Impacts of Globalisation:-

Definition of Globalization :- Its a process(not an outcome) characterized by increasing global Interconnections by gradual removal of barriers to trade and investment between nation and higher economic efficiency through competitiveness. Various economic, political, social and cultural effects of globalization are as follows:- Breaking down of national economic barriers International spread of Trade, Financial and … Read more Impacts of Globalisation:-

Role of World Bank, IMF WTO & other Important International Organisations in world Economy:-

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 Role of World Bank, IMF WTO & other Important International Organisations in world Economy:-

CoP15 (Copenhagen Summit)

Main aim was to establish a global climate agreement for the period from 2012 when the first commitment period under the Kyoto Protocol expires The conference did not achieve any binding agreement for long term action A ‘political accord’ was negotiated by approximately 25 parties Collective commitment by developed countries for new and additional resources … Read more CoP15 (Copenhagen Summit)

Civil Rebellions and Tribal Uprisings

The backbone of the rebellions, their mass base and striking power came from the rack-rented peasants, ruined artisans and demobilized soldiers CAUSES The major cause of the civil rebellions was the rapid changes the British introduced in the economy, administration and land revenue system. The revenues were enhanced by increasing taxes. Thousands of zamindars and … Read more Civil Rebellions and Tribal Uprisings

Role and Functions of Reserve Bank of India

Role of RBI Pre-reform Post-reform Developmental Role: the developmental role has increased in view of the changing structure of the economy with a focus on SMEs and financial inclusion Priority Sector Lending: Introduced from 1974 with public sector banks. Extended to all commercial banks by 1992 In the revised guidelines for PSL the thrust is … Read more Role and Functions of Reserve Bank of India

Indian Agriculture- Current Status, Issues & initiatives.

Indian Agriculture 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 … Read more Indian Agriculture- Current Status, Issues & initiatives.

Moderate phase:early nationalists,Freedom of Press and Bal Gangadhar Tilak

Contribution of early nationalists Early nationalists believed that a direct struggle for the political emancipation of the country was not yet on the agenda of history. On agenda was: Creation of public interest in political questions and the organization of public opinion Popular demands had to be formulated on a country-wide basis National unity had … Read more Moderate phase:early nationalists,Freedom of Press and Bal Gangadhar Tilak

Revolt of 1857: first war of indian independence

During the Governor-General Lord Canning May 11, 1857. The Meerut incident. Capture of Delhi. Proclaiming B S Jazar as the emperor. Almost half the Company’s sepoy strength of 232224 opted out of their loyalty to their regimental colours. Kanpur: Nana Saheb; Lucknow: Begum Hazrat Mahal; Bareilly: Khan Bahadur; Jagdishpur (Ara): Kunwar Singh; Jhansi: Rani Lakshmi … Read more Revolt of 1857: first war of indian independence

Green Revolution in India

Green Revolution in India A term coined to describe the emergence and diffusion of new seeds of cereals. Norman-e-Borlaug is the Father of Green Revolution in the world, while Dr. M.S. Swami Nathan is known as the Father of Green Revolution in India. The new cereals were the product of research work and concentrated plant … Read more Green Revolution in India