Notes and Study material for Exams
The Fiscal Deficit: A Balancing Act Between Growth and Sustainability The fiscal deficit, a measure of a government’s spending exceeding its revenue, is a complex economic concept with significant implications for a nation’s financial health and future prosperity. Understanding its dynamics, causes, and consequences is crucial for policymakers and citizens alike. This article delves into … Read more
Agenda 21: A Blueprint for Sustainable Development in the 21st Century Introduction Agenda 21, a comprehensive blueprint for sustainable development, emerged from the 1992 United Nations Conference on Environment and Development (UNCED) in Rio de Janeiro, also known as the Earth Summit. This landmark document, adopted by 178 nations, laid out a framework for achieving … Read more
Rise of Indian National Congress Predecessors of INC East India Association By Dadabhai Naoroji in 1866 in London To discuss the Indian question and to influence the British public men to discuss Indian welfare Branches of the association in prominent Indian cities Indian Association Surendranath Banerjee and Ananda Mohan Bose in 1876, Calcutta The … Read more
NATIONAL INCOME The study of National Income is important because of the following reasons: To see the Economic Development of the country. To assess the developmental objectives. To know the contribution of the various sectors to National Income. Internationally some countries are wealthy, some countries are not wealthy and some countries are in-between. Under such … 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
NATIONAL INCOME The study of National Income is important because of the following reasons: To see the Economic Development of the country. To assess the developmental objectives. To know the contribution of the various sectors to National Income. Internationally some countries are wealthy, some countries are not wealthy and some countries are in-between. Under such … Read more
Understanding the Government Deficit: A Deep Dive into Key Measurers The concept of a government deficit is often discussed in economic and political discourse, but its true meaning and implications can be elusive. This article delves into the intricacies of government deficits, exploring the various measures used to quantify them and their significance in understanding … Read more
State and non-State actors in creating challenges to Internal Security India was partitioned in the backdrop of large-scale communal riots, but the partition of the country on religious lines, without taking into consideration its multiple identities, instead of bringing the communal tensions down, in fact, worsened the situation. The two-nation theory created Pakistan, and it … Read more
The Indira Gandhi National Centre for the Arts: A Beacon of Cultural Heritage and Artistic Expression The Indira Gandhi National Centre for the Arts (IGNCA), established in 1985, stands as a testament to India’s rich cultural heritage and its commitment to fostering artistic excellence. Located in the heart of New Delhi, the IGNCA serves 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