GKToday Archives: December, 2017

What is the meaning of Catalogue showroom?

Catalogue showroom usually refers to retail outlets which deal in hard goods like electronics,  jewellery,  houseware etc. They are located next to or in close proximity to their warehouses. The merchandise is not displayed to save costs instead the customers ..

What is a Cash Cow?

A Cash Cow refers to a business, a product or an asset which when acquired and paid off further gives constant cash flows throughout its life. It is often referred to in an industry which shows slow growth otherwise. It ..

GK & Current Affairs Quiz: December 30-31, 2017

GKToday’s Daily Quiz December 30-31, 2017 with questions and answers on Current Affairs and Important National and International events for SSC, Bank Clerical, Bank PO, State PSC, CLAT, Railway etc. Competitive Examinations.

What is difference between Balanced Growth and Unbalanced Growth?

Balance growth occurs when output and the capital stock grow at the same rate. In development economics, balanced growth refers to the simultaneous, coordinated expansion of several sectors. The economists generally use the Ragnar Nurkse’s balanced growth theory to explain ..

Establish link between population and Economic Growth / development

Human resource makes use of other resources to produce goods and services. Neither other resources can become useful on their own nor can they use human resource. Therefore, human resource is the most crucial of all resources. Having said that, ..

OP Singh to be new Director General of Police of Uttar Pradesh

Om Prakash Singh, the 1983 batch IPS officer of Uttar Pradesh cadre, will be the new Director General of Police of Uttar Pradesh. He will succeed incumbent Sulkhan Singh, whose tenure ends on December 31, 2017. Presently, OP Singh is ..