Notes and Study material for Exams
Export Promotion Government of India has liberalized the schemes for export oriented units and export processing Zones. agriculture, Fisheries and dairies have been included in the export oriented units. Export processing zones have been allowed to export through trading and star trading houses and can have equipment on lease. These units have been allowed cent … Read more
The Capital Account Deficit: A Deep Dive into the Dynamics of Global Finance The global economy operates on a complex web of interconnected financial flows. One crucial aspect of this intricate system is the capital account, which tracks the movement of financial assets between countries. When a country experiences a capital account deficit, it means … Read more
Fundamental Rights are the basic rights of the people and the charter of rights contained in Part III of Constitution of India. It guarantees civil liberties such that all Indians can lead their lives in peace and harmony as citizens of India. These include individual rights common to most liberal democracies, such as Equality … Read more
INFRASTRUCTURE by the Indian and foreign investors have generated great employment opportunities for the professionals, and skilled and unskilled workers. 5. Development of Infrastructure: Prior to the liberalisation, the infrastructure (roads and electricity) were in a bad shape affecting the industrial growth and Economic Development of the country adversely. Heavy investment in infrastructure has improved the … Read more
–2/”>a >DOCTYPE html PUBLIC “-//W3C//DTD XHTML 1.0 Transitional//EN” “http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd”> Fiscal role of ministry of finance The Ministry of Finance plays a very crucial role in development Planning in India. It supervise the financial institution and is responsible for the overall financial management of the country. The Ministry of Finance is responsible for the fiscal administration … Read more
AQUA CULTURE the cultivation of aquatic organisms. aquaculture, also known as aquafarming, implies the cultivation of aquatic populations under controlled conditions. Mariculture refers to aquaculture practiced in marine environments. Particular kinds of aquaculture include agriculture (the production of kelp, seaweed, and other algae), fish farming, shrimp farming, shellfish farming, and growing of cultured pearls. Growth … Read more
What is desalination? Desalination is the process of removing salt from seawater to make it drinkable. It is a vital process in many parts of the world where fresh water is scarce. Water Scarcity Context Types of Desalination Technologies Thermal Processes Membrane Processes Energy Requirements Brine Disposal and Environmental Impacts Costs and Economic Considerations Current … Read more
Balance of Payments is a systematic record of all economic transactions undertaken by residents of one country i.e. households, firms and the government with their counterparts in rest of the world. It consists of: 1. Current Account, 2. Capital Account and 3. Reserve Account. The Current Account covers transactions in goods and Services and transfers … Read more
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 of Resources. Like many other countries, subsidies in Indian economy are pervasive. These … Read more
Classification Based on Economic Importance The classification of economic activities is a complex and ever-changing process. The way in which economic activities are classified can have a significant impact on the way in which economic data is collected, analyzed, and reported. There are a number of different ways in which economic activities can be classified. … Read more