Essay on GNP Per Capita and Economic Welfare

Industry
GNP per capita has been treated as an indicator of economic development and social welfare. For quite some time, a high GNP per capita has implied a high level of social welfare and economic development particularly in respect of some advanced countries.No wonder developing nations like India have begun to show signs of impatience about their chronically low growth rate of GNP. The obsession of realizing a higher growth of GNP is so high that a number of developing countries have prepared themselves to give up the very social objectives to fulfil which a high growth of GNP, they believe, is essential.Creation of employment opportunities, for instance, is a social objective of such economies. It is to achieve such objectives only that a high GNP growth has been and also…
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Biology Question Bank – 137 MCQs on “Applied Biology” – Answered!

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137 Questions with Answers and Explanations on “Applied Biology” for Students.1. In crop movement programme, haploids are important because they (a) require one half of nutrients Image Source: northwesternflipside.com ADVERTISEMENTS: (b) are helpful in study of meiosis(c) grow better under adverse conditions(d) form perfect homozygous. ADVERTISEMENTS: Answer and Explanation:1. (d): in crop movement programme, haploids are important because they form perfect homozygous lines. Homozygous are the pure line selection plants resulting from self pollination. In this way, considerable homozygosity is obtained. Haploids are those plants which possess a gametophytic number of chromosomes. Haploids are used in plant breeding, especially for the production of homozygous plants and in their studies in the detection of mutation.2. Which ones produce androgenic haploids in anther cultures? (a) anther wall ADVERTISEMENTS: (b) tapetal layer of…
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Biology Question Bank – 148 MCQs on “Ecology & Environment” – Answered!

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148 Questions with Answers and Explanations on “Ecology & Environment” for Biology Students:1. Acid rains are produced by (a) excess NO2 and SO2 from burning fossil fuels Image Source: dyndy.net ADVERTISEMENTS: (b) excess production of NH3 by industry and coal gas(c) excess release of carbon monoxide by incomplete combustion(d) excess formation of CO2 by combustion and animal respiration. (1988, 89) ADVERTISEMENTS: Answer and Explanation:1. (a): Acid rain refers to the precipitation with a pH of less than 5. It is a mixture of H2SO4 and HNO3, the ratio of the two acids vary depending on the relative quantities of sulphur oxides and nitrogen oxides present in the atmosphere. These oxides are mainly produced by combustion of fossil fuels, smelters, industries, power plants, automobile exhausts etc.2. Which one is not a…
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Short Speech on the ‘Doctrine of Pith and substance’

Industry
Within their respective spheres. Parliament and the State Legislature should keep within the domain assigned to it and not trespass into domain reserved to the other, and a law made by one which trespasses or encroaches upon the field assigned to the other, is not valid. Image Source: farm2.static.flickr.comBut before the Legislature purporting to deal with a subject in one list and touching also on a subject in another list is declared to be bad, the courts apply what is known as, the doctrine of pith and substance. ADVERTISEMENTS: According to this doctrine, the legislation as a whole is examined to ascertain its “true nature and character” in order to determine in what list it falls. If according to its “true nature and character” the legislation substantially falls within the…
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Useful Notes on Hindu Gains of Learning Act

Industry
An important species of self-acquired property in Hindu Law is what is known as gains of learning or gains of science, also known as vidhyadhana in the ancient texts. The term learning signifies education, whether elementary, technical, scientific, special or general, and training of every kind which is usually intended to enable a person to pursue any trade, industry, profession or a vocation in life. The term gains of learning means all acquisitions of property made substantially by means of learning.Prior to 1930, income earned by a member of a joint family by the practice of a profession or occupation requiring a special training imparted at the expenses of the joint family property was considered to be joint family property. If, however, such a person had received only ordinary education…
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Decision of the Supreme Court in Indra Sawhney vs. Union of India, AIR 1993 S.C. 477 (Mandal Commission Report)

Industry
Facts: The facts of the case were as follows. On January 1, 1979, the Government headed by Prime Minister Moraiji Desai appointed the Second Backward Classes Commission under Article 340 of the Constitution under the Chairmanship of Sri B. P. Mandal, (M.P.) to investigate the socially and educationally backward classes within the territory of India and to recommend steps to be taken for their advancement including disability for making provisions for reservation of seats for them in Government jobs. Image Source: i.ytimg.comThe Commission submitted its report in December, 1980. It identified 3743 castes as socially and educationally backward classes and recommended for reservation of 27% Government jobs for them. The Janata Party collapsed due to internal differences and the Congress headed by Smt. Indira Gandhi came to power in 1980.…
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Essay on the Importance of the Preamble of the Constitution of India

Industry
The preamble of a Constitution sets out the main objectives which the legislature seeks to secure for the people. It expresses what the legislature has dreamt or thought to achieve. It embodies the ideals which the framers of the Constitution wanted for the general purpose of the people in their best interests.The Preamble of Indian Constitution declares: “We, the People of India, having solemnly resolved to constitute India into a Sovereign, Socialist, and Secular. Democratic Republic and to secure to all its citizens: Justice, social, economic and political; ADVERTISEMENTS: Liberty, of thought, expression, belief, faith and worship;Equality of status and of opportunity; and to promote among them all;Fraternity, assuring the dignity of the individual and the unity and integrity of the nation.In our Constituent Assembly this twenty-sixth day of November,…
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What are the Arguments in Favour and Against Trade Barriers? – Explained!

Industry
Many countries, particularly the developing countries put barriers in the form of tariffs, as these are the only ways to generate and collect revenue for the state. In case of Myanmar, export and import duties are the major source of state revenue.The most important of all economic arguments is the employment/labor argument. It is based on the premise that less of imports will create more jobs. Markets are to be protected, particularly from countries where wages are much lower. This lower wage advantage will either wreck the domestic industry or force it to match the lower wages. ADVERTISEMENTS: The decision of many states of the US to enact statutes to not to award BPO work to India is guided by this very logic. In banking and insurance, regulation serves to…
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What are the 5 Reasons for Government Intervention in International Trade?

Industry
Strategic arguments those are non-economic reasons for government intervention in international trade. These include: 1. National Security Argument: Each nation protects some industries to guard its national security. The most obvious examples are weapons, aerospace, advanced electronics, semiconductors, and strategic minerals (e.g., exotic ores used in jet aircraft), etc. Protection for the sake of making available specific minerals or resources does not appear to be an optimal policy. A better alternative is to stockpile such resources during peacetime when they are cheap. ADVERTISEMENTS: Protagonists of national security argument claim that a nation should be. Self-reliant and be ready to pay for inefficiency when the case relates to national security. Recently, Pentagon has pressed for development of flat-panel industry even though the same can be bought much cheaper from Asian countries.…
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Get the Complete Information on Mutawalli of a Wakf

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Mutawalli is manager of the waqf-property. After dedication, ownership of the property is vested in God and becomes His property. There must be some person or a human agency who could look after the dedicated property on behalf of God.The person, who supervises or takes over the management of a waqf, is called the mutawalli. He is superintendent of the property. He also distributes the benefits of the property according to the directions laid down in the waqf. A mutawalli has no beneficial interest in the property. He is merely a servant of God, managing the property for the good of His creatures. Image Source: farm4.static.flickr.com ADVERTISEMENTS: Therefore, besides legal duties, a mutawalli has also the religious and moral obligation to take care of the waqf- property. Any mismanagement or…
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