CGPCS Prelims and Mains Notes, CGPCS Test Series
Concept of organic farming, seed certification Organic farming is an alternative agricultural system which originated early in the 20th century in reaction to rapidly changing farming practices. Organic farming continues to be developed by various organic agriculture organizations today. It relies on fertilizers of organic origin such as compost manure, green manure, and bone meal … Read more DMPQ: What is Organic farming
Poverty, low per capita income, under-development, unemployment, prompted the newly established Indian polity to adopt economic planning for the development of the country. The idea of economic planning can be traced to 1934, when M. Visvesverayya in his book ‘Planned Economy of India’, advocated for planning to increase the national income. It was taken up … Read more DMPQ: Analyze why Indian economy is considered as planned developing economy.
Science and Technology hold the key to the progress and development of any nation. Technology plays a Fundamental role in wealth creation, improvement of the quality of life and real economic growth and transformation in any society. The role of Science and Technology in our daily life is altering the way people live, behave, … Read more DMPQ: Discuss applications of science and technology in social and economic development.
The act was passed to correct the defects of the regulating act. This act resulted in dual control of British possessions in India by the British government and the Company with the final authority resting with the government. This act remain in operation till 1858. Provisions of the act: Board of control for political … Read more DMPQ: Why pitt’s act was passed by the British Parliament? Give an account of its provisions.
Advisories are being issued, to state govt. to take strict action against hoarding and black marketing and effectively enforcing the essential commodities act,1980 for commodities in short supply. Regular review meeting on price and availability situation, inter ministerial committee, price stabilisation fund management committee. Higher MSP so as to incentivise production and thereby enhance … Read more DMPQ: What are the efforts taken by Central government to control inflation? (economics)
A) Patents: This refers to innovations – new or improved product and processes which are meant for industrial applications. This is a territorial right which requires registration for a limited time. Patent is a contract between an inventor as an individual and the society as a whole. The inventor has exclusive right to prevent anybody … Read more DMPQ: Explain the following terms:(Science)
Issues attached : As a proportion of GDP expenditure on Science and Tech has been stagnated. It is between 0.6-0.7% of GDP over the past two decades. Expenditure is skewed in favour of Atomic energy, space, earth science , Biotechnology and the expenditure on ICMR is on decline. As compared to its peer competitors, … Read more DMPQ: As India emerges as one of the world ‘s largest economies, it needs to gradually move from being a net consumer of knowledge to becoming a net producer. Discuss the issue attached with Expenditure on Science and Technology?
The East India Company was in severe financial crisis and had asked a loan of 1 million pounds from the British government in 1772. Allegations of corruption and nepotism were rampant against company officials. There was a terrible famine in Bengal where a huge population perished. The Dual form of administration instituted by Robert Clive … Read more DMPQ: What are the reasons for the passing of regulating act, 1773?( History)
Withholding tax: A tax imposed on the income on a foreign portfolio (investments). This tax is imposed to discourage foreign investments, to encourage domestic investment, and to raise money for the government. Venture capital: Generally, a private equity capital which lends capital to the entrepreneurs who are innovative and cannot get the required fund … Read more DMPQ: Explain the following terms: (Economy)
The Regulating Act was passed in the British Parliament in June 1773. It was the first parliamentary ratification and authorization defining the powers and authority of the East India Company with respect to its Indian possessions. This act permitted the company to retain its territorial possessions in India but sought to regulate the activities … Read more DMPQ: What is the importance of regulating act? Outline its provisions (History)