UKPCS Prelims and Mains Notes-UKPSC Test Series
Miscellaneous Facts: India’s GDP per Capita 622 (US $ PPP). It is 684 US $ for Pakistan. The top 3 countries with external debt are Brazil (235 billion $), China (193 billion $) & Russia (175 billion $). India is 9th with 112 billion $. Functional employment occurs when people change from … Read more Miscellaneous Facts:
Role of Commercial Banks A Commercial bank is a type of financial institution that provides services such as accepting deposits, making business loans, and offering basic investment products There is acute shortage of capital. People lack initiative and enterprise. Means of transport are undeveloped. Industry is depressed. The commercial banks help in overcoming these obstacles and promoting … Read more Role of Commercial Banks
inflation is a sustained increase in the general price level of goods and services in an economy over a period of time. When the price level rises, each unit of currency buys fewer goods and services.It is the percentage change in the value of the Wholesale Price Index (WPI) on a year-on year basis. It effectively … Read more Inflation & Control Mechanism
Current Status It is the largest and fastest growing sector globally contributing to the global output and employing more people than any other sector Why has services sector grown? Increase in urbanisation, privatisation and more demand for intermediate and final consumer services Availability of quality services is vital for the well being of the economy … Read more Services
Mainstay of Indian Economy Since independence, undergone a change from being the sector contributing the highest share to the GDP to one contributing the lowest share. Agriculture is a state subject. GDP contribution (Agriculture and allied sector) 5 pc in 1950-51 7 pc in 2008-09 and 14.6 pc in 2009-10. It was 19 pc in … Read more Indian Agriculture
ECOLOGY Ecology is defined “as a scientific study of the relationship of the living organisms with each other and with their environment.” The classical texts of the Vedic period such as the Vedas, the Samhitas, the Brahmanas and the Aranyakas-Upanishads contain many references to ecological concepts .The Indian treatise on medicine, the Caraka- Samhita … Read more Environment and Ecological Issues
What are natural resources ? Natural resources are useful raw materials that we get from the Earth. They occur naturally, which means that humans cannot make natural resources. Instead, we use and modify natural resources in ways that are beneficial to us. The materials used in human-made objects are natural resources. Some examples of natural … Read more Natural Resources of India
The rapid pace of population growth has led to the excessive utilization of natural resources. Huge population also leads to huge production of wastes. The resultant outcomes are loss of biodiversity, pollution of air, water and soil and increased pressure on arable land. All these have been putting great stress on the environment. If … Read more Population, environment and development
Natural Hazards of India Disaster A disaster is a sudden, calamitous event that seriously disrupts the functioning of a community or society and causes human, material and economic or environmental losses that exceed the community’s capacity to cope using its own resources. Vulnerability + Hazard =Disaster Vulnerability- it is defined as the diminished capacity of … Read more Natural Hazards : Floods, Droughts, Cyclones, Landslides
In 1978, the World Bank, for the first time, constructed an analytical country classification system. The occasion was the launch of the World Development Report. Annexed to the report was a set of World Development Indicators (WDI), which provided the statistical underpinning for the analysis. The first economic classification in the 1978 WDI divided … Read more Concept of Developing, Emerging and Developed countries.