Good Morning dear reader. We are posting Today’s Must Read Current Affairs Articles below: \ GS Paper 1 The pernicious idea of exclusive belonging The Hindu Page – 6 Syllabus Topic – Salient features of Indian Society, Diversity of India Liberty of inter-faith couples must be celebrated, not reviled Indian Express Page – 12 Syllabus… Continue reading Must Read Current Affairs Articles I 2nd December 2020
Author: ForumIAS
10 PM Current Affairs Quiz: December 1, 2020
Good Evening Friends, We are posting today’s 10pm Current Affairs Quiz [WpProQuiz 1921]
9 PM Daily Brief – December 1, 2020
Good evening dear reader Here is our 9pm current affairs brief for you today GS 2 Ayurveda and patient safety Aspects of vaccine distribution Aishwarya Reddy’s death GS 3 Dilli chalo farmer’s protest 9 PM for Preliminary examination FACTLY Ayurveda and patient safety Source: The Hindu Syllabus: GS-2- Health Context: Efficacy of Ayurveda to incorporate… Continue reading 9 PM Daily Brief – December 1, 2020
INDIAN PHARMACEUTICAL SECTOR CHALLENGES AND REFORMS
Source: PIB, Indian Medicine Industry-RSTV , FDI data of Ministry, Mint, Relevance: Recently PM follows up his 3 city visit by a virtual meeting with 3 more vaccine developers based in Pune and Hyderabad Ambassadors of 100 countries are scheduled to arrive in Pune on December 4, to visit Serum Institute of India and Gennova Biopharma. Sweden has already acknowledged India’s role as… Continue reading INDIAN PHARMACEUTICAL SECTOR CHALLENGES AND REFORMS
Gross Happiness Index (GHI)
Gross National Happiness is a term coined by His Majesty the Fourth King of Bhutan, Jigme Singye Wangchuck in the 1970s. Gross national happiness (GNH) measures economic and moral progress as an alternative to gross domestic product measurement in Bhutan. The concept implies that sustainable development should take a holistic approach towards notions of progress and give equal importance… Continue reading Gross Happiness Index (GHI)
Changes brought in GDP calculations in 2015
What is the New GDP Methodology in India? In 2015 Central Statistics Office (CSO) introduced few changes in the GDP calculation. They are: Change of base year from 2004-2005 to 2011-2012 National Statistical Commission advised to revise the base year of all economic indices every five years. Based on that CSO changed the Base year Recently The Ministry of Statistics… Continue reading Changes brought in GDP calculations in 2015
Difference between GVA and GDP
What is the difference between GVA and GDP? Gross value added (GVA) is the value addition done to a product resulting in the production of final product whereas Gross Domestic Product (GDP) is the total value of products produced in the country. While GDP gives a picture of whole economy, GVA gives pictures at enterprises,… Continue reading Difference between GVA and GDP
Gross value Addition (GVA)
What is Gross Value Added ? The term that is used to denote the net contribution made by a firm is called its value added The raw materials that a firm buys from another firm which are completely used up in the process of production are called ‘intermediate goods’. Therefore Value added of a firm… Continue reading Gross value Addition (GVA)
Income Method in GDP calculation
This method approaches national income from distribution side. In other words, this method measures national income at the phase of distribution and appears as income paid and or received by individuals of the country. National income is obtained by summing up of the incomes of all individuals of a country. Individuals earn incomes by contributing their… Continue reading Income Method in GDP calculation
Production Method (GVA) in GDP calculation
This method is also called as Output Method or Value Added Method In this model economy is divided into different industrial sector such as agriculture, fishing, mining, construction, manufacturing, trade and commerce, transport and communication etc. Then, the net value added by each productive enterprises as well as by each industry or sector is estimated. Net… Continue reading Production Method (GVA) in GDP calculation
