What is inflation? What are the problems associated with it? How to measure inflation rates? What are the types? Read further to know more. Inflation is defined as a situation where there is a sustained, unchecked increase in the general price level and a fall in the purchasing power of money. … [Read more...] about Inflation: Definition, WPI, CPI, Measurement and Causes
Blog
Urban Heat Islands
The Urban heat islands (UHI), concrete buildings, and asphalt is making the heat waves around the world more intense. Studies are indicating that UHI is increasing with more people being part of such areas. What are Urban heat islands? How is it affecting the global climate? Read here to find … [Read more...] about Urban Heat Islands
Public Service Values: Important Terms
What are some of the important terms related to public service values? Read further to know. Let's have a quick look at the public service values. Of-course many values like Impartiality, Transparency, Courage of conviction, Probity, Accountability, Empathy towards weaker sections etc. are … [Read more...] about Public Service Values: Important Terms
Crisis of Conscience: Ethical Decision Making
What is conscience? What is meant by crisis of conscience? Read further to know. Crisis of Conscience and Voice of Conscience are two terms related to Ethical Decision Making. We are discussing this topic as UPSC Mains 2013 had a direct question related to this under GS4 (Ethics, Integrity and … [Read more...] about Crisis of Conscience: Ethical Decision Making
FRP Composite Material And Its Applications
What is fibre-reinforced plastic (FRP)? What are the materials used as fibre and polymer in FRP? Read further to know more. Fibre-reinforced plastic (FRP) (also known as a fibre-reinforced polymer) is a composite material made of a polymer matrix reinforced with fibres. Composites are … [Read more...] about FRP Composite Material And Its Applications
Tax Expenditure and Budgetary Policies
What is tax expenditure? What is its importance in the Indian economy? Read further to know more. Tax Expenditure corresponds to relaxations given when tax burden becomes difficult for the sustainability of a particular sector. Tax exemptions or incentives are given in the form of lower rates of … [Read more...] about Tax Expenditure and Budgetary Policies