Notes and Study material for Exams
Contract Farming Contract farming is an agreement between a farmer and a buyer, whereby the farmer agrees to grow a certain crop or LivestockLivestock product for the buyer, who agrees to purchase the produce at a pre-agreed price. This type of arrangement can benefit both parties, as it can provide farmers with a guaranteed market … Read more
Commercialization of agriculture Commercialization of agriculture means production of agricultural crops for sale in the market, rather than for family consumption. For marketization of agricultural products thus ‘surplus’ of production over consumption is required. But agriculture at that time was merely of the subsistence type. It had not been a consequence of conscious response … Read more
The Chalcolithic Period, also known as the Stone Copper Age, represents a transitional phase in human prehistory characterized by the continued use of stone tools alongside the emergence of copper metallurgy. Spanning from around 3000 BCE to 500 BCE, this epoch witnessed significant advancements in technology, economy, and social organization, laying the groundwork for the … Read more
Here is a list of subtopics without any description for Sustainable Development: Agriculture Biodiversity Climate change Consumption Disaster risk reduction Energy Finance Gender equality Governance Health Human settlements Industry Innovation Institutions Intergovernmental negotiations Knowledge Land degradation Marine resources Millennium Development Goals Poverty Population Private sector Public health Science, technology and innovation Sustainable cities and communities … Read more
Understanding the Components of the Capital Account: A Comprehensive Guide The capital account, a crucial component of a nation’s balance of payments, reflects the flow of funds related to investments and changes in ownership of assets. It captures the transactions that alter a country’s net worth, encompassing both financial and non-financial assets. This article delves … Read more
Devaluation: A Double-Edged Sword in the Global Economy Devaluation, the deliberate lowering of a currency’s value against other currencies, is a powerful tool in the economic arsenal of nations. It can be a strategic maneuver to boost exports, stimulate economic growth, and address balance of payments issues. However, devaluation is not without its drawbacks, potentially … Read more
Contemporary Legal issues: Right To Information India always took pride in being the largest Democracy, but with the passing of the Right to information act in 2005, it has also become an accountable, interactive and participatory democracy. This right has catapulted the Indian citizen on a pedestal from where he can take stock of administrative … Read more
The Balance of Trade: A Vital Indicator of Economic Health The balance of trade, a fundamental concept in international economics, refers to the difference between a country’s exports and imports of goods and services over a specific period. It provides a crucial snapshot of a nation’s economic performance and its position in the global marketplace. … Read more