Notes and Study material for Exams
Chapter 1: Wealth Creation: The Invisible Hand Supported by the Hand of Trust Importance of Wealth creation: It lead to efficient and more utilisation of raw material. It lead to increase in the Aggregate Demand in the economy. Increase in the Direct Tax flows Increase in the salaries of employees working in an ecosystem … Read more
Social Institutions: Family, Marriage, Kinship, Religion and Social stratification in India Society is the combination of individuals. These individuals have their various needs which they want to be satisfied. For this purpose people behave in a customary way which is controlled by norms. This participation of people for the attainment of their various … Read more
Occupational diversification and social structure Liberalization and society The policy of liberalisation that India has been following since the late 1980s have had a very significant impact on agriculture and rural society. The policy entails participation in the World Trade Organisation (WTO), which aims to bring about a more free international trading system … Read more
Planning Commission and national development council Planning commission The Planning Commission was an institution in the Government of India, which formulated India’s Five-Year Plans, among other functions. Background Rudimentary economic planning, deriving from the sovereign authority of the state, was first initiated in India in 1938 by Congress President and Indian National Army … Read more
International and Regional Organisations International Organizations An international organization is an organization with an international membership, scope, or presence. There are two main types: International nongovernmental organizations (INGOs): non-governmental organizations (NGOs) that operate internationally. These include international non-profit organizations and worldwide companies such as the World Organization of the Scout Movement, International Committee of the Red Cross. Intergovernmental organizations, also known as international governmental … Read more
Migration and Metropolitan Region Migration Migration has been defined as crossing of the boundary of a political or administrative unit for a certain minimum period of time. It includes the movements of refugees, displaced persons, uprooted people as well as economic migrants. Internal migration refers to a move from one area (a province, … Read more
Demographic dividend and transition Demographic dividend The term “demographic dividend” (DD) refers to the accelerated economic Growth that a country can achieve when it has a low dependency ratio or, in other words, when the proportion of its Population that is of working age is greater than the proportion of its population that … Read more
youth unrest and commercialization of Education There are four reasons why every nation regards the advancement of its youth as its primary duty. The first is that the youth possess vigour and inventiveness. It is in their strength and in their inventive genius that the hopes of a bright future are centered. The … Read more
INFRASTRUCTURE: The Indian agriculture sector lacks adequate infrastructure, such as roads, irrigation facilities, and storage facilities. This makes it difficult for farmers to transport their products to markets and store them for long periods of time. Natural disasters: India is prone to natural disasters, such as floods, droughts, and