Economy Booster

 Control over Public Expenditure In a parliamentary democracy, the political executive is responsible to the Parliament. The control exercised by the Parliament over the executive is its control on financial expenditure. Parliamentary Control The Parliament is the custodian of public money, and what better way to keep an eye on the authorities spending … Read more

 Sectoral trends in National Income of India In 1950-51, the share of the primary sec­tor in GDP was as high as 55.8%, while that of the secondary sector was only 15.2%. There has been a steady decline in the share of primary sector since then. It fell to 26% in 2000-01. On the … Read more

 Role of trade unions Although trade unions look after the interests of their members, they also recognise the advantages of working in partnership with employers. This is because a successful, profitable business is good for workers and therefore good for the union and its members. f you recognise a trade union in your … Read more

 problems issues and efforts to overcome vocational education in india The present TVET system in India is facing some serious problems including outdated courses and curricula, low funding and multiple levels of policy planning and governing. Some of the major problems of the Indian TVET system are listed below: Multiplicity of regulations, certifications … Read more

 SERVICES SECTOR Introduction The services sector continued to be the key driver of India’s economic growth contributing almost 72.5% of gross value added growth in 2017-18 while providing employment to around 30% of population (ILO estimates, 2016). The government has initiated many reforms to boost the sector which is expected to grow at … Read more

 Planning and Foreign Trade Foreign Trade is the important factor in economic development in any nation. Foreign trade in India comprises of all imports and exports to and from India. The Ministry of Commerce and Industry at the level of Central Government has responsibility to manage such operations. The domestic production reveals on … Read more

     Welfare of Disabled, Aged and Others: Enactments, Policies, Institutions and Schemes   Vulnerable groups are those groups of society which would be susceptible under any unfavourable situations such as where the adults are not capable to provide a satisfactory living for the household due to health issues like disability, illness, age … Read more

 QUICK REVISION SERIES RAS MAINS   UNIT III :Part B- Management   Modern Concept of Marketing: Modern concept of marketing concentrates majorly on consumer satisfaction. According to this concept, marketing starts from discovery of consumer needs and wants and ends with the satisfaction of those needs and wants.   Draw flow chart like … 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

Manufacturing policy of India The Government of India has announced a National Manufacturing Policy with the objective of enhancing the share of manufacturing in GDP to 25% within a decade and creating 100 million jobs. The National Investment & Manufacturing Zones (NIMZs) are an important instrumentality of the manufacturing policy. The NIMZs are envisaged as … Read more