Notes and Study material for Exams
Organizational integration in energy Many organizations use a siloed approach toward Energy Management. One department manages contracts. Another may work toward reducing usage, while another is tasked with accomplishing sustainability goals. There is no cohesive strategy for buying, managing and monitoring energy. That’s what integrated energy management is all about—having a unified view of your … Read more
Operation Greens: Stabilizing Prices for Farmers and Consumers Introduction The agricultural sector in India plays a pivotal role in the country’s economy, providing livelihoods to a significant portion of the population. However, the sector faces numerous challenges, including price volatility, inadequate infrastructure, and lack of access to markets. These challenges often result in distress for … Read more
[su_heading size=”21″]Types of Industries[/su_heading] Based on the value addition and tangibility broadly we can have three types of industries – primary industries,secondary industries and tertiary industries. Primary industries are usually very simple industries involving processing of raw materials to give input goods for secondary industries. Here value addition is usually minimal and they are … Read more
Pipes and Cistern Inlet: A pipe connected with a tank or a cistern or a reservoir, that fills it, is known as an inlet. Outlet: A pipe connected with a tank or cistern or reservoir, emptying it, is known as an outlet. If a pipe can fill a tank in x hours, … Read more
INTRODUCTION Among several features of Globalization-3/”>Globalization, one relates to increasing interactions among nations and removal of barriers to facilitate movement of goods, capital, labour and technology. It is a process that renders various activities and aspiration worldwide in scope or application. As a part of this process of increasing integration of the world, many countries … Read more
Current Status It is the largest and fastest growing sector globally contributing to the global output and employing more people than any other sector Why has services sector grown? Increase in Urbanisation, privatisation and more demand for intermediate and final consumer services Availability of quality services is vital for the well being of the economy … Read more
The Dance of Supply and Demand: Understanding Market Price Dynamics The market price of a good or service is a fundamental concept in economics, reflecting the dynamic interplay between supply and demand. It acts as a signal, guiding producers and consumers in their decision-making processes, ultimately determining the allocation of resources within an economy. This … Read more
The Vital Dance: Procurement and Distribution in the Modern Supply Chain The modern business landscape is a complex tapestry woven with threads of global sourcing, intricate logistics, and ever-evolving consumer demands. At the heart of this intricate system lies a dynamic duo: procurement and distribution. These two functions, often perceived as separate entities, are in … Read more
Bottleneck Inflation: A Deep Dive into Supply Chain Constraints and Price Hikes The global economy has been grappling with a surge in inflation since the onset of the COVID-19 pandemic. While various factors contribute to this phenomenon, one particularly impactful driver is bottleneck inflation. This article delves into the intricacies of bottleneck inflation, exploring its … Read more
The Dance of Demand and Supply: Understanding the Dynamics of Money Money, the lifeblood of any modern economy, plays a pivotal role in facilitating transactions, storing value, and enabling economic growth. Its availability and accessibility are crucial for individuals, businesses, and the overall health of the economy. However, the intricate interplay between the demand for … Read more