Notes and Study material for Exams
Emergence and Background Beginning of geographical discoveries and direct sea routes opened new avenues of Trade and Commerce. It formed the bedrock of Industrial revolution as mismatch between demand and supply led to new innovative ways of enhancing production. Second factor was emergence of capitalist ideology. Profit making became the core of all economic activities … Read more
Human resource development includes development at various levels, including community. Community development requires HRD efforts, such as training and organization development. Community development is an alternative route to educating and training citizens of a community. Community settings, especially in developing countries, require that HRD practitioners take into account many factors, such as cultural variables, … Read more
JOB CREATION As outlined in the NITI Aayog’s Action Agenda, India suffers more from the problem of underemployment (i.e. low-productivity, low-wage jobs) than Unemployment as for example: In 2011-12, agriculture engaged nearly 50% of the workforce but contributed 15% to GDP In 2010-11, within manufacturing, small firms employed 72% but output was … Read more
Sources of Income of Central Government As we all know that India is a democratic country and the main aim of the government here is to increase the welfare of the people not the profit of the government. To increase the welfare of the people the Government of India has to start welfare … Read more
The Impact of Inflation: A Comprehensive Analysis Inflation, the persistent increase in the general price level of goods and services in an economy, is a complex phenomenon with far-reaching consequences. While a moderate level of inflation is often considered healthy for economic growth, high inflation can erode purchasing power, distort investment decisions, and destabilize financial … Read more
Unveiling the Income Method: A Comprehensive Guide to Understanding and Applying This Powerful Tool The Income Method, a cornerstone of valuation analysis, provides a powerful framework for determining the intrinsic value of a business. This method, often employed by investors, analysts, and business owners alike, focuses on the future cash flows a business is expected … Read more