YOUTH'S-UPSC

 Internal working group of RBI headed by P.K Mohanty has recommended series of reform in banking. Committee has been constituted by RBI  to examine and review the licensing and regulatory guideline relating to ownership and control, corporate structure and other related issues. some of them are following;- The cap on promoter stake to be increased in long run(15 year) from currently 15% to 26% of the paid up voting capital of Bank. On non promoter shareholding to have a uniform cap of 15% of the paid up voting capital of bank of all type of shareholder. For the payment bank intended to convert to small finance bank track record of 3 years is suffice to consider. Small Finance Bank and Payment Bank may be listed within 6 years from the date of reaching net worth of equivalent to prevalent entry capital prescribed for Universal Bank or 10 years from the date of commencement of operation, whichever is earlier. The  minimum initial paid up capital requirement for licensing new Universal B

 Indian Administration 1. Evolution of Indian Administration : Kautilya Arthashastra; Mughal administration; Legacy of British rule in politics and administration Indianization of Public services, revenue administration, district Administration, local self Government. . 2. Philosophical and Constitutional framework ofGovernment : Salient features and value premises; Constitutionalism; Political culture; Bureaucracy and democracy; Bureaucracy and development. 3. Public Sector Undertakings : Public sector in modern India; Forms of Public Sector Undertakings; Problems of autonomy, accountability and control; Impact of liberalization and privatization. 4. Union Government and Administration : Executive, Parliament, Judiciary-structure, functions, work processes; Recent trends; Intra-governmental relations; Cabinet Secretariat; Prime Minister’s Office; Central Secretariat; Ministries and Departments; Boards; Commissions; Attached offices; Field organizations. 5. Plans and Priorities : Machi