Notes and Study material for Exams
WTO agreement on agriculture The Agreement on Agriculture is one of the key agreements within the WTO system. Its importance is reflected by its presence as the first Agreement annexed to the Marrakesh Agreement establishing the WTO. Market access Market access simply means the right which exporters have to access a foreign market. The WTO … Read more
Understanding NDP at Factor Cost (NDPFC): A Comprehensive Guide The concept of Net Domestic Product at Factor Cost (NDPFC) is a crucial metric in macroeconomics, providing a comprehensive measure of a nation’s economic output. It represents the total value of goods and services produced within a country’s borders during a specific period, adjusted for depreciation … Read more
Agricultural problems in Karnataka Draught and farmers suicide Karnataka’s farmers have been facing several issues ranging from improper technology to agricultural loan debts. Karnataka is a vast state with varied topography, while there are agriculturally prosperous regions, some regions are severely affected by the frequent droughts. The Karnataka government even after introducing and implementing certain … 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
Muhammad Ghori returned to Ghori, leaving his Indian territories in the charge of his trusted general Qutub-ud –din Aibak. After Ghori’s death in 1206, Qutub-ud-din Aibak proclaimed himself as the ruler of the Turkish territories in India. He took the title of Sultan and made Delhi his capital. This marked the beginning of The Delhi … Read more
Unveiling the Economic Engine: A Deep Dive into GVA at Market Prices Gross Value Added (GVA) at market prices is a fundamental metric in economics, providing a comprehensive picture of an economy’s output and its contribution to national income. It measures the value of goods and services produced by an industry or sector, taking into … Read more
MSMEs not only play crucial role in providing large EMPLOYMENT opportunities at comparatively lower capital cost than large industries but also help in industrialization of rural & backward areas, thereby, reducing regional imbalances, assuring more equitable distribution of NATIONAL INCOME and wealth. MSMEs are complementary to large industries as ancillary units and this sector contributes … Read more
The Tapestry of Economic Systems: A Comprehensive Guide The way a society organizes its economic activities is a fundamental aspect of its social structure. Economic systems, the frameworks that govern resource allocation, production, and distribution, are diverse and constantly evolving. Understanding these systems is crucial for comprehending global economic trends, navigating international trade, and formulating … Read more
Market Capitalization: A Key Metric for Understanding Company Value Market capitalization, often referred to as “market cap,” is a fundamental metric in the financial world. It represents the total value of a publicly traded company in the market. Understanding market cap is crucial for investors, analysts, and anyone interested in assessing the size and potential … Read more
Unlocking Infrastructure Growth: A Deep Dive into InVITs Infrastructure is the backbone of any thriving economy, facilitating trade, transportation, and access to essential services. However, developing and maintaining robust infrastructure requires significant capital investment, often exceeding the capacity of traditional financing methods. This is where Infrastructure Investment Trusts (InVITs) emerge as a powerful tool, offering … Read more