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According to the data available with the RBI (chart below), the number of Rs 500 notes in circulation increased from 1,141 crore as of 31 March 2014 to 1,571 crore as of 31 March 2016, an increase of whopping 38 percent over two years
Similarly, the number of Rs 1,000 notes rose 24.5 percent from 508 crore to 633 crore during the period. Both the denominations together witnessed a jump of 33.6 percent over the two-year period.
The proportion of Rs 500 and Rs 1,000 in the currency in circulation, which stands at 86 percent of the total value.
Services sector is the largest sector of India. Gross Value Added (GVA) at current prices for Services sector is estimated at 61.18 lakh crore INR in 2014-15. Services sector accounts for 52.97% of total India's GVA of 115.50 lakh crore Indian rupees. With GVA of Rs. 34.67 lakh crore, Industry sector contributes 30.02%. While, Agriculture and allied sector shares 17.01% and GVA is around of 19.65 lakh crore INR.
India accounts for 7.68 percent of total global agricultural output. GDP of Industry sector is $495.62 billion and world rank is 12. In Services sector, India world rank is 11 and GDP is $1185.79 billion. Contribution of Agriculture sector in Indian economy is much higher than world's average (6.1%)
Black money is money which is earned through any illegal activity controlled by country regulations. Black money proceeds are usually received in cash from underground economic activity and, as such, is not taxed. Recipients of black money must hide it, spend it only in the underground economy, or attempt to give it the appearance of legitimacy through money laundering.
The report further states that a total of 28.7 million individuals filed income tax returns, of which 16.2 million did not pay any tax, leaving only about 12.5 million tax-paying individuals, which is just about 1 percent of the total population of India.
As we know farmers do not pay tax as they are exempted from it and the percentage of their population is nearly 60% in India. On the other hand there are majority of street seller in India called Rari Wala, they are not paying a single rupee as a income tax while 10% of them earning more than 1.5 lac per month causes great loss to Indian Government. Above this a great percentage of more than 70% are the salaried person among the income tax payer in India.
SLIP, or Serial Line Interface Protocol, is actually an old protocol developed during the early UNIX days. This is one of the protocols that are used for remote access.
Firewalls serve to protect an internal network from external attacks. These external threats can be hackers who want to steal data or computer viruses that can wipe out data in an instant. It also prevents other users from external networks from gaining access to the private network.
MAC, or Media Access Control, uniquely identifies a device on the network. It is also known as physical address or Ethernet address. A MAC address is made up of 6-byte parts.
DoS, or Denial-of-Service attack, is an attempt to prevent users from being able to access the internet or any other network services. Such attacks may come in different forms and are done by a group of perpetuators. One common method of doing this is to overload the system server so it cannot anymore process legitimate traffic and will be forced to reset.
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