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Key US government memorandum that militarized American foreign policy?
National Security Council Memorandum Number 68 (NSC-68)
What was George F Kennan's role during the Cold War?
His "long telegram" inspired NSC-68, the classified report that recommended communist containment.
Why was NSC-68 a secret?
National Security Council
The defense policy statement known as NSC-68?
Truman
What was the significance of NSC-68 during the Korean war?
it was big
What kind of organisation is the NSC?
The NSC or National Security Council is a government organization. It is a forum used by the president for national security and foreign policy matters.
What do the authors of NSC-68 identify as the most contagious idea in history?
The authors of NSC-68 identify the most contagious idea in history as the belief in the superiority of the communist system and the inevitability of its global triumph. They viewed this idea as a threat to the values of freedom and democracy, leading them to advocate for a strong containment policy against the spread of communism.
What is National Savings Certificate NSC?
NSC certificates are certificates of deposits issued by the government of India. Any Indian can deposit cash in NSC. This money would be used by the government for its cash needs. NSC gives us a return of 8% per annum compounded every half year and we can get our amount inclusive of the interest at the end of 6 years. 6 years is the lock in period on NSC certificates. Since these certificates are issued by our government they are extremely safe.Safety = Very high because backed by the governmentReturns on Investment = Average - Our Inflation is 11% and the returns on NSC is only 8%Investment Strong points:a. Extremely Safeb. A decent amount deposited every year can help us make up a good corpus over the long run.Downside:a. Only average returns.b. Long lock in period. We cannot take out our cash before 6 yearsc. The Interest earned on NSC is taxable
What are the use of national saving certificate?
NSC certificates are certificates of deposits issued by the government of India. Any Indian can deposit cash in NSC. This money would be used by the government for its cash needs. NSC gives us a return of 8% per annum compounded every half year and we can get our amount inclusive of the interest at the end of 6 years. 6 years is the lock in period on NSC certificates. Since these certificates are issued by our government they are extremely safe.Safety = Very high because backed by the governmentReturns on Investment = Average - Our Inflation is 11% and the returns on NSC is only 8%Investment Strong points:a. Extremely Safeb. A decent amount deposited every year can help us make up a good corpus over the long run.Downside:a. Only average returns.b. Long lock in period. We cannot take out our cash before 6 yearsc. The Interest earned on NSC is taxable
What is the interest rates of National Saving Certificates in India?
NSC certificates are certificates of deposits issued by the government of India. Any Indian can deposit cash in NSC. This money would be used by the government for its cash needs. NSC gives us a return of 8% per annum compounded every half year and we can get our amount inclusive of the interest at the end of 6 years. 6 years is the lock in period on NSC certificates. Since these certificates are issued by our government they are extremely safe.Safety = Very high because backed by the governmentReturns on Investment = Average - Our Inflation is 11% and the returns on NSC is only 8%Investment Strong points:a. Extremely Safeb. A decent amount deposited every year can help us make up a good corpus over the long run.Downside:a. Only average returns.b. Long lock in period. We cannot take out our cash before 6 yearsc. The Interest earned on NSC is taxable
What is National Savings certificate?
NSC certificates are certificates of deposits issued by the government of India. Any Indian can deposit cash in NSC. This money would be used by the government for its cash needs. NSC gives us a return of 8% per annum compounded every half year and we can get our amount inclusive of the interest at the end of 6 years. 6 years is the lock in period on NSC certificates. Since these certificates are issued by our government they are extremely safe.Safety = Very high because backed by the governmentReturns on Investment = Average - Our Inflation is 11% and the returns on NSC is only 8%Investment Strong points:a. Extremely Safeb. A decent amount deposited every year can help us make up a good corpus over the long run.Downside:a. Only average returns.b. Long lock in period. We cannot take out our cash before 6 yearsc. The Interest earned on NSC is taxable
Why nsc-68 was important?
1. NSC-68 This document assumed that we were losing the Cold War and assumed there was something called a monolithic communist threat which assumed that all communists were like Stalin. It also said that the US must fight communism everywhere. In order to prepare for WWIII predicted for 1954, we needed to build up our military on a massive scale. They were afraid of the domino theory, that if one nation fell to communism al nations surrounding would too.
