"When in doubt, observe and ask questions. When certain, observe at length and ask many more questions."
Created this thread as a one stop solution for all members so that all the doubts wherein any conceptual clarification is required can be solved here.
@oldrustyagain29523 yeah you have the values correct, but GCF of 28-29 means 28-29% of GDP and 32-33 would mean 32-33% of GDP. Since India’s GDP is much greater, GCF of India would be higher than GCF of Bangladesh.Or am I making a simple error I’m not able to see here
See i would suggest to look into it the other way. If you are aware that Bangladesh is growing at much higher rate than India ...then it means the GCF formation is more of Bangladesh than India.
GDP is sum of goods and services produce. Using GCF/GCFC it produces both capital and consumption goods. Now the more capital goods is produced the more GCF / capital stock will be accumulated. This further surge the GDP. But the other way round is not true . Eg: GDP is increasing in nominal terms but GDP growth rate would be decreasing.
In short GCF is increasing then GDP will increase for sure but GDP increasing then it may be that GCF is not increasing that much compared to consumption goods production. You may consider the following relation GCF:Investment: capital goods produced
» show previous quotes» hide previous quotes@oldrustyagain29523 yeah you have the values correct, but GCF of 28-29 means 28-29% of GDP and 32-33 would mean 32-33% of GDP. Since India’s GDP is much greater, GCF of India would be higher than GCF of Bangladesh.Or am I making a simple error I’m not able to see here
See i would suggest to look into it the other way. If you are aware that Bangladesh is growing at much higher rate than India ...then it means the GCF formation is more of Bangladesh than India.
GDP is sum of goods and services produce. Using GCF/GCFC it produces both capital and consumption goods. Now the more capital goods is produced the more GCF / capital stock will be accumulated. This further surge the GDP. But the other way round is not true . Eg: GDP is increasing in nominal terms but GDP growth rate would be decreasing.
In short GCF is increasing then GDP will increase for sure but GDP increasing then it may be that GCF is not increasing that much compared to consumption goods production. You may consider the following relation GCF:Investment: capital goods produced
What's the point of suspending international flights if we just sign air bubble agreements which allow the international flights anyway? I genuinely don't understand the logic behind it. Could someone please clarify.
Air bubbles arrangements allow the members of the group to keep trade ties intact with each other, and help sectors such as trade, travel and tourism.
People have families in other countries, offices, trade obligations. Everything cannot be concluded over zoom. People need to travel. Hence such agreements help.
Suspension is required to avoid a Goa like situation in other countries.
In this question, BS folks did believed in Vedas as infallible right? Or 'Vedas are infallible' is more attributed to Arya Samaj?Which of the following statements is/are correct regardingBrahmo Samaj?1. It opposed idolatry.2. It denied the need for a priestly class for interpreting the religious texts.3. It popularised the doctrine that the Vedas are infallible.Select the correct answer using the codes given belowA) Only 1B) 1 and 2C) Only 3D) All of theseCorrect ans given in book is b
Now This is where hairsplitting comes..! Normally a candidate would marks Option D as correct! But here there is a word " Popularize" Which makes all the difference!
But i think we should not bust our head over such nitty gritty
Karmayogi IAS prelims strategy.pdf found this helpful. People who could not clear prelims can use this. Not 100 % trusted but some things are good.
Who is the chairperson of National Board for Wildlife? Is it the Prime Minister or the Union Environment Minister? On google search some sites saying PM, others saying environment minister.
NBWL- PM chair
NATCA- EM chair
Given in act, unless there is an amendment that I am not aware of (off-chance).
PT 365 mein galat kyon diya hai I also dont know
The Britishers established their first factory at Masulipatnam or Surat. In one test of Vision it is mentioned Surat and in another Masulipatnam?
Masulipatnam ..... In surat the had just a trading fort not factory extensively(prior to any factory)
1609: trading port surat
1611: masulipatnam
1613: surat