Category: Inflation

Here is your speech on Official Deviance by Bureaucrats:Deviance by Bureaucrats is the most common problem in present administration in India. Deviance means illegal, immoral, and unethical activities towards their duties and norms of one’s profession. Bureaucrats mean officials who conduct rationally the work of such administration. ADVERTISEMENTS: It is a major trend of modern society, nowadays Bureaucrats has to play a tremendous role in political development and social change, with the change of concept from police state to welfare state the traditional functions of Bureaucrats as the instrument of revenue collecting agency or law and order maintaining machinery have further increased resulting in widening its scope.In modern administration vast discretionary powers are endowed on Bureaucrats and judicial control over Bureaucrats is very feeble. Only the mandatory duties can be…

5 sample paragraphs for reading test on 1. Traveling in a D. T. C. Bus 2. Look Before You Leap 3. Rising Prices 4. ‘Simple Living, High Thinking’ 5. A Football Match Sample Paragraphs 1. Traveling in a D. T. C. Bus Delhi is a crowded city. There are very few rich people who travel by their own vehicles. The majority of the people cannot afford to hire a taxi or a three-wheeler. They have to depend on D.T.C. buses, which are the cheapest mode of conveyance. D.T.C. buses are like blood capillaries of our body spreading all over in Delhi. One day I had to go to railway station to receive my uncle. I had to reach there by 9.30 a.m. knowing the irregularity of D.T.C. bus service; I…

Former Prime Minister of India from 1998 to 2004. A veteran politician and a widely respected personality. His was a voice of reason and tolerance when the mobs went on a killing spree during the communal carnage in Gujarat in 2002.A poet in his own right. He lost the 2004 General Elections which had been propounded by six months in the hope that the BJP would be returned to power on account of strong public support and economic reforms. The electorate voted otherwise and returned the United Progressive Alliance (UPA) headed by the Congress, at the hustings. ADVERTISEMENTS: Vajpayee remains the most charismatic leader and crowd puller. He addressed crowds at the local elections in U.P. in November, 2006 which brought cheers to the BJP as it regained its lost…

Many of us have some aspirations and wishes for our country that we desire to fulfill and some changes to bring about, but we feel that we have little say in getting those things done. This is because of our limited power as citizens of the country.Each of us has our rights and responsibilities as citizens of the country which we ought to remember and abide by. But privileges and power to bring amendments to the policies and laws in the country are held with the higher authorities like the President.There are many problems that afflict the society today. Most of these require strict laws by the governance to bring about a considerable change. If I were the President of the country, I would have taken up the issues that…

Kinley has classified the important functions of money as follows:1. Primary functions,2. Secondary functions and ADVERTISEMENTS: 3. Contingent functions.Primary functions are known as original functions. They are medium exchange and measure of value. Secondary functions include standard of deferred payments, store of value and transfer of value. Contingent functions cover distribution of income, measurement and maximisation of utility. Image Source: centuryproductsllc.com 1. Primary Functions: (A) Medium of Exchange: ADVERTISEMENTS: We have seen the difficulties of barter system of exchange. In the modern society with multiplicity of human wants double coincidence of wants is difficult to achieve. Under barter system, exchange takes place when wants of two persons coincide. It means, exchange of goods must be settled simultaneously.We can take an example to explain the working of double coincidence of wants.…

1. Biosphere is made of atmosphere, hydrosphere, and lithosphere.2. The constituent gases in atmosphere are mainly dense upto 1 kilometer height.3. The clouds are found in troposphere. Image Source: img10.deviantart.net ADVERTISEMENTS: 4. Ozone layer is found in thermosphere.5. Tropopause and troposphere are the same names.6. The atmospheric temperature becomes 0°C near stratopause. ADVERTISEMENTS: 7. The atmospheric temperature falls with rise in altitude, but it may reach beyond 1000°C above 500 km in exosphere (or thermosphere).8. Main activity in ionosphere is to reflect the radio waves.9. Lithosphere constitutes only 30% of total surface of earth.10. The Rio de Janeiro Earth Summit was held in 1992. ADVERTISEMENTS: 11. In an ecosystem; the example of producer is green plant, example of consumer is animal, and example of decomposer is fungi.12. Algae are eaten…

The Differences between “Standard Coin” and “Token Coin” are as follows: Standard Coin: 1. It is the principal coin of a nation.2. It is a full-bodied coin. Its face-value is equal to its intrinsic value.3. Standard coins are made of gold or silver of a well-defined weight, purity and fineness. ADVERTISEMENTS: 4. Standard coins enjoy free-coinage as the mind is open for the public for getting their precious metals minted into standard coins.5. Standard coins possess the status of unlimited legal tender, i.e. no one can refuse to accept value if paid in standard coins in any quantity.6. Standard coins posses following merits: Image Source: indiacoin.files.wordpress.com ADVERTISEMENTS: i. They inspire higher confidence in the holder,ii. They provide an excellent means of storing purchasing power,iii. There is no fear of inflation,iv.…

Indian economy is one of the largest economies in the world. It isn’t surprising that India rank 11th in terms of nominal GDP (Gross Domestic Product) and 3rd in terms of PPP(Purchasing Power Parity). But this stupendous growth is accompanied by the emergence of new problems and challenges.And one of the most grave of them all is that of price rise. There has been widespread uproar regarding the skyrocketing prices of commodities of daily use. Both the government and the citizens have been facing a hard time due to its inability to put a check on the rising inflation rates. Causes: To analyze the causes we need to look at the internal and external factors. External factors include global inflation. For example, if an item is imported to India from…