What is GDP and how is it calculated?
Gross domestic product (GDP) is the standard measure of the value-added created through the production of goods and services in... View Article
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What does a fair and free world mean?
A free and fair world means every individual or an entity or a State has the right to equality of... View Article
Is a high GDP good for the economy?
The growth rate of GDP is used to measure the general health of the economy in a country. If there... View Article
What does a good GDP indicate?
GDP as an economic indicator is used worldwide to show the economic health of a country. When there is economic... View Article
What are the three methods of national income calculation?
The national income of a country can be measured by three alternative methods: Product Method Income Method Expenditure Method Further... View Article
Which movement did Gandhi Ji initiate as a result of Jallianwala Bagh incident?
Gandhiji initiated Rowlatt Satyagraha in 1919. There was widespread national protest agitation against the Rowlatt Act. It was mainly confined... View Article
Why do we calculate national income?
The National Income is based on the economic activity of a country. By measuring the national income, the authorities can... View Article
What is the national income?
The value of goods and services produced by a country during a financial year contributes to its National Income. It... View Article
When and why was the Rowlatt Act passed?
The Rowlatt Act was passed in the Imperial Legislative Council in 1919. It was passed to smother the political activities... View Article
What are the 5 measures of national income?
The five metrics for measuring national income are: Gross Domestic Product (GDP) Net National Product (NNP) Gross National Product (GNP)... View Article
What to read to learn about economics?
A few of the important topics which are included in the economics syllabus for the IAS exam are: Indian and... View Article
What does Article 27 of UDHR say?
Article 27 of UDHR says that everyone has the right to get involved in their community’s arts, music, literature and... View Article
How to make economics notes?
Follow the steps below to make notes for economics for UPSC preparation: Pick one topic at a time Use simple... View Article
Who described the Rowlatt Act as a black act?
The Rowlatt Act was described as Black Act by Indians. This act led to Rowlatt Satyagraha. It was the first... View Article
What is Green economy in simple words?
United Nations Environment Program (UNEP) defines a green economy as low carbon, resource-efficient and socially inclusive. It promotes a development... View Article
Why does ecological succession occur?
Ecological succession occurs due to the changes in the physical environment and population of species. It may also occur when the... View Article
Who introduced the Rowlatt Act in India?
The Rowlatt Act was introduced in India by the Imperial Legislative Council of the British, although members from India were... View Article
Why was the Rowlatt Act introduced?
Rowlatt Act was introduced to curb the freedom of Indian citizens and to suppress the political activities and movements in... View Article
What does Article 28 of UDHR say?
Article 28 of UDHR says that everyone has the right to live in a peaceful and orderly society so that... View Article
How many indicators are in the human poverty index?
The Multidimensional Poverty Index (MPI) is published by the UNDP’s Human Development Report Office and is based on 10 main... View Article
