Six scheduled commercial banks were nationalised in 1980. The banks which were nationalised in 1980 were Vijaya Bank Limited, Punjab and Sind... View Article
Planning commission formulated plans in India. It had formulated 12 five year plans, later on it was replaced by NITI Aayog.You can read about... View Article
India, had a total of 12 five years plans.You can read about the National Institution for Transforming India (NITI Aayog) - A Brief Overview in... View Article
Rolling Plan was the sixth five year plan introduced by the Janata Government for the time period 1978-83, after removing the fifth five year... View Article
Former Prime Minister of India, Indira Gandhi gave the slogan garibi hatao.You can read about the National Institution for Transforming India... View Article
Developing heavy industries was one of the primary reasons for introducing 5 year plans by Stalin.You can read about the National Institution for... View Article
Stalin wanted to transform the Soviet economy into an industrial economy which helped them during the second world war.You can read about the... View Article
Faster, more inclusive and sustainable growth was the main theme of the 12th five year plan.You can read about the National Institution for... View Article
The first five year plan was introduced by Joseph Stalin in the USSR in 1928. You can read about the National Institution for Transforming India... View Article
The five year plan was started in 1951. You can read about the National Institution for Transforming India (NITI Aayog) - A Brief Overview in the... View Article
The aim of the five year plans was to bring development in India across different sectors. You can read about the National Institution for... View Article
The system of 5 year plans by the Planning Commission in India was stopped in 2015 by the Government of India, led by Prime Minister Narendra... View Article
It is done by equalizing the value of comparable market basket of goods between two countries. This equalizing exchange rate is the PPP exchange... View Article
4.2 LCU per international dollar was the purchasing power parity for China in 2020.You can read about the Methods of GDP Estimation in the given... View Article
It means Gross Domestic Product (GDP) per capita based on purchasing power parity (PPP). Using purchasing power parity rates, GDP is converted to... View Article
As of 2020, in the purchasing power index, Switzerland is ranked at 1st position.You can read about the Methods of GDP Estimation in the given... View Article
There are two types of solstices experienced by the Earth’s latitude. The summer solstice or June solstice (marked between June 20 and June... View Article
During the equinox the day and night are of the same length, 12 hours, all over the world. This is because on the two equinoxes, the tilt of the... View Article
