The Rise of the Magadhan empire

  In the sixth country B.C. North India was divided into sixteen kingdoms out of which Avanti, Vatsa, Kosala and Magadha rose into prominence by aggrandizing upon other weaker states.These four states involved themselves in internecine quarrel in which Magadha emerged as the most powerful state and acquired mastery in the political domain of India. … Read more The Rise of the Magadhan empire

The Indus Valley Civilization : Origin, antiquity, extent, authorship and main features

Indus Valley Civilization   Indus Valley Civilization was the first major civilization in south Asia, which spread across a vast area of land in present day India and Pakistan (around 12 lakh sq.km). The time period of mature Indus Valley Civilization is estimated between BC. 2700- BC.1900 i.e. for 800 years. But early Indus Valley Civilization had … Read more The Indus Valley Civilization : Origin, antiquity, extent, authorship and main features

Important Ancient Terms

Lohit Ayas Copper Syam Ayas Iron Vanik Traders Gramini Village Head Bhagadugha Tax collector Sthapati Chief Judge Takshan Carpenter Niska Unit of currency Satamana Unit of currency Pana Term used for coin Shresthi Guilds Vihara Buddhist Monastery Chaitya Sacred Enclosure Pradeshika Head of district Administration Nagarka City administration Jesthaka Chief of a Guild Prathamakulika Chief … Read more Important Ancient Terms

Public Finance, Monetary Policies, Inflation & Control Mechanism, Repo Rate, Reverse Repo Rate, CRR & SLR.

Table of Content:- Public Finance Monetary Policies Inflation & Control Mechanism, Repo Rate Reverse Repo Rate CRR SLR. Public Finance Public finance is the study of the role of the government in the economy. It is the branch of economics which assesses the government revenue and government expenditure of the public authorities and the adjustment … Read more Public Finance, Monetary Policies, Inflation & Control Mechanism, Repo Rate, Reverse Repo Rate, CRR & SLR.

Tax Reforms in India, Direct & Indirect Tax Reforms. Subsidies- Cash Transfer of Subsidy Issue.

Sience 1990 ie the liberalization of Indian economy saw the beginning of Taxation reforms in the nation. The taxation system in the nation has been subjected to consistent and comprehensive reform. Following factors arise the need for tax reforms in India:- Tax resources must be maximized for increased social sector investment in the economy. International competitiveness … Read more Tax Reforms in India, Direct & Indirect Tax Reforms. Subsidies- Cash Transfer of Subsidy Issue.

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:-

Wavell Plan & Shimla Conference-

In May 1945, Lord Wavell, the Viceroy of India, went to London and discussed his ideas about the future of India with the British administration. The talks resulted in the formulation of a plan of action that was made public in June 1945. The plan is known as Wavell Plan. The Plan suggested reconstitution of … Read more Wavell Plan & Shimla Conference-

Rise of National Movement and Indian National Congress

Why did national movement arise? Indian nationalism rose to meet the challenges of foreign domination The British rule and its direct and indirect consequences provided the material and the moral and intellectual conditions for the development of a national movement in India. Clash of interest between the interests of the Indian people with British interests … Read more Rise of National Movement and Indian National Congress

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

Spread of Modern Education

1781: Hastings set up the Calcutta Madrasah for the study and teaching of Muslim law and related subjects 1791: Jonathan Duncan started a Sanskrit College at Varanasi for the study of Hindu law and philosophy. 1813: Charter of 1813 directed the Company to spend Rs. 1 lakh for promoting modern sciences in the country. This … Read more Spread of Modern Education

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