Notes and Study material for Exams
Gross Value Added: A Comprehensive Guide to Understanding Economic Performance Gross Value Added (GVA) is a crucial economic indicator that measures the value of goods and services produced within a specific geographical area, industry, or sector. It represents the contribution of each economic activity to the overall economy, providing a more nuanced understanding of economic … Read more
Horticulture, milk and Animal Husbandry, aquaculture, fishing, sericulture, aviculture, Forestry and related activities. Industry includes various manufacturing sub-sectors. India’s definition of services sector includes its construction, retail, Software, IT, communications, hospitality, Foreign Direct Investment (FDI) regime, improved infrastructure and led to an expansion in the production of fast-moving consumer goods. Post-liberalisation, the Indian private sector … Read more
Net Domestic Product (NDP): A Deeper Dive into Economic Health The Gross Domestic Product (GDP) is a widely used measure of a nation’s economic output. However, it doesn’t account for the depreciation of capital assets, which are essential for production. This is where the Net Domestic Product (NDP) comes in. NDP provides a more nuanced … Read more
The Gross National Product (GNP): A Comprehensive Look at a Key Economic Indicator The Gross National Product (GNP) is a fundamental economic indicator that measures the total market value of all final goods and services produced by a nation’s residents, regardless of their location, in a specific period. It encompasses both domestic and foreign production … Read more
Computer is an electronic device that is designed to work with Information. term computer is derived from the Latin term‘computare’, this means to calculateor programmable machine. Computer cannot do anything without a Program. It represents the decimal numbers through a string of binary digits. The Word ‘Computer’ usually refers to the Center Processor Unit plus Internal memory. Charles Babbageis called the “Grand Father” of the … Read more