Average

 Average   What is Average? The result obtained by adding several quantities together and then dividing this total by the number of quantities is called Average. The main term of average is equal distribution of a value among all which may distribute persons or things. We obtain the average of a number using formula that … Read more

Law and Rule related Administration

Law And Rule related Administration   Administrative Law Administrative law is the body of law created by the agencies and departments of the government, which carry out the laws passed by Center or a State Legislature. When Center passes a law on a complicated issue, Center  often needs help determining all of the details of … Read more

Functions of money

The Many Faces of Money: Exploring the Functions of Money Money, in its various forms, has been a cornerstone of human civilization for millennia. From the bartering of goods in ancient Mesopotamia to the digital transactions of today, money has evolved alongside our societies, facilitating trade, fostering economic growth, and shaping our lives in profound … Read more

Quick Revision: Audit and accounting

Audit and accounting: Auditing is defined as the systematic and independent assessment and examination of data, statement, records, operations and performance, financial or otherwise of an enterprise.   Objectives of Auditing: PRIMARY OBJECTIVE Examining the system of Internal check Checking arithmetical accuracy of books of accounts Verifying the authenticity and validity of transactions. Checking the … Read more

Economic Growth vs Economic Development

The Paradox of Progress: Economic Growth vs. Economic Development The pursuit of economic prosperity has been a central theme in human history. Nations strive for growth, aiming to increase their wealth and improve living standards. However, the concept of “economic progress” is often conflated with the term “economic development,” leading to a misunderstanding of the … Read more

Chemical kinetics

Chemical kinetics Chemical kinetics is that branch of chemistry which deals with the study of the speeds or the rates of chemical reactions, the factors affecting the rates of the reactions and the mechanism by which the reactions proceed. It concerns itself with the measurement of rates of reactions proceeding under the given conditions of … Read more

electro chemistry

Electrochemistry Electrochemistry is the study of production of electricity from energy released during spontaneous reactions and the use of electrical energy to bring about non-spontaneous chemical transformations. Electrochemistry is the study of chemical processes that cause electrons to move. This movement of electrons is called electricity, which can be generated by movements of electrons from … Read more

Contribution of Service Sector in Madhya Pradesh

Contribution of Service Sector in Madhya Pradesh     IT/ITES The State Government has allotted 212.63 acres of land at Badwai to set up a IT Special Economic Zone on a PPP basis. The government is also in the process of developing IT Parks at Jabalpur and Gwalior and has allotted 36.43 hactere and 12 … Read more

International And Regional

 International and Regional Organisations   International Organizations   An international organization is an organization with an international membership, scope, or presence. There are two main types: International nongovernmental organizations (INGOs): non-governmental organizations (NGOs) that operate internationally. These include international non-profit organizations and worldwide companies such as the World Organization of the Scout Movement, International Committee of the Red Cross. Intergovernmental organizations, also known as international governmental … Read more

GDP and Welfare

The Intertwined Tapestry: GDP, Welfare, and the Quest for a Holistic Measure of Progress The pursuit of economic prosperity has long been a central goal for nations worldwide. Gross Domestic Product (GDP), a widely used metric, has served as the primary indicator of this prosperity, measuring the total value of goods and services produced within … Read more