The unemployment refers to the situation where individuals who are willing and available for work are unable to find employment. Various Types: Open unemployment Willing to work, available...
Indian Railways with second largest Railway network in the world caters to highest passenger and fourth largest freight traffic in the world. Significance: Mass transport. Source of revenue...
Model Answer: Investment-led growth model: The higher capital investment in the form of machinery and infrastructure increases the productive capacity of the economy. The higher the investment; the...
India has third largest domestic market in Civil Aviation in the world. Significance: Among the fastest growing sector. Private players leading to cost effectiveness and large consumer base....
Model Answer: The FRBM Act 2003 envisaged at: Reducing revenue deficit; fiscal deficit; liabilities of the government; prohibiting the Union Government from guaranteeing to loans raised by PSUs...
Model Answer: All the decisions taken by government in terms of taxation, resource mobilization and expenditure comprise the Fiscal Policy. There are four key components of Fiscal Policy...
Chapter VB is the most controversial part of Industrial Disputes Act (1947). It states that an industrial establishment with more than 50 employees needs to give 90 days’...
Currently, India depends on imports for its crude oil needs. The demand is likely to grown in the future. Any distortions in supply or price fluctuations could cost...
The uncertainty caused on behalf of the Covid-19 pandemic had made it quite challenging for policy makers in last two years to deal with changing scenarios due to...