One Point Solution for JPSC Preparation
? India’s National Accounts It is emphasised that in view of the essentially de-centralized character of the Indian Statistical System, the continental size of the country with large diversities and federal character of polity, the Indian System of National Accounts to include regional accounts at the State level and below. The term National Accounts … Read more
Issues related to Girls Education The problem of women’s education in India is one which attracts our attention immediately. In our country, due to conservative traditionalism, women’s status has, through ages, been considered to be lower than that of men. During the later part of the Vedic period the Aryans had sealed the fate of … Read more
? Vocational Education: As a tool of HR development Human resource development, in short, means investment in human capital. Human capital means people can act as capital assets which yield a stream of economic benefits over their working life. An improvement in the mental capability, skill, and physical capacity of the people constitutes an … Read more
? Structural changes in the Indian Economy Change in composition of domestic product or change in national income by industry of origin refers to change in relative significance (share) of different sectors of the economy. Generally, an economy is divided into three major sectors viz. primary, secondary and tertiary sectors. Primary sector includes agricultural … Read more
? Indian Institute of Management The Indian Institutes of Management (IIMs) are a group of 20 public, autonomous institutes of management education and research in India. They primarily offer postgraduate, doctoral and executive education programmes. The establishment of IIMs was initiated by Jawaharlal Nehru, the first Prime Minister of India, based on the recommendation … Read more
National Law University National Law University, Delhi (NLUD) is a prestigious law university in India, offering courses at the undergraduate and postgraduate levels. It is situated in Sector-14, Dwarka, New Delhi, India. NLUD is one of the national law schools in India built on the five-year law degree model proposed and implemented by the Bar … Read more
Reviving a loss making PSU In the last seven decades, CPSUs have contributed significantly towards making India self- reliant in their respective fields. In addition to physical assets, these have developed significant competencies with regard to human resources, intellectual property, research etc. and have always served the national priorities, over narrow business interests. Following the … Read more
? Land reforms Land reform is a broad term. It refers to an institutional measure directed towards altering the existing pattern of ownership, tenancy and management of land. It entails “a redistribution of the rights of ownership and/or use of land away from large landowners and in favour of cultivators with very limited or … Read more
Issues related to Disabled People Education People with disabilities have had to battle against centuries of biased assumptions, harmful stereotypes, and irrational fears. The stigmatization of disability resulted in the social and economic marginalization of generations with disabilities, and thus has left people with disabilities in a severe state of impoverishment for centuries. With an … Read more
? Development Process various groups and associations,donors, charities, institutional and other stakeholders Voluntary sector in development Voluntary Organizations play a vital role in the shaping and implementation of participatory democracy. Their credibility lies in the responsible and constructive role they play in society. They have been contributing immensely for quite sometime towards various development … Read more
? Economic development since independence objectives and achievements of planning Objectives of Planning Economic Growth and Development Every five-year plan had a growth target that had to be achieved by the end of the planning period. In order to bring about an improvement in standard of living of the people, the per capita income … Read more
? Issues related to Deprived Class Education The concept of Deprived/ Marginalized Groups is generally used to analyse socioeconomic, political, and cultural spheres, where disadvantaged people struggle to gain access to resources and full participation in social life. In other words, marginalized people might be socially, economically, politically and legally ignored, excluded, or neglected, … Read more
? Development Experience and Development Planning of India Poverty, low per capita income, under-development, unemployment, prompted the newly established Indian polity to adopt economic planning for the development of the country. The idea of economic planning can be traced to 1934, when M. Visvesverayya in his book 'Planned Economy of India', advocated for planning to … Read more
BOLT and BOT schemes Infrastructure is the word used to collectively refer to the facilities like roads, railways, bridges, manufacturing plants etc. A good infrastructure is a prerequisite for economic growth. The infrastructure development was taken up on a large scale during the last decade. The Government envisaged the nation wide infrastructure development through the … Read more
? Patents and Intellectual Property Rights. (TRIPS & TRIMS) Intellectual Property Rights (IPR) are set of rights associated with creations of the human mind. An output of the human mind may be attributed with intellectual property rights. These are like any other property, and the law allows the owner to use the same to … Read more
Domestic capital in economic development Our economic growth has been facing headwinds which is primarily cyclical in nature. The policy makers, the regulators and the system are making an honest effort to restore it. Many fiscal and monitory policies have been announced and implemented sincerely. These measures, it is expected, will bring the desired outcome. … Read more
? During the first three decades after Independence, the Indian economy stagnated around a trend rate of growth of 3.5 per cent, popularly known as the Hindu rate of growth. The scenario changed during the 1980s. The acceleration of growth during the 1980s to 5.6 per cent put the economy on to a higher growth … Read more
? Education, education infrastructure and education policy of Maharashtra Maharashtra is one of the top destinations for Education in India. With numerous school, colleges and other educational institutions operating in the state, Maharashtra is flocked by students from all over the country for pursuing a career in their own chosen field. Pune is a … Read more
? Industries and industrial estates of Hyderabad Hyderabad is a historic beautiful City and is the Capital of Telangana. The city is called “Pearl City” and famous for its twinkling pearls and glass embedded bangles. The city was founded during Qutub Shahi dynasty and was called Bhagyanagar. The present Hyderabad district came into existence … Read more
? Non-banking financial institutions and their reforms in them since 1990s A Non Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 of India, engaged in the business of loans and advances, acquisition of shares, stock, bonds hire-purchase insurance business or chit business but does not include any institution whose … Read more
? Automobile Industries of India The Indian auto industry became the 4th largest in the world with sales increasing 9.5 per cent year-on-year to 4.02 million units (excluding two wheelers) in 2017. It was the 7th largest manufacturer of commercial vehicles in 2017. The Two Wheelers segment dominates the market in terms of volume owing … Read more
Public Private partnership for inclusive growth Public private partnerships have become increasingly popular in government policy. Especially in the domain of international cooperation and development aid, an increasing part of the budget is spent on public private partnerships. The expectation is that this will enhance the efficiency of public good provisioning, improve local representation and … Read more
? Gender Sensitization Gender sensitization presides over gender sensitivity, the modification of behavior by raising awareness of gender equality concerns. This can be achieved by conducting various sensitization campaigns, training centres, workshop, programs etc. Sensitization in the domain of Humanities and Social Sciences, is seen as an awareness informed propensity or disposition which aims … Read more
? Issues related to Role of women in Economic and Social Development in India India has experienced rapid growth and development in the past years in many spheres. Gender equity is not one of them. This is deplorable considering the important role played by women in the socio-economic growth of the country. The … Read more
? ADMINISTERED PRICES INCLUDING MSP AND PROCUREMENT PRICES Historical context The emergence of agricultural Price Policy in India was in the backdrop of food scarcity and price fluctuations provoked by drought, floods and international prices for exports and imports. This policy in general was directed towards ensuring reasonable food prices for consumers by providing … Read more
? Sugar Industry of India India is the world’s largest producer of sugarcane and second largest producer of sugar after Cuba. But India becomes the largest producer if gur and khandsari are also included. Historical background India has a long tradition of manufacturing sugar. References of sugar making by the Indians are found even … Read more
? Panchayati Raj Institutions (PRIs) are rural local governments entrusted with the responsibilities to prepare plan and implement schemes for economic development and social justice in rural India. A number of Centrally Sponsored Schemes (CSS) assign important role to PRIs. In addition, PRIs are also involved in implementation and monitoring of several State Schemes. For … Read more
National Investment & Manufacturing Zones (NIMZs) National Investment & Manufacturing Zones (NIMZs) are one of the important instruments of National Manufacturing Policy, 2011. NIMZs are envisaged as large areas of developed land with the requisite ecosystem for promoting world class manufacturing activity. So far, three NIMZs namely Prakasam (Andhra Pradesh), Sangareddy (Telangana) and Kalinganagar (Odisha) … Read more
? Growth, Development & Planning with special reference to Rajasthan Historically, Rajasthan has been placed fairly low in terms of human development. In terms of human development index, it stood 28th among 32 states and union territories in 1981, with only Madhya Pradesh, Uttar Pradesh and Bihar among the larger states behind; the rank … Read more
? Co-operative movement in India and M.P The cooperative movement in India has its origin in agriculture and allied sectors. The first Cooperative Credit Societies Act was enacted in 1904.Subsequently a more comprehensive legislation called the Cooperative Societies Act was enacted. This Act provided for the creation of the post of registrar of cooperative societies … Read more
? International Credit Ratings A credit rating is an evaluation of the credit risk of a prospective debtor (an individual, a business, company or a government), predicting their ability to pay back the debt, and an implicit forecast of the likelihood of the debtor defaulting. The credit rating represents an evaluation of a credit … Read more
? Non-banking financial institutions and their reforms in them since 1990s A Non Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 of India, engaged in the business of loans and advances, acquisition of shares, stock, bonds hire-purchase insurance business or chit business but does not include any institution whose principal … Read more
? Smart Cities The Government of India has launched the Smart Cities Mission on 25 June 2015. The objective is to promote sustainable and inclusive cities that provide core infrastructure and give a decent quality of life to its citizens, a clean and sustainable environment and application of ‘Smart’ Solutions. The … Read more
? calculation of interest on/in savings account, fixed deposit account and recurring deposit account Saving account Interest rate calculation Formula Daily interest = Amount (Daily balance) * Interest (3.5/100) / days in the year. Earlier method of interest rate calculation Earlier, banks would pay interest at the rate of 3.5% p.a. on the … Read more
? OBJECTIVES OF SOCIAL LEGISLATION : Social legislation derives its inspiration from our constitution and has the following specific objectives: i)Removal of discrimination on the grounds of sex, religion, caste, class etc. and promotion of equality to all. ii)Safeguard the rights of the weaker section such as women, children, elderly, widows, destitute and the … Read more
? Iron and Steel Industry: Pig Iron Pig iron is the intermediate product of smelting of iron ore with a high-carbon fuel such as coke and charcoal and is the basic raw material in Foundry and Casting Industry for the manufacture of various types of castings required for … Read more
? Advance Infrastructure in Rural Areas Good quality infrastructure is critical to sustainable growth, especially for rural areas. As over 60 per cent of the population lives in rural areas, with low levels of per capital income, there is need to impart greater attention in improving rural infrastructure. Currently the rural infrastructure is inadequate … Read more
? Physical Quality of Life Index (PQLI) Physical Quality of Life Index (P.Q.L.I) was developed by famous economist Morris David in 1979 for 23 developed and developing countries. Morris David used the following three indicators to prepare a composite index known as Physical Quality of Life Index: Life Expectant Rate (L.E.I) Infant Mortality Rate … Read more
? Good news is underway for India as its economy is poised to win back its tag of the fastest growing economy in the world. The recent upgrade of India’s rating by the US based credit rating agency Moody’s (Baa2 from Baa3) in recognition of the reforms agenda pursued by the Government is a major … 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
? is the exchange of one currency for another or the conversion of one currency into another currency. also refers to the global market where currencies are traded virtually around the clock. transactions encompass everything from the conversion of currencies by a traveler at an airport kiosk to billion-dollar payments made by corporations, financial … Read more
? Role of Various Institutions (Central, State and Other Organizations) in Promotion of Education Education is one of the important tasks undertaken by the present modem Governments. In 1921, the department of education came under the control of Indian Minister. Between 1921-1940, there was rapid expansion of educational institutions and enrolment of students. … Read more
? planning and capacity building in Panchayati raj system Panchayati Raj Institutions (PRIs) are rural local governments entrusted with the responsibilities to prepare plan and implement schemes for economic development and social justice in rural India. A number of Centrally Sponsored Schemes (CSS) assign important role to PRIs. In addition, PRIs are also involved … Read more
? Repo and reverse repo transactions The repurchase agreement (repo or RP) and the reverse repo agreement (RRP) are key tools used by many large financial institutions, banks, and some businesses. These short-term agreements provide temporary lending opportunities that help to fund ongoing operations. The Federal Reserve also uses the repo and reverse repo … Read more
? GS1;PART III;PART C Technique of Analysis of financial statement Financial statement: They are written records that convey the financial activities and condition of business or entity . It has four major components i.e. Income statement Balance sheets Statement of retained earnings Cash flows Financial statement analysis: It is a systematic … Read more
Poverty alleviation schemes of India Public distribution system The Public Distribution System (PDS) evolved as a system of management of scarcity through distribution of food grains at affordable prices. Over the years, PDS has become an important part of Government’s policy for management of food economy in the country. PDS is supplemental in nature and … Read more
? Tax Laws: Laws relating to income, Profits, Wealth Tax, Corporate Tax The Income-tax Act, 1961 The Income Tax Act, focusing on the rules and regulations of tax regulation, was initially put into existence in the year 1961. Under this act, everything related to taxation and more are mentioned which also includes collection and … Read more
? Cottage and Village industries in India problems and prospects Cottage Industry is a form of small scale industry where the productivity of the good£ takes place in the houses of the workers, and the workforce include the members of the family. The equipment’s used to generate products are not the hi-tech ones but … Read more
? Introduction Urban areas have been recognized as “engines of inclusive economic growth”. Of the 121 crore Indians, 83.3 crore live in rural areas while 37.7 crore stay in urban areas, i.e approx 32 % of the population. The census of India, 2011 defines urban settlement as :- All the places which have municipality, corporation, … Read more
? Problems of Agricultural Labour Agricultural labourers who are mostly landless and form a significant section of rural society mainly depend on wage employment in agriculture. Majority of them belong to scheduled castes and scheduled tribes and among the worst exploited section of society. Unlike the industrial worker who are well organised agricultural labourers … Read more