Notes and Study material for Exams
Highlights of current year’s union budget and its analysis Highlights of the budget,2019 Income up to Rs 5 lakh exempted from Income tax Standard deduction raised to Rs 50,000 from Rs 40,000 Direct Tax proposals to provide Rs 23,000 cr relief to 3 crore taxpayers Persons with gross income up to Rs 6.50 lakh not … Read more
Issues of Direct and Indirect Subsidy for farm sector and other social sectors. Subsidy is one of the powerful fiscal instruments, besides taxes and others, by which the objective of Growth and social Justice may be achieved. Subsidies alter relative prices and budget constraints and thereby affect decisions concerning production, consumption and allocation … Read more
Various problems of developing countries are as follows:- The Uneven Pattern of Development:-The development gap has been widening for the very poorest countries. Lack of Resources for developement Inefficiency in resource use Inadequate Skilled human resources Stagnation in agricultural development Population Growth is one of the central problems of Economic Development. Some developing countries have … Read more
Role of Trade Unions Although trade unions look after the interests of their members, they also recognise the advantages of working in PARTNERSHIP with employers. This is because a successful, profitable business is good for workers and therefore good for the union and its members. f you recognise a trade union in your … Read more
The Balance of Payments Deficit: A Comprehensive Guide The balance of payments (BOP) is a record of all economic transactions between a country and the rest of the world over a specific period, typically a quarter or a year. It essentially tracks the flow of money into and out of a country. A balance of … Read more
–2/”>a >DOCTYPE html PUBLIC “-//W3C//DTD XHTML 1.0 Transitional//EN” “http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd”> Economic contribution External trade was carried on between South India and Hellenistic kingdom of Egypt and Arabia as well as the Malay Archipelago. The author of the Periplus of the Erythrean Sea (75 A.D.) gives the most valuable information about the trade between India and the … Read more
The Advent of Europeans in India: A Story of Trade, Conquest, and Cultural Exchange The arrival of Europeans in India marked a pivotal moment in the subcontinent’s history, ushering in centuries of profound change. From the initial voyages of exploration to the establishment of vast trading empires and ultimately, the rise and fall of colonial … Read more
Agro Food Processing: Forming village clusters and establishing Food Storage, Food Processing Industry is of enormous significance for India’s development because of the vital linkages and synergies that it promotes between the two pillars of the economy, namely Industry and agriculture. India is world’s second largest producer of food and has the potential … Read more
A Journey Through Time: Exploring the World of Ancient Metal Coins The clinking of coins, a familiar sound in our modern world, echoes through the ages. These seemingly simple pieces of metal, often taken for granted, hold within them a rich history, a testament to human ingenuity and the evolution of trade and commerce. Ancient … Read more