Components of Balance of payment of India Upsc

balance of payments

What is the Balance of Payments? Balance of Payments is the record of the transaction of goods and services, assets between the residents of the country with the rest of the world for a specified period of time typically one year. A payment is received from a foreign nation is credit and similarly, payment is … Read more

India BRICS relations UPSC

BRICS

Brics full form is Brazil Russia India China South Africa. These are Brics country that is associated with. It was formulated in 2001 by economist Jim O’Neill of Goldman Sachs,  in a report on growth prospects for the economies of Brazil, Russia, India and China which accounts for lions shared in World’s Production and Population. … Read more

Why was ASEAN formed? Upsc

ASEAN

Why was ASEAN formed? ASEAN was formed to accelerate the economic growth. For social progress and cultural development in the region. These can be done by joint endeavours in the spirit of equality and partnership. ASEAN It is a regional grouping that promotes economic, political, and security cooperation among its ten members: It was established … Read more

Saarc Upsc

saarc

Origin of Saarc The SAARC or South Asian Association for Regional Co-operation is an organization of South Asian Nations established on Dec 8, 1985. It is established for the promotion of economic and social progress, cultural development within its members. The members are India, Bangladesh, Bhutan, Maldives, Nepal, Pakistan, and Sri Lanka. In April 2007, … Read more

International monetary fund functions and objectives

International Monetary Fund- Tnpsc Group-1 Mains Notes

International monetary fund Role and functions The aim of the IMF(International Monetary Fund) is to promote economic and financial cooperation between its members. It is established to assist its member nation over the BOP(Balance of Payments) disequilibrium in a short time. It has a currency of 189 members and the Republic of Nauru joined in … Read more

Foreign Direct Investment in India Upsc

Foreign Direct Investment Meaning Foreign direct investment (FDI) is a type of controlling ownership in a business entity in another country. It is differentiated from the Foreign Portfolio Investment by the notion of direct control. FDI is an investment that is either inorganically by buying a company in a foreign country or expanding the operation … Read more

Achievements of IBRD – First of Five Members of World Bank

World bank- Promoting Accountability and Good Governance by increasing powers in African regions

Achievements of IBRD IBRD is the Previous version of the present World Bank. IBRD full form is International Banks for Reconstruction and Development and it is the largest source of funding for developing countries globally. In Bretton Woods Conference, July 22 1944, the term world bank was used in an economist article. The object of … Read more

Tnpsc Group-I Main Syllabus and Notes

Tnpsc Group-I Mains syllabus and Notes

PAPER – I – General studies UNIT- I: MODERN HISTORY OF INDIA AND INDIAN CULTURE Advent of European invasion ‐ Expansion and consolidation of British rule – Early uprising against British rule ‐ 1857 Revolt – Indian National Congress ‐ Growth of militant movements ‐ Different modes of agitations –Emergence of national leaders ‐ Gandhi, … Read more

Characteristics of Indian Culture and Society

Characteristics of Indian Culture and Society

Indian Culture is very old and changed continuously with time retaining its core. It is existing for the past 5000 years and remains intact despite many changes. Over 6000 years many civilizations appeared and then disappeared but due to the religious dominance, culture Indian culture and civilization stood tall across the world. This is due … Read more

Salient Features of Indian Society

Salient Features of Indian Society

India is a plural society, that its unity and diversity. It is grand mixtures of cultures, language, religions, caste, and communities and upheld by unity. Several foreign invasions such as Mughal, British, etc, the national unity is maintained in spite. India Society is also called Mosaic on Culture. The cultural uniqueness gave the Indian Society … Read more

* * All the Notes in this blog, are referred from Tamil Nadu State Board Books and Samacheer Kalvi Books. Kindly check with the original Tamil Nadu state board books and Ncert Books.