Questions

Rajasthan assembly has passed an amendment bill awarding death penalty for convicts involved in

the rape of girls below 12 years of age. State Home Minister Gulab Chand Kataria introduced

'The Criminal Laws (Rajasthan Amendment) Bill, 2018' in the assembly, which was passed in the

House by a voice vote following a debate.

Monetary policy is the process by which the monetary authority of a country, typically the central bank or currency board, controls either the cost of very short-term borrowing or the monetary base, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency.

The basic objective of monetary policy is to assist the economy in achieving a full-employment, noninflationary level of total output.

Cause-effect chain: Changes in the money supply affect interest rates, which affect investment spending and therefore aggregate demand.

A change to the Constitution is called as An Amendment.

An Amendment ::

An Amendment is ratified after two-thirds of the House and Senate approve of the proposal and send it to the states for a vote. That Convention can propose as many amendments as it deems necessary. Then, three-fourths of the states must affirm the proposed Amendment.

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Anirudh Bhattacharyya

The standard deduction of Rs. 40,000 is seek to provide relief to salaried tax payers in the Budget proposals in place of the present exemption allowed for transport allowance and reimbursement of miscellaneous medical expenses.