Notes and Study material for Exams
economy of Odisha Odisha’s Economic indicators Economic Growth: In 2014-15 and 2015-16, the economy of Odisha grew at 6.2%. This is higher than the growth of 3.5% in 2012-13. Service sector saw a steady improvement in annual growth, from 4.6% in 2012-13 to 9.8% in 2015-16. On the other hand, agriculture saw a volatile growth … 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
Per capita income The per capita income of Telangana was considerably lower than that of combined Andhra Pradesh State during 1960-1968. Even then, diversion of 4.9 per cent of its annual revenues ensured that the tragedy continued till the mid-seventies. Worst was to follow thereafter. Due to the absence of rural peace, the net sown … Read more
Economic Profile Uttarakhand is one of the fastest growing states of the India. The State’s economy grew at an annual Growth rate of over 10 percent during the last decade. In terms of economic growth, the state’s performance has been above the national Average from 2002-03 to 2010-11. The high growth led to rapid … Read more
Important Formulas – Percentage Percentage Percent means for every 100 So, when percent is calculated for any value, it means that we calculate the value for every 100 of the reference value. percent is denoted by the symbol %. For example, x percent is denoted by x% x%=x/100 Example : … Read more
Question:Machineries in an Industry are an example of >>>WORKING CAPITAL >>>Fixed Capital >>>Financial Capital >>>Production Capital >>>option2 Question:Finished goods in an industry are an example of >>>Working Capital >>>Fixed Capital >>>Financial Capital >>>Production Capital >>>option1 Question:Money invested by a venture capitalist in an industry is an example of >>>Working Capital >>>Fixed Capital >>>Financial Capital >>>Production … Read more
Human Development is a process of enlarging people’s choices. The most critical ones are to lead a long and healthy life, to be educated and to enjoy a decent standard of living. Additional choices include political freedom, guaranteed Human Rights and self-respect.Human development has to be development of the people, by the people, for the … Read more