Notes and Study material for Exams
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
Electric motor Electric motor, any of a class of devices that convert electrical energy to mechanical energy, usually by employing electromagnetic phenomena. Most electric motors develop their mechanical torque by the interaction of Conductors carrying current in a direction at right angles to a Magnetic Field. The various types of electric motor differ in the … Read more
Current Status It is the largest and fastest growing sector globally contributing to the global output and employing more people than any other sector Why has services sector grown? Increase in Urbanisation, privatisation and more demand for intermediate and final consumer services Availability of quality services is vital for the well being of the economy … Read more
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 to encourage modernisation, Stress has been laid … Read more
Universal basic income (UBI) is a model for providing all citizens of a country or other geographic area with a given sum of Money, regardless of their income, Resources or EMPLOYMENT status. The purpose of the UBI is to prevent or reduce POVERTY and increase Equality among citizens. It is one of the kind of … Read more
Use of I.T. in various Services An important application of information technology is video on demand. It is very common now a days. The cable tv operator provides services to watch any video clipping, movie or any favourite tv program. The channel is established from the computer at home and the cable operator. … Read more
The Agricultural Revolutions of India: A Journey of Transformation India, a land of diverse landscapes and rich agricultural heritage, has witnessed a series of transformative agricultural revolutions that have shaped its economic and social fabric. These revolutions, driven by technological advancements, policy changes, and societal shifts, have propelled India from a predominantly agrarian society to … Read more
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
Professor Freeman J. Dyson, of Institute of Advanced Studies, Princeton, in his book “Infinite in all Directions,” had this to say about Technology: “Technology is a gift of God. After the gift of Life, it is perhaps the greatest of God’s gifts. It is the mother of civilization, of Arts and of Sciences. Technology … Read more
–2/”>a >DOCTYPE html PUBLIC “-//W3C//DTD XHTML 1.0 Transitional//EN” “http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd”> and application of PC software packages: definition, Type of software and its Knowledge of Word processing, Spreadsheets and Power point presentation software packages is a set of programs, which is designed to perform a well-defined function. A program is a sequence of instructions written to solve … Read more