Globally, the removal of sanctions will allow Iran to increase its crude oil exports by 5,00,000 barrels per day. This would further reduce the global oil prices which...
An S-400 �Triumf� air defence missile system is one of the most advanced long-range defence systems in the world. India is the second export customer, after China to...
The Incremental capital output ratio is a measure which shows the amount of capital required to produce a given product. High ICOR indicates an inefficient economic environment as...
Hybrid annuity model involves government and private developer jointly investing in the project cost on a 40:60 ratio, with government payment in annual annuity is based on quality...
The WTO oversees international trade between nations, and acts as the forum for nations to negotiate and develop the rules that govern international trade. Its major mandate is...
India is a non-party in the dispute surrounding the South China Sea which involves China, Vietnam, Brunei, Taiwan, Malaysia and the Philippines. However, India has a deep and...
According to the Indian constitution, an individual cannot simultaneously be a member of both Houses of Parliament or both Parliament and a state legislature, or represent more than...
Healthcare schemes in India include insurance schemes like PM Jan Arogya Yojana and states’ own treatment schemes. Challenges in Implementation: Fiscal – Public spending on health is not...
Hint: Real National income is the total value a country’s final output of all new goods and services produced in one year. Development in economy is determined by well-being...
