MPSC Prelims and Mains Notes-MPSC Test Series
NORTH-EASTERN STATES Arunachali yak the first to be registered as new breed Yaks, found in the mountainous regions of Arunachal Pradesh, have been registered by the Karnal-based National Bureau of Animal Genetics Resources (NBAGR) as a distinct breed known as Arunachali yak, this being the first instance of such a registration in the country. Union … Read more 03.02.18 Mizoram(MizoramPSC) Current Affairs
NORTH-EASTERN STATES Budget brings hope to bamboo-rich northeast Bamboo is essentially a type of grass, but its classification as a tree for 90 years prevented the northeast, which grows 67% of India’s bamboo, from exploiting it commercially unlike China, the only country with richer bamboo genetic resources. Now Budget 2018 has ignited farm … Read more 02.02.18 Mizoram(MizoramPSC) Current Affairs
NORTH-EASTERN STATES Territorial integrity of North eastern states won’t be compromised: Rajnath Territorial integrity of Assam and other northeastern states will not be compromised when the final Naga peace accord is inked, home minister Rajnath Singh assured Assam chief minister Sarbananda Sonowal. The insurgent group NSCN-IM’s key demand is to integrate the Naga-inhabited areas of Arunachal Pradesh, … Read more 30.01.18 Mizoram(MizoramPSC) Current Affairs
NORTH-EASTERN STATES · Nagaland stands divided on assembly election announcement ð The announcement of election dates invited a polarised response in Nagaland, with political parties welcoming the move and local organizations strongly protesting against it – with the apex tribal body of the state threatening to boycott the electoral process. ð The demand for … Read more 20.01.18 Mizoram(MizoramPSC) Current Affairs
Climate of Mizoram Mizoram is a mountainous state nestling in the southern tip of the north-east region of India. Covered with verdant forests dominated by thick bamboo groves, teeming with vibrant wildlife, sheer cliffs and breath-taking waterfalls, dotted with unique landmarks of myriad folklores and picturesque villages of houses built on stilts, a land of … Read more Climate of Mizoram for Mizoram PSC
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
Monetary policy is the process by which the monetary authority of a country controls the supply of money, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency. Objectives of Monetary Policies are:- Accelerated growth of the economy Balancing saving and investments Exchange rate stabilization Price stability Employment … Read more Monetary Policies
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
Economic Growth Economic growth means an increase in real GDP. This increase in real GDP means there is an increase in the value of national output / national expenditure. Economic growth is an important macro-economic objective because it enables increased living standards and helps create new jobs. Measurement of Economic Growth Economic growth is … Read more Economic Growth, Development & Planning