GK Express of 23/06/2025

GK Express
Small things will make a big difference in long run

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ECONOMY COACH

1. What is the difference between Monetary Policy and Fiscal Policy?
Monetary Policy: Managed by RBI, controls money supply and interest rates.
Fiscal Policy: Managed by Govt., involves taxation and expenditure to influence economy.
2. Who is credited with the concept of "invisible hand"?
The “invisible hand” is a metaphor coined by Adam Smith, the father of modern economics, in his book The Wealth of Nations (1776).It refers to the self-regulating nature of the free market, where individuals pursuing their self-interest unintentionally benefit society.
3. Which tax was replaced by GST?
GST (Goods and Services Tax) replaced multiple indirect taxes including VAT (Value Added Tax), Service Tax, Excise Duty, etc.

GOVERNANCE COACH

1. What is the concept of ‘Social Audit’?
A process where citizens evaluate implementation of govt. schemes through verification of official records and physical verification of works done.
2. Who is known as the "father of the RTI movement" in India?
Aruna Roy, along with the Mazdoor Kisan Shakti Sangathan (MKSS) in Rajasthan, played a pivotal role in building the grassroots movement that led to the enactment of the RTI Act. The Right to Information (RTI) Act came into force on October 12, 2005.
3. What is the anti-corruption ombudsman at the state level called?
At the state level, the anti-corruption ombudsman in India is called Lokayukta. It is the state-level equivalent of the Lokpal, which operates at the national level. The Lokayukta investigates and addresses complaints of corruption and misconduct against public servants, including government officials and elected representatives.

INDIAN ART AND CULTURE COACH

1. Who built the Kailasa Temple at Ellora and what is unique about it?
Built by Krishna I of the Rashtrakuta dynasty; carved from a single monolithic rock—largest rock-cut temple in the world.
2.Which city is known for the stepwell called Rani ki Vav?
Rani ki Vav, located in Patan, Gujarat, is a 11th-century stepwell built by Queen Udayamati of the Solanki dynasty in memory of her husband. It showcases exquisite Maru-Gurjara architecture with over 800 intricate sculptures and serves both religious and utilitarian purposes. Recognized for its cultural significance, it was declared a UNESCO World Heritage Site in 2014.
3. What is the difference between Hindustani and Carnatic Music?
Hindustani: North India, more improvisational, uses instruments like sitar and tabla.
Carnatic: South India, more composition-based, uses veena and mridangam.

NCC B CERTIFICATE COACH

WEAPON TRAINING
1. What is the 'Sighting-in Process' in shooting?
Adjusting the sights so the bullet hits the point of aim—done through zeroing on the range.
DRILLING
2. What is the purpose of the 'Review Order' drill formation?
A special formation for inspection by officers or guests, showcasing uniformity and discipline.
BATTELECRAFT AND FIELDCRAFT
3. What is a 'Re-Entrant' in fieldcraft?
A U-shaped landform between two spurs; useful for cover and concealment in battlecraft.
ABBREVIATION
4. Expand UNESCO
United Nations Educational, Scientific and Cultural Organization

Did You Know?

🎭 India has 8 classical dance forms, including the lesser-known Sattriya from Assam, which was recognised as a classical dance by Sangeet Natak Akademi in 2000.



QUESTION OF THE DAY

International olympic day is celebrated on which date ?
International Olympic Day is celebrated every year on 23rd June to commemorate the founding of the International Olympic Committee (IOC) in Paris in 1894.

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