Notes and Study material for Exams
rawan239BUDGETING Budgeting is the process of estimating the availability of Resources and then allocating them to various activities of an organization according to a pre-determined priority. In most cases, approval of a budget also means the approval to various spending units to utilize the allocated resources. Budgeting plays a criucial role in the socio-Economic Development … Read more
WHO Defines Food Security to exists when all people, at all times, have physical, social and economic access to sufficient, safe and nutritious food which meets their dietary needs and food preferences for an active and healthy life. Food security has three interlinked contents such as :- Availability of food, Access to food and absorption of food. Food … Read more
NATURAL Resources OF INDIA What are Natural Resources ? Natural resources are useful raw materials that we get from the Earth. They occur naturally, which means that humans cannot make natural resources. Instead, we use and modify natural resources in ways that are beneficial to us. The materials used in human-made objects are natural resources. Some … Read more
The term Sustainable Growth became prominent after the World Conservation Strategy Presented in 1980 by the International Union for the Conservation of Nature and Natural Resources. Brundland Report(1987) define Sustainable Development as the a process which seek to meet the needs and aspirations of the present generation without compromising the ability of the future generation … Read more
A non performing asset (NPA) is a loan or advance for which the principal or interest payment remained overdue for a period of 90 days.According to RBI, terms loans on which interest or installment of principal remain overdue for a period of more than 90 days from the end of a particular quarter is called a … Read more
Inflation & Control Mechanism Inflation is a sustained increase in the general price level of goods and Services in an economy over a period of time. When the price level rises, each unit of currency buys fewer goods and services.It is the Percentage change in the value of the Wholesale Price Index (WPI) on a year-on … Read more
Current trends and challenges in the Indian economy Good news is underway for India as its economy is poised to win back its tag of the fastest growing economy in the world. The recent upgrade of India’s rating by the US based credit rating agency Moody’s (Baa2 from Baa3) in recognition of the reforms agenda … Read more
Constitutional Developement in India question developed by pscnotes team [WATU 2], The Government of India Act, 1935 The Government of India Act, 1935 was a major constitutional document that governed British India and its princely states from 1935 to 1947. It was the culmination of a long process of constitutional reform that began in the … Read more
The Eight Core industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP) and are as follows:- Coal Crude Oil Natural Gas Refinery Products Fertilizers Steel Cement Electricity Coal The reality of India’s Energy sector is that around three-quarters of our power comes from coal powered Plants … Read more
Education has been accepted as one major agency of socialization, and teachers and educational institutions as socializing agents. In describing education as an instrument of Social Change, three things are important: the agents of change, the content of change, and the social background of those who are sought to be changed, i.e. students. Educational institutions … Read more