When devaluation of currency is done, the monetary authority formally sets a lower exchange rate of the national currency. Devaluation is... View Article
India devalued its currency on 6th June, 1966 as independent India faced its first balance of payment crisis. India was dependent on economic aid... View Article
When the currency is devalued, imports get discouraged because imported goods get more expensive for domestic consumers. When the currency is... View Article
In 1991, the Indian economy was facing an economic crisis due to the balance of payment issue. The Indian Government decided to open up the... View Article
Arun Kumar Mishra is the current chairman of the National Human Rights Commission. He is the former judge of the Supreme Court. The last chairman... View Article
The term Minority is not defined in the Indian Constitution. However, the Constitution recognises only religious and linguistic minorities. The... View Article
Evaporation is a process by which water is transformed from liquid to a gaseous state. Heat is the main cause of evaporation. The temperature at... View Article
Humidity: Water vapour present in the air is known as humidity. It is expressed quantitatively in different ways. The actual amount of water... View Article
Rain is caused because of three main phenomena of the hydrologic cycle. They are Evaporation: Water is absorbed from different water bodies, a... View Article
Precipitation is any liquid or frozen water that forms in the atmosphere and falls back to the Earth. Precipitation forms in the clouds when... View Article
The process of continuous condensation in free air helps the condensed particles to grow in size. When the resistance of the air fails to hold... View Article
When the humidity is high, there is a lot of water that can be used to make clouds. This results in rain or snow. The larger the amount of water,... View Article
Water vapour present in the air is known as humidity. It is expressed quantitatively in different ways. The actual amount of water vapour present... View Article
Terrigenous deposits are deposits of mud, sand, gravel, and volcanic materials, derived from the denudation of continental rocks. The main... View Article
Ooze contains both organic sediments from marines remains and inorganic sediments from muds. The ooze is further classified into two types. They... View Article
Pelagic deposits consist of organic material in the form of marine plants and animals as well as inorganic material. They are generally found in... View Article
Marine deposits are sediments that come from different sources by different means and it settle down in the ocean floor. Marine deposits are... View Article
Any deposit of insoluble material, primarily rock and soil particles, transported from land areas to the ocean by wind, ice, and rivers, as well... View Article
