Economics

WHITE REVOLUTION IN INDIA

White Revolution IN INDIA   The package programme adopted to increase the production of milk is known as White Revolution in India. The White Revolution in India occurred in 1970, when the National Dairy Development Board (NDDB) was established to organize the dairy development through the co-operative societies. Varghese Kuerin was the father of White … Read more

Russian Revolution: MPPCS Mains

BACKGROUND OF Russian Revolution By 1917, most Russians had lost faith in the Leadership ability of Czar Nicholas II. Government Corruption was rampant, the Russian economy remained backward, and Nicholas repeatedly dissolved the Duma, the Russian parliament established after the 1905 revolution, when it opposed his will. However, the immediate cause of the February Revolution–the … Read more

Open-Economy and Closed Economy

closed-economy: Here is a list of subtopics related to open-economy and closed-economy: Open economy Trade Comparative advantage Absolute advantage Terms of trade Capital flows InvestmentInvestment

Economic Botany

 Economic Botany The land and waters of the earth sustain a vast assemblage of Plants upon which all other living forms are directly or indirectly dependent. These autotrophs have the remarkable property of capturing the inexhaustible energy of the sun to synthesise organic compounds which are vital for the existence of all life … Read more

Rajasthan: Economics and Finance for ras(rts) exam of rpsc

Rajasthan Mineral Policy  2015 Rajasthan may put about 400 small size mining leases of Minerals like granite,marble and quartz under the hammer in 2015 as it looks to expand its area under mining as well as increase revenue. 9% of total mineral production in the country, is also exploring joint ventures (JV) with multi national companies (MNCs) to … Read more

Progressive taxation

Progressive Taxation: A Fairer System or a Barrier to Growth? Progressive taxation, a cornerstone of many modern economies, is a system where individuals and corporations pay a higher percentage of their income in taxes as their income rises. This principle, often touted as a means to achieve social equity and redistribute wealth, has been a … Read more

Revision of Notes for RAS Prelims and Mains Exam 2019

As the RAS Exam is very dynamic we try to revise regularly the Prelims and Mains notes based on the lattest RAS syllabus. We  request the students/followers/paid or unpaid students to help us to serve even better by identifying the topics/posts requires revision. Students may request the revision by copying the link of the post  … Read more

Definition of Investment

Here is a list of subtopics without any description for Definition of InvestmentInvestment: Investment is the commitment of MoneyMoney or capital to an endeavor with the expectation of generating an income or profit. Investment can be made in a variety of assets, including stocks, BondsBonds, real estate, and commodities. Investment can be made for a … Read more

Pigovian tax

The Pigovian Tax: A Tool for Balancing Externalities and Market Efficiency Introduction The invisible hand of the market, while often lauded for its efficiency in allocating resources, can sometimes fail to account for the full costs and benefits of economic activities. This failure arises from the presence of externalities, which are costs or benefits imposed … Read more