Notes and Study material for Exams
Monetary Policy TOOL: There are several direct and indirect instruments that are used for implementing monetary policy. Repo rate: The (fixed) interest rate at which the Reserve Bank provides overnight liquidity to banks against the collateral of government and other approved securities under the Liquidity Adjustment facility (LAF). Reverse Repo Rate: The (fixed) interest rate … Read more
Census Of India : Economic and Social features Rural and urban Population Altogether, 833.5 million persons live in rural area as per Census 2011, which was more than two-third of the total population, while 377.1 million persons live in urban areas. Urban proportion has gone up from 17.3 per cent in 1951 to 31.2 per … 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 exports and … Read more
Fiscal Responsibility and Budget Management Act The FRBM Act 2003 in its amended form was passed by the government to bring fiscal discipline and to implement a prudent Fiscal Policy. High Fiscal Deficit was the one major macroeconomic problem faced by Indian economy around 2000. It was argued that high deficits lead to Inflation, reduces … Read more
MNREGA and community power structure Several rural development programmes were initiated in India during 1950s and 1960s. These programmes, popularly known as community development programmes, regarded rural people as beneficiaries but not participants in the development process. They were centrally designed and were implemented by extension agents using a top-down mode of decision-making. Those agents … 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 in the … Read more
Concept Definition Carbon Sequestration Carbon sequestration is the process of removing carbon from the Atmosphere and storing it in a fixed molecule in Soil, Oceans or Plants. Carbon Sink An organism or landscape that stores carbon is called a carbon sink. Carbon source An organism or landscape that emits carbon is called a carbon source. Climate change adaptation … Read more
Social Empowerment, Communalism, Regionalism Social Empowerment In societal development, conception of empowerment has vital role. This phrase is linked with Secularism and national amalgamation. The consequences of Communalism are ruinous. Causes of Communalism There are numerous of causes for the occurrence of communalism. First is the tendency of the Minorities. The Muslims fail to … Read more
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–2/”>a >DOCTYPE html PUBLIC “-//W3C//DTD XHTML 1.0 Transitional//EN” “http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd”> Social determinants of Economic Development and impact of economic consequences remain subject of discussion among the sociologists. In the beginning development was defined solely in terms of economic perspectives. It is looked at as a process whereby there is a steady increase in the level of … Read more