Concept of Money Supply and High Powered Money

Money supply is the entire stock of currency and other liquid instruments in a country’s economy as of a particular time. The money supply can include cash, coins and balances held in checking and savings accounts. Money Supply can be estimated as narrow or broad money. There are four measures of money supply in India … Read more

Food Security & Public Distribution System(PDS)

WHO Defines Food security to exists when all people, at all times, have physical, social and economic access to sufficient, safe and nutritious food which meets their dietary needs and food preferences for an active and healthy life. Food security has three interlinked contents such as :- Availability of food, Access to food and absorption of food. Food … Read more

Budgeting- Different types of Budgeting, Budgetary Control, Responsibility Accounting, Social Accounting, Different types of Deficits- Budgetary, Fiscal & Revenue Deficit.

    Table of Content:- Budgeting- Different types of Budgeting Budgetary Control Responsibility Accounting Social Accounting Different types of Deficits- Budgetary Fiscal Revenue Deficit   Budgeting is the process of estimating the availability of resources and then allocating them to various activities of an organization according to a pre-determined priority. In most cases, approval of … Read more

Famous Personalities of Fredom Struggle of India

Keshab Chander Sen :- ? was an Indian Bengali Hindu philosopher and social reformer who attempted to incorporate Christian theology within the framework of Hindu thought.He was born on 19th November 1838 in Kolkata. He was a descendant of the medieval Sena kings of Bengal. ? He was so influenced by the ideas of Brahmo … Read more

The Working Class Movements

There were some working class movements in second half of 19th century. However, they were impulsive and not very well organized. The early nationalists had a lukewarm attitude towards the question of workers. This war because initially Congress wanted to focus on issues which were of common concern to all the people of India. There … Read more

Non Co-operation and Khilafat Movement

Montagu-Chelmsford Reforms 1919: Dyarchy In a system called “dyarchy,” the nation-building departments of government — agriculture, education, public works, and the like — were placed under ministers who were individually responsible to the legislature. The departments that made up the “steel frame” of British rule — finance, revenue, and home affairs — were retained by … Read more

Gandhi’s early career and activism

Gandhi was the first Indian barrister to have come to South Africa. He was faced with various racial discriminations within days of his arrival in SA. He led the Indian struggle in SA. The first phase of Gandhi’s political activities from 1894-1906 may be classified as the ‘moderate’ phase. He set up the Natal Indian … Read more

Lucknow Pact (1916)

Nationalists saw that their disunity was affecting their cause Two important developments at the Lucknow Session of Congress The two wings of the Congress were again united The Congress and the Muslim League sank their old differences and put up common political demands before the government. INC and ML passed the same resolutions at their … Read more

Montagu-Chelmsford Reforms and Rowalt act

Provincial LC enlarged. More elected members Dyarchy Some subjects were reserved and remained under the direct control of the Governor; others such as education, public health and local self-government were called transferred subjects and were to be controlled by the ministers responsible to the legislature. At the centre, there were two houses of legislature. Response … Read more

Morley-Minto Reforms, 1909

Increased the number of elected members in the Imperial Legislative Council and the provincial council However, most of the elected members were elected indirectly The reformed councils still enjoyed no real power, being merely advisory bodies. Introduced separate electorates under which all Muslims were grouped in separate constituencies from which Muslims alone could be elected. … Read more

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