Economy Booster

 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 Non Banking Financial Institutions

 (GDP) and Employment Historically, India has classified and tracked its economy and GDP in three sectors: agriculture, industry and services. Agriculture includes crops, horticulture, milk and animal husbandry, aquaculture, fishing, sericulture, aviculture, forestry and related activities. Industry includes various manufacturing sub-sectors. India's definition of services sector includes its construction, retail, software, IT, communications, hospitality, … Read more Sectoral Composition With Respect To Contribution To Gross Domestic Product

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, and, therefore … Read more Issues related to Deprived Class Education

                 Infrastructure     1. The Government of India shall develop a new major port at Duggirajupatnam in the successor State of Andhra Pradesh to be completed in phases with Phase I by end-2018. 2. SAIL shall examine, within six months from the appointed day, the feasibility of establishing an integrated steel plant … Read more Infrastructure Development

 New Industrial Policy Under Industrial Policy, keeping in view the priorities of the country and its economic development, the roles of the public and private sectors are clearly decided. Under the New Industrial Policy, the industries have been freed to a large extent from the licenses and other controls. In order to encourage modernisation, … Read more Economic Reforms In India

 Facing Global Competition Globalisation means gradual integration of economies through free movement of goods, services and capital which has significant impact on the economies of both developed and developing countries. Globalisation refers to a process of growing economic interdependence among different countries of the world. Thus, in the globalised era, the whole world … Read more Facing Global Competition

 Rural Social system and Rural Development Rural social structure Human world is composed of individuals. Individuals interact with one another for the fulfillment of their needs. In this process, they occupy certain status and roles in social life with accompanying rights and obligations. Their social behaviour is patterned and gets associated with certain … Read more Rural Social System And Rural Development

 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 Calculation Of Interest On

 Energy crisis The energy crisis is the concern that the world’s demands on the limited natural resources that are used to power industrial society are diminishing as the demand rises. These natural resources are in limited supply. While they do occur naturally, it can take hundreds of thousands of years to replenish the … Read more Energy Crisis

 Planning mechanism and experience in Panchayathi raj institutions Ever since India got freedom in 1947, efforts have been made to strengthen the panchayati raj system to create, in the rural people a sense of participation in the nation-building programme.   Article 40 under Directive Principles of State Policy of the Constitution directs the … Read more Planning Mechanism And Experience In Panchayathi Raj Institutions