Loading...
Testwale Logo

FAQ

How long will it take for my account to be activated once the payment is made?

Once the payment is made, your account will be activated right away.

Pages are not loading properly.

Try checking your internet connection or restart your phone. If the problem still persists, take a screenshot and send us at [email protected], we will look into it.

How can I reset my password?

For the users registered with their mobile number, follow the following steps for resetting your password: 1. You need to enter your mobile number on the log-in page. 2. Click "Forget Password", to get an OTP on your registered number. 3. Using the OTP received on your number, you can now reset your password.

Pages are not loading properly.

Try checking your internet connection or restart your phone. If the problem still persists, take a screenshot and send us at [email protected], we will look into it.

How can I change the language of the article and quizzes?

We have a "Change Language" option in Test Series and Daily Quizzes. If you want the content (test and quiz) in Hindi/English language, go to Settings -> Change Language, to change your default language from Hindi to English or Vice-Versa.

I am unable to make payment for the pass.

In case of failure of a transaction before the amount deduction, we advise the student to try making the payment again. In case of transaction failure after amount deduction either access to the purchased product will be provided within few hours or we request the student to wait for 3 to 4 working days. The money will be credited back to his/her account.

I have made the payment but the tests are not unlocked.

Although rare, if so: You can directly mail us at [email protected] and we will resolve your issue.

What are all the payment methods allowed to buy a plan?

You can pay using: Credit Card/ Debit Card or Through: UPI and Netbanking.

What happens if I get disconnected during a test?

Don't worry! We auto-pause your test so, you can resume the test where you left. The test can also be manually paused by clicking on the "Pause" icon on the top left corner inside the timer circle. Please note: This function is not available in a Live Test.

What are the benefits of the subscription?

Here you will get access to test series and quizzes by top Educators. This will evaluate your learning and measure your progress.

Farmers debt increased by 53% in the last 6 years

Tags: Economy/Finance

The Government of India has informed the Lok Sabha on 15 March 2022 that the farmers’ debts in the country have increased by 53% over the past six years.

In 2015-16 the total debt of the farmers to the scheduled commercial banks was Rs 12 Lakh crores which jumped to Rs 18.4 lakh crore in 2020-21.

  • The number of such loan accounts increased from 6.9 crore to more than 10 crore.

  • The growth of farmers’ debt burden is highest in Maharashtra, an increase of  116% in the outstanding amounts due over the six-year period. The state also has the highest agricultural loan  in the country with a total loan amount of Rs 5.5. Lakh crore. The State also consistently has the largest number of farmer suicides, as recorded by the National Crime Records Bureau.

  • Other States which saw significant increase in farmers’ debt burden include Odisha (76%), Tamil Nadu (68%), Andhra Pradesh (65%) and Gujarat (64%). 

  • The state which saw the highest  drop in the farmer debt was Karnataka, posting a 37% drop.

Concept Clearing 

Scheduled Commercial Banks 

Scheduled banks are those banks in India which are included in the second schedule of the Reserve Bank of India act 1934. These banks are all allowed to participate in the clearing house. They can participate in government business (buying and selling of government securities etc). They have to maintain Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) etc.

Commercial means these banks work for profit and earning profit is their main aim.

Which type of banks comes under the Scheduled Commercial Bank category in India? 

Public sector banks ; Banks in which the government of India holds 51% or more equity shares are called public sector banks. for e.g SBI, BOB, Canara Bank, PNB etc.

Private Sector Banks : Banks in which the non-government person (private persons)holds 51% or more equity shares are called public sector banks. for e.g HDFC Bank, ICICI bank, Yes bank, IDBI bank, Kotak Mahindra, Karnataka bank etc.

Foreign Banks : Banks in which foreigners hold 51% or more equity shares in the banks. For e.g  Citibank, HSBC bank, Standard Chartered Banks etc.

Please Rate this article, so that we can improve the quality for you -

Search By Tags

Committee Festivals of India Russia-Ukraine Sports National Economy/Finance International Relations Government Schemes Popular Defence Books and Authors Science and Technology Summits Economics/Business Awards Person in news State News Important Days Sports News International News National News
serablock login_ch-testwale