Notes and Study material for Exams
Weather forecast There are two ways for weather forcasting: Short-range forecasting Meteorologists can make somewhat longer-term forecasts (those for 6, 12, 24, or even 48 hours) with considerable skill because they are able to measure and predict atmospheric conditions for large areas by computer. Using models that apply their accumulated expert knowledge quickly, accurately, and … Read more
Capitalism vs. Socialism: A Tale of Two Economic Systems The world’s economies are diverse, each with its own unique blend of policies and ideologies. Two dominant systems, however, stand out: capitalism and socialism. These contrasting approaches to resource allocation, production, and distribution have shaped the course of history and continue to spark debate. This article … Read more
Industrial Growth and Structure – Public, Private and Joint Sectors Division of the economy between Public Sector and Private Sector: The present economic structure of Indian economy is known as Mixed Economy, where there is a coexistence of both the public sector and the private sector. All the different types of industries are … Read more
National Law University National Law University, Delhi (NLUD) is a prestigious law university in India, offering courses at the undergraduate and postgraduate levels. It is situated in Sector-14, Dwarka, New Delhi, India. NLUD is one of the national law schools in India built on the five-year law degree model proposed and implemented by the Bar … Read more
The Enduring Legacy of Hundi: A Deep Dive into the Informal Money Transfer System Introduction In the tapestry of global finance, where intricate networks of institutions and technologies weave together to facilitate the movement of money, there exists a fascinating and often overlooked thread: the informal money transfer system known as Hundi. This ancient practice, … Read more
INFRASTRUCTURE, and inadequate funding. Gender inequality: In some parts of the world, girls and Women are not given the same opportunities to education as boys and men. This can be due to a number of factors, such as cultural norms, religious beliefs, and economic constraints. Conflict and violence: Conflict and violence can disrupt … Read more
Economic Reforms In India New Industrial Policy Under Industrial Policy, keeping in view the priorities of the country and its Economic Development, the roles of the public and private sectors are clearly decided. Under the New Industrial Policy, the industries have been freed to a large extent from the licenses and other controls. In order … Read more
What is GST? Goods and Services Tax — GST — is a comprehensive tax levy on manufacture, sale and consumption of goods and services at a national level. Through a tax credit mechanism, this tax is collected on value-added goods and services at each stage of sale or purchase in the supply chain. The system … Read more
The Shifting Sands of Disinvestment: A Deep Dive into India’s Current Policy India’s disinvestment policy, a cornerstone of its economic strategy, has undergone significant evolution over the years. From a hesitant approach in the early days of liberalization to a more aggressive stance in recent times, the government’s approach to divesting its stake in public … Read more
Green Revolution is an agricultural revolution in which agricultural productivity was increased by providing package of inputs like High yield variety seeds, chemical fertiliser and better Irrigation facility. It lead to the increased agricultural production and made India a self -reliant country in terms of food production. Impact of Green Revolution are summarised as below: … Read more