Notes and Study material for Exams
Kerala Human Development index The Human Development Index (HDI) could be a statistical tool accustomed measure a country’s overall action in its social and economic dimensions. The social and economic dimensions of a country are based on the Health of individuals, their level of Education attainment and their standard of living. The Human Development Index … Read more
Sikkim Human Development index The practice of human development calls for a three-pronged strategy: Expand opportunities in Sikkim In the human development framework, an equitable expansion of opportunities economic, social, political and cultural is regarded as being essential for ending human POVERTY. A focus on expanding opportunities for people can ensure that progress can combine Growth … Read more
West Bengal Human Development index India’s sixth largest economy is West Bengal which recorded a gross state domestic product (GSDP) of US$ 132.86 billion in 2014-15. Further, it’s the 2ndmost densely populated state within the country, and is home to one of the most important domestic consumer markets. West Bengal GSDP expanded at a compound … Read more
Tamil Nadu Human Development index Human development is a process of enlarging people’s choices. But human development is also the objective, so it is both a process and an outcome. Human development implies that people must influence the processes that shape their lives. In all this, economic Growth is an important means to human development, but … Read more
Definition of Globalization-3/”>Globalization :- Its a process(not an outcome) characterized by increasing global Interconnections by gradual removal of barriers to trade and Investment between nation and higher economic efficiency through competitiveness. Various economic, political, social and cultural effects of globalization are as follows:- [su_heading size=”21″]Economic:-[/su_heading] Breaking down of national economic barriers International spread of Trade, … Read more
Census of Goa Goa is known as a Goan in English, Goenkar in Konkani, goês or goesa in Portuguese and Govekar in Marathi. The Portuguese called the nearby Indian Christians “indiacatos” and the blended populace, mestiços. Goa has a populace of 1.459 million inhabitants, making it India’s fourth littlest (after Sikkim, Mizoram and Arunachal … Read more
The GDI measures gender gaps in Human Development achievements by accounting for disparities between Women and men in three basic dimensions of human development—Health, knowledge and living standards using the same component indicators as in the HDI. The GDI is the ratio of the HDIs calculated separately for females and males using the same methodology … 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
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
INFRASTRUCTURE of the country. DISADVANTAGES OF PRIVATIZATION Privatization in spite of the numerous benefits it provides to the state owned enterprises, there is the other side to it as well. Here are the prominent disadvantages of privatization: • Private sector focuses more on profit maximization and less on social objectives unlike public sector that initiates socially viable adjustments in case of … Read more