Welcome to Government Exam Guru

Your ultimate partner in preparing for all government exams. Access comprehensive information on a wide range of topics to achieve your career goals. Find every article in latest article! Or Search If you can't find it!

Latest Articles

Understanding Knowledge Engineering- The Future of AI Driven Decision Making

Knowledge engineering is a pioneering discipline within the realm of artificial intelligence (AI), focused on the development of systems that can emulate the thought processes of human experts when addressing complex problems. By creating rules that can be applied to data, knowledge engineering aims to replicate the decision-making capabilities of individuals highly skilled in specific fields, such as finance, healthcare, or engineering....
Understanding the Home Buyers' Plan (HBP) in Canada

The <strong>Home Buyers’ Plan (HBP)</strong> is a unique Canadian government initiative designed to assist first-time homebuyers by allowing them to use their Registered Retirement Savings Plans (RRSPs) as a source of funding for purchasing a home. Here’s an in-depth look at how the HBP works, its eligibility requirements, repayment terms, and other relevant details....
Understanding Off Balance Sheet (OBS) Items

Off-balance sheet (OBS) items play a significant role in the financial reporting landscape, providing a different perspective on a company’s financial obligations and assets. While these items do not appear on a company’s balance sheet, they can still have substantial implications for the financial health of an organization. In this article, we will delve into what OBS items are, their importance, types, the legal frameworks around them, and the consequences of their mismanagement....
What Is a Go Go Fund?

A <strong>go-go fund</strong> is a term used to describe a type of mutual fund characterized by an aggressive investment strategy that focuses primarily on high-risk securities with the objective of generating above-average returns. Predominantly, these funds hold substantial positions in <strong>growth stocks</strong> — equities that are expected to grow at an above-average rate compared to other companies. While growth stocks present the allure of higher potential returns, they also come with significant risk factors....
Understanding Refinancing- A Comprehensive Guide

Refinancing, often abbreviated as refi, signifies the revision and replacement of the terms of an existing credit agreement, primarily relating to loans or mortgages. This financial maneuver can lead to better interest rates, modified payment schedules, or altered terms of the original loan. If a refinance request is approved, the borrower presumes a new contract eliminates the old one. As such, refinancing can be a strategic move for both individuals and businesses seeking to optimize their debt payment obligations....
Understanding Inflation- A Comprehensive Overview

Inflation is a critical economic concept that fundamentally affects the purchasing power of consumers and the overall health of an economy. This article dives deeper into what inflation is, its causes, types, effects, and ways to control it to provide a complete understanding of its complexities....
Understanding Cum Dividend- Meaning and Mechanism

In the world of stock trading, terms like "cum dividend" and "ex-dividend" are essential for investors to comprehend, particularly those who are interested in cash flow from dividends. But what exactly does it mean when we say a stock is cum dividend? ...
Understanding the Law of Diminishing Marginal Utility

In economics, the term “utility” refers to the satisfaction or pleasure that individuals derive from consuming goods and services. This concept serves as a crucial foundation for understanding consumer behavior and market dynamics. The law of diminishing marginal utility is a pivotal principle built upon the concepts of utility and marginal utility, providing insight into why individuals make consumption choices the way they do....
Understanding Ultimate Mortality Tables

Ultimate mortality tables are essential tools in the fields of actuarial science and life insurance. These tables provide a statistical framework that informs insurers about the likely lifespan of policyholders, aiding them in making crucial underwriting and pricing decisions. In essence, an ultimate mortality table lists the percentage of life insurance purchasers expected to be alive at each given age, starting from birth (age 0) and extending up to age 120....
An Overview of the National Commodity and Derivatives Exchange (NCDEX)

The National Commodity and Derivatives Exchange (NCDEX) plays a pivotal role in India's agricultural landscape as a premier commodities exchange dedicated primarily to trading agricultural commodities. Established in 2003, it has its headquarters in Mumbai and operates under the auspices of a well-regulated financial framework, which has allowed it to garner significant participation from India's leading financial institutions....