BPSC Prelims and Mains Notes, BPSC Test Series
Introduction Indian national movement: One of the biggest. Inspired many others. Gandhian Political Strategy very important. Elements of Gandhian Strategy can be seen in the Solidarity Movement in Poland by Lech Walesa WHY IS THE INDIAN NATIONAL MOVEMENT UNIQUE In the Indian national movement, the Gramscian perspective of war of position was successfully practiced. … Read more
The global macroeconomic landscape is currently chartering a rough and uncertain terrain characterized by weak growth of world output. The situation has been exacerbated by; (i) declining prices of a number of commodities, with reduction in crude oil prices being the most visible of them, (ii) turbulent fnancial markets (more so equity markets), and … Read more
Organizations & Their Survey/Reports 1. World Economic & Social Survey U. N 2. World Investment Report UNCTAD 3. Global Competitiveness Report World Economic Forum 4. World Economic Outlook IMF 5. Business Competitive Index World Economic Forum 6. Green Index World Bank 7. Business Confidence Index NCAER 8. Poverty Ratio Planning Commission 9. Economic Survey Ministry … Read more
Subsidies- Cash Transfer of Subsidy Issue. A subsidy is a benefit given by the government to groups or individuals usually in the form of a cash payment or tax reduction. The subsidy is usually given to remove some type of burden and is often considered to be in the interest of the public. Direct Cash … Read more
Current Status It is the largest and fastest growing sector globally contributing to the global output and employing more people than any other sector Why has services sector grown? Increase in urbanisation, privatisation and more demand for intermediate and final consumer services Availability of quality services is vital for the well being of the economy … Read more
Mainstay of Indian Economy Since independence, undergone a change from being the sector contributing the highest share to the GDP to one contributing the lowest share. Agriculture is a state subject. GDP contribution (Agriculture and allied sector) 5 pc in 1950-51 7 pc in 2008-09 and 14.6 pc in 2009-10. It was 19 pc in … Read more
Commissions/Committees & Their Purpose Arjun Sen Gupta Public Sector Enterprise Autonomy Committee Rangarajan Committee Disinvestment of PSUs & Balance of Payments. Malhotra Committee Insurance Sector & its regulation. Follow up led to setting up of IRDA. Madhukar Committee Gold exchange traded fund implementation. L.C. Gupta Committee … Read more
Role of Foreign Capital and Multinational companies in Industrial development of India The development of any society or country without economic development is a myth. Economic development brings prosperity which in turns is directly proportional to the amount of goods and services produced quantitatively or in broad sense we can say in money … Read more
INDUSTRIAL SCENARIO IN BIHAR Located in India’s eastern part, Bihar, the third largest state in the country in terms of population and 12thlargest in area, is surrounded by Nepal in the north, West Bengal in the east, Uttar Pradesh in the west and Jharkhand in the south. The state enjoys a great geographical advantage by … Read more
Monetary Policies Monetary policy is the process by which the monetary authority of a country controls the supply of money, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency. Objectives of Monetary Policies are:- Accelerated growth of the economy Balancing saving and investments Exchange rate stabilization Price … Read more