Aryans migrated to India through the Khyber and Bolan passes from central Asia. The places where they settled in India was called Arya Vardham Compiled the prayers of their ancestors as Vedas In…
IMPORTANCE OF STUDYING HISTORY History is no longer treated as merely a study of dates and events and that too largely only political events. These include the study of patterns…
Culture The English word ‘Culture’ is derived from the Latin term ‘cult or cultus’ meaning tilling, or cultivating or refining and worship. In sum, it means cultivating and refining a…
The Pre-historic period can be classified as: Palaeolithic Age - Old Stone Age (BC 1 0000 years ago) Neolithic Age- New Stone Age (BC 10000 -BC 4000) Chalcolithic Age- Copper…
What is Value added tax (VAT)? It is an indirect tax imposed on value addition, in each state of economic activity (value of sales – Intermediate commodities) Since it is…
Measures by Government to Curb Inflation Monetary Policy – Expansionary monetary policy Fiscal Stimulus – tax rate reduced from 12% to 10% Sectoral support package – It was granted to…
Benefits of inflation Can inflation have positive consequences? The answer is yes although much depends on what else is happening in the economy. Some of the potential advantages of benign…
Food Inflation When food prices rise in the developed world it is an inconvenience, something to grumble about. But, when food prices rise in the developing world it can make…
Graph showing Increase in AD AD can increase for the following reasons: Increased wages. Higher real wages increase disposable income and encourage consumer spending. Increased government spending (G). Fall in…
Sustainable Development Sustainable development is the concept of needs and limitations imposed by technology and society on the environment’s ability to meet the present and future needs. It states that…