Notes and Study material for Exams
Facing Global Competition Globalisation means gradual integration of economies through free movement of goods, Services and capital which has significant impact on the economies of both developed and developing countries. Globalisation refers to a process of growing economic interdependence among different countries of the world. Thus, in the globalised era, the whole world … Read more
IMPACT OF NEW ECONOMIC POLICY India’s post-independence development strategy showed all the signs of stagnation, but the economy started showing the sign of recovery in the early nineties when the government adopted the new economic model known as INFRASTRUCTURE, into a modern developed economy. New Economic Policy 1991 India opened up the economy … Read more
Make-in India – Start- up and Stand-up programmes Make-in India Make in India is the government’s flagship campaign intended to boost the domestic manufacturing Industry and attract foreign investors to invest into the Indian economy. The Indian Prime Minister, Mr. Narendra Modi first mentioned the keyphrase in his maiden Independence Day address from … Read more
Control over Public Expenditure In a parliamentary Democracy, the political executive is responsible to the Parliament. The control exercised by the Parliament over the executive is its control on financial expenditure. Parliamentary Control The Parliament is the custodian of public Money, and what better way to keep an eye on the authorities spending … Read more
Sectoral trends in NATIONAL INCOME of India In 1950-51, the share of the primary sector in GDP was as high as 55.8%, while that of the Secondary Sector was only 15.2%. There has been a steady decline in the share of Primary Sector since then. It fell to 26% in 2000-01. On the … Read more
Role of Trade Unions Although trade unions look after the interests of their members, they also recognise the advantages of working in PARTNERSHIP with employers. This is because a successful, profitable business is good for workers and therefore good for the union and its members. f you recognise a trade union in your … Read more
problems issues and efforts to overcome INFRASTRUCTURE building, modern equipment and raw materials is a hurdle in Learning during training. This can be attributed to improper release of funds. Lack of autonomy Lack of administrative and financial autonomy and accountability is another pitfall in the way. If these institute are given good deal … Read more
Planning and Foreign Trade Foreign Trade is the important factor in Economic Development in any nation. Foreign trade in India comprises of all imports and exports to and from India. The Ministry of Commerce and Industry at the level of Central Government has responsibility to manage such operations. The domestic production reveals on … Read more
Welfare of Disabled, Aged and Others: Enactments, Policies, Institutions and Schemes Vulnerable groups are those groups of Society which would be susceptible under any unfavourable situations such as where the adults are not capable to provide a satisfactory living for the household due to Health issues like disability, illness, age … Read more
GS1;PART III;PART C Technique of Analysis of financial statement Financial statement: They are written records that convey the financial activities and condition of business or entity . It has four major components i.e. Income statement Balance sheets Statement of retained earnings Cash flows Financial statement analysis: It is a systematic … Read more