Notes and Study material for Exams
The Many Faces of Money: A Journey Through History, Economics, and Society Money, a seemingly simple concept, is a complex and multifaceted phenomenon that has shaped human civilization for millennia. From its humble beginnings as a medium of exchange to its role in global finance, money has evolved alongside human society, reflecting our changing needs, … Read more
Samagra Shiksha Scheme: Investing in India’s Future Through Holistic Education Introduction India, a nation with a burgeoning population and a vibrant democracy, faces the daunting task of providing quality education to its vast and diverse citizenry. Recognizing the critical role of education in national development, the Indian government has implemented numerous schemes and programs over … Read more
ZED Scheme: Transforming MSMEs into Manufacturing Champions The Indian manufacturing sector, the backbone of the nation’s economy, is undergoing a significant transformation. At the heart of this change lies a crucial initiative – the Zero Defect Zero Effect (ZED) Scheme. Launched by the Ministry of Micro, Small and Medium Enterprises (MSME) in 2015, the ZED … Read more
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
Varishtha Pension Bima Yojana (VPBY): Securing Your Golden Years The twilight years of life are often envisioned as a time for relaxation, travel, and spending quality time with loved ones. However, the reality can be quite different, especially when financial uncertainties loom large. For many senior citizens, securing a steady stream of income to meet … Read more
The Capital Account: A Vital Component of the Balance of Payments The global economy is a complex web of interconnected transactions, with goods, services, and capital flowing across borders. Understanding these flows is crucial for policymakers and businesses alike, and the balance of payments (BOP) provides a comprehensive framework for analyzing them. One key component … Read more
Manufacturing policy of India The Government of India has announced a National Manufacturing Policy with the objective of enhancing the share of manufacturing in GDP to 25% within a decade and creating 100 million jobs. The INFRASTRUCTURE; land use on the basis of zoning; clean and energy efficient technology; necessary social infrastructure; Skill development facilities … Read more
India, however, seems to be in a demographic sweet spot with its working-age Population projected to grow by a third over the same period.India’s demographic cycle is about 10-30 years behind that of the other countries, indicating that the next few decades present an opportunity for India to catch up to their per capita income … Read more
[su_heading]World Bank[/su_heading] The International Bank for Reconstruction and Development (IBRD), commonly referred to as the World Bank, is an international financial institution whose purposes include assisting the development of its member nation’s territories, promoting and supplementing private foreign Investment and promoting long-range balance Growth in international trade. The World Bank was established in December 1945 … 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