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Indian Economy: A Comprehensive Overview

India, the world's largest democracy and second-most populous nation, boasts a dynamic and rapidly evolving economy. Over the decades, it has transformed from a...

Nationalist Movements in India

The Second World War came to an end in Europe in May 1945. In India, Lord Wavell had already succeeded Lord Linlithgow as the...

Climate of India

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World Trade Organisation

World Trade Organisation is a permanent organisation which has been established on the basis of an international treaty approved by participating countries. It achieved...

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Movements of Earth

There are three basic movements of the Earth has three basic movements: (i) Galactic movement, (ii) Rotation, and (iii) Revolution. Galactic Movement This is the movement...

Major Ports in India

Major ports in India have been classified into three categories by the Waterways Authority of India: major, minor and intermediate ports. Being one of the...

Rio+20 Conference

Rio+20 Conference The UN Conference on Sustainable Development, also known as Rio 2012 or Rio+20, was held during June 20-22, 2012 in Rio de Janeiro,...

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How Banks Work?

A bank is a business that accepts and holds money for people. Banks pay interest in return for holding money. Banks make money by...

How Coins are Made?

Coins are made from metals. In the past, coins are money which were sometimes made from valuable metals such as gold and silver. Today, most...

The Civil Aviation Policy (CAP) 2015

With an intention to resurrect and reform the aviation sector to make them fit for meeting the challenges and in using the opportunities in...

History of Banking in India

Bank of Hindustan (1770) was the first bank to be established in India (Alexander and Co.) at Calcutta under European management. Other banks set-up...

Voluntary Service Overseas (VSO)

Voluntary Service Overseas (VSO)is an international development charity with a vision for a 'world without poverty' and a mission to 'bring people together to fight poverty'. Voluntary...

Nuclear Power in India

Nuclear power is the fourth-largest source of electricity in India after thermal, hydroelectric and renewable sources of electricity. India's first research nuclear reactor and its...

Basel II and Basel III Framework

Also read Basel Committee (before reading this) Basel II The Basel II Framework describes a more comprehensive measure and minimum standard for capital adequacy for national supervisory...

Repurchase Agreements (Repo)

Repo Repurchase Agreements (Repo) is a money market instrument, which enables co-lateralised short term borrowing and lending through sale/purchase operations in debt instruments. Under a repo...

Recommendations of Narasimham Committee on Banking Sector Reform – 1998

Recommendations of Narasimham Committee on Banking Sector Reform – 1998 For Banking System Pending the emergence of markets in India where market risk can be...

Mahatma Gandhi National Rural Employment Gurantee Act (MGNREGA)

The objective of MGNREGA is to provide enhanced livelihood security to the households in rural areas by providing at least 100 days of guaranteed...

Rural Development in India

Poverty reduction has been one of the major goals of development planning since independence and the planning process has been sensitive to the needs of...

Economics: The Basics

Economics When wants exceed the resources available to satisfy them, there is scarcity. Faced with scarcity, people must make choices. Economics is the study of...