HPSC Prelims and Mains Notes, HPSC Test Series
Sience 1990 ie the liberalization of Indian economy saw the beginning of Taxation reforms in the nation. The taxation system in the nation has been subjected to consistent and comprehensive reform. Following factors arise the need for tax reforms in India:- Tax resources must be maximized for increased social sector investment in the economy. International competitiveness … Read more
WHO Defines Food security to exists when all people, at all times, have physical, social and economic access to sufficient, safe and nutritious food which meets their dietary needs and food preferences for an active and healthy life. Food security has three interlinked contents such as :- Availability of food, Access to food and absorption of food. Food … Read more
The Twelfth Finance Commission was appointed under the chairmanship of C. Rangarajan on November 1, 2002 to make recommendations regarding the distribution between the Union and the States of net proceeds of shareable taxes, the principles which should govern the grants- in-aid of the revenues of States from the Consolidated Fund of India and … Read more
The International Bank for Reconstruction and Development (IBRD), commonly referred to as the World Bank, is an international financial institution whose purposes include assisting the development of its member nation’s territories, promoting and supplementing private foreign investment and promoting long-range balance growth in international trade. The World Bank was established in December 1945 at the … Read more
In 1978, the World Bank, for the first time, constructed an analytical country classification system. The occasion was the launch of the World Development Report. Annexed to the report was a set of World Development Indicators (WDI), which provided the statistical underpinning for the analysis. The first economic classification in the 1978 WDI divided … Read more
Industrialization in Rajasthan has been a recent phenomenon, as prior to the independence the development of industries was restricted by the following factors:- Lack of Interest by the rulers Lack of technical know how Lack of transport facilities. RICCO has been established as an apex body for the development of industries in the … Read more
Economic Growth Economic growth means an increase in real GDP. This increase in real GDP means there is an increase in the value of national output / national expenditure. Economic growth is an important macro-economic objective because it enables increased living standards and helps create new jobs. Measurement of Economic Growth Economic growth is … Read more
Information Technology and IT enabled Services Software and services exports continued to remain on top of the IT industry’s revenue. The export-driven software sector saw major long-term projects come to Indian ICT leaders and Indian Companies bagging a larger and larger share of the global outsourced business. The state of Rajasthan offers huge investment … Read more
Rajasthan ranks fourth in the list of Public Private Partnership (PPP) projects in the country. As per a report released by the Assocham, there are seven major urban development projects worth over Rs 1,400 crore currently being undertaken in construction sector in PPP mode and several others in rural areas. The state government, with … Read more
The productive capacity of an economy is directly linked to the size of its working – age population relative to its total population, it is essential to distinguish between the two components when exploring the impact of demographic change on economic performance. Census 2011 data shows the overall percentage of children in 0-6 year’s … Read more