Economy Booster

 Natural resources, their sustainable management and conservation A natural resource is something that is found in nature and can be used by people. Earth’s natural resources include light, air, water, plants, animals, soil, stone, minerals, and fossil fuels. People need some natural resources to stay alive. They use others to make their lives … Read more

 Food and Human Health : General Awareness of Balanced and Unbalanced Food Food has been a basic part of our existence. By knowing the food composition , the nutritional content of food is known. Intake of food ensures growth in children and youth, maintains good health throughout life, meets special needs of pregnancy … Read more

 MNREGA and community power structure Several rural development programmes were initiated in India during 1950s and 1960s. These programmes, popularly known as community development programmes, regarded rural people as beneficiaries but not participants in the development process. They were centrally designed and were implemented by extension agents using a top-down mode of decision-making. … 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

 Liability based on fault Fault liability requires some basis to determine whether someone was negligent, i.e. at fault for the harm he caused. Briefly, that would require:   Duty Breach of that duty Proximate cause Actual cause Damages For example, if you were in a car accident, the fact that you were speeding … Read more

 Insufficient Financial Resources and Deficiency Of Capital   The financial sector and its role in the process of economic development has attracted notable attention since the early 1990s. In particular, the crucial need for a stable banking system was highlighted in the wake of the Asian financial crisis … Read more

 Govt. employment policy Analysing and Improving Labour Market Data      Availability of detailed, reliable, and comprehensive information on the labour market is critical to meet the employment challenge through well-targeted policies and programmes. At present, the dearth of statistical data on the labour market in India poses serious constraints to employment planning and … Read more

 RAS MAINS REVISION: Part III Auditing and Accounting     Social Audit: It is a tool through which government department can plan, manage and measure non-financial activities and monitor both internal and external consequences of the department social and commercial operation. OR Social Audit is an independent evaluation of the performance of an … Read more

 Foreign exchange   Foreign exchange is the exchange of one currency for another or the conversion of one currency into another currency. Foreign exchange also refers to the global market where currencies are traded virtually around the clock. Foreign exchange transactions encompass everything from the conversion of currencies by a traveler at an … Read more

 After the rural job guarantee programme, the government is now focusing on an ambitious National Food Security Act aimed at drawing more people into the food security net. It has made a strong pitch for providing 35 kg of cereal at Rs 3 per kg every month to the poor of this country. … Read more