Notes and Study material for Exams
Understanding Gross Value Added (GVA) at Factor Cost: A Comprehensive Guide Gross Value Added (GVA) at factor cost is a crucial economic indicator that measures the value of goods and services produced within a specific region or industry, taking into account the costs of production. It provides a comprehensive picture of economic activity and is … Read more
Understanding Factor Cost: A Deep Dive into the Economics of Production The cost of production is a fundamental concept in economics, shaping everything from pricing strategies to government policy. While we often think of prices in terms of what consumers pay, economists use a more nuanced approach to understand the true cost of producing goods … Read more
BPO (Business Process Outsourcing) Business process outsourcing (BPO) is a method of subcontracting various business-related operations to third-party vendors. Although BPO originally applied solely to manufacturing entities, such as soft drink manufacturers that outsourced large segments of their supply chains, BPO now applies to the outsourcing of Services, as well. Many businesses, from small startups … Read more
Foreign Direct Investment (FDI) regime, improved Communication systems that produce and facilitate the trade of the concerned commodities. [su_heading size=”21″]Distribution and changing pattern of Cotton textile industry[/su_heading] The industrial development in India began with the establishment of first successful modern cotton textile mill at Mumbai in 1854.Traditional cotton textile industry could not face the competition … Read more
Bioaugmentation is the process of introducing beneficial microorganisms into an environment to improve the overall health of the ecosystem. These microorganisms can help to break down pollutants, improve soil fertility, and control pests and diseases. Bioaugmentation has been used successfully in a variety of applications, including wastewater treatment, soil remediation, and agriculture. In wastewater treatment, … Read more
The Shifting Sands of British Rule: A Look at Different Policies in India The British East India Company’s arrival in India in the 17th century marked the beginning of a long and complex chapter in Indian history. Over the next two centuries, the Company’s influence grew, culminating in the establishment of British rule in 1857. … Read more