Notes and Study material for Exams
Agricultural credit provided directly to farmers, called direct finance to farmer for agriculture, is either short-term or long-term. While short-term credit enables cultivators to procure inputs such as fertiliser and seeds needed for agricultural operations, long-term credit is meant for Investment in fixed assets such as Irrigation pumps, tractors, agricultural machinery and so on, thus … Read more
Current Account deficit and Unfavorable Balance of Payment Current Account Deficit The current account deficit is a measurement of a country’s trade where the value of the goods and Services it imports exceeds the value of the products it exports. The current account includes net income, such as interest and dividends, and transfers, such as … Read more
Salient features of Hinduism is the major Religion in India, there exist various other religions such as Islam, Secularism. The geo-political unity of India was always visualized by our seers and rulers. The expressions of this consciousness of the geo-political unity of India are found in Rig-Veda, in Sanskrit literature, in the edicts of Asoka, … 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
Importance of Science & Technology as an engine for national development- Industrial development & Urbanization 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 … Read more
Determinants of ethics These are the factors in human behaviour that determine whether it is good or bad. There are three such determinants of ethics, namely the object, the end, and the circumstances. Object means what the free will chooses to do in thought, word, or deed or chooses not to do. By end … Read more
Gujarat Planned Development Necessity and Meaning of Planned Development: When Independence came, India had a slender industrial base. Millions of her rural people suffered under the weight of a traditional agrarian structure. A long period of economic stagnation, against the background of increasing pressure of Population, followed by the burdens of the Second World War, … Read more
Meaning of Public Policy Are goal oriented Are outcome of the government’s collective actions It is what the government actually decided or chooses to do Is positive in the sense that it depicts the concern of the government and involves its action to a particular problem on which the policy is made Distinction between policy … Read more
Nature, types and Problems of Unemployment in India:-Unemployment may be defined as “a situation in which the person is capable of working both physically and mentally at the existing wage rate, but does not get a job to work”. India is one of those ill-fated underdeveloped countries which is suffering from a huge unemployment problem. … 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