Notes and Study material for Exams
JOB CREATION As outlined in the NITI Aayog’s Action Agenda, India suffers more from the problem of underemployment (i.e. low-productivity, low-wage jobs) than Unemployment as for example: In 2011-12, agriculture engaged nearly 50% of the workforce but contributed 15% to GDP In 2010-11, within manufacturing, small firms employed 72% but output was … Read more
Commercial Bills: A Comprehensive Guide to Short-Term Financing Commercial bills, also known as trade bills or banker’s acceptances, are a vital tool in the world of short-term financing. They offer businesses a flexible and efficient way to manage their cash flow, particularly when dealing with trade transactions. This article delves into the intricacies of commercial … Read more
Interrelationship Of Disaster And Development Debate regarding the relationship between socioeconomic development and natural disasters remains at the fore of global discussions, as the potential risk from Climate extremes and uncertainty pose an increasing threat to developmental prospects. This study reviews statistical investigations of disaster and development linkages, across topics of macroeconomic Growth, public governance … Read more
What is a pumped storage hydro power plant? A pumped storage hydro power plant is a type of hydroelectric power plant that uses two reservoirs at different elevations to store water. During periods of low demand for electricity, water is pumped from the lower reservoir to the upper reservoir. When electricity demand is high, the … Read more
Regional Comprehensive Economic PARTNERSHIP (RCEP) and India Fifteen countries have formed the world’s largest trading bloc, covering nearly a third of the global economy. The Regional Comprehensive Economic Partnership (RCEP) is made up of 10 Southeast Asian countries, as well as South Korea, China, Japan, Australia and New Zealand. The pact is seen as an … Read more
India’s role in SAARC India dominates the South Asian landmass and, due to its peninsular geographical configuration, has a long coastline that offers access to the Arabian Sea, the Bay of Bengal, and the eponymous Indian Ocean. Of the member countries of SAARC, India Shares land borders with Nepal, Bhutan, Bangladesh, and Pakistan, and maritime … Read more
Dadabhai Naoroji: ‘POVERTY in India’ (1876) He claimed that the drain of wealth and capital from the country which started after 1757 was responsible for absence of development in India. Drain was done through trade, Industry and finance Two Elements of the drain That arising from the Remittances by European officials of their Savings, … Read more
The Comptroller and Auditor General (CAG) promotes accountability, transparency and Good Governance through high quality Auditing and accounting.The Comptroller and auditor general (CAG) of India is empower to audit all expenses from the combine Fund of the union or state governments, whether incurred within India or outside. The Comptroller and Auditor General of India (CAG) … Read more
The National Clean Energy Fund: A Catalyst for a Sustainable Future? The National Clean Energy Fund (NCEF) is a crucial element in the United States’ efforts to transition to a clean energy future. This fund, established in 2009 as part of the American Recovery and Reinvestment Act, aims to accelerate the development and deployment of … Read more