WBPSC Prelims and Mains Notes-WBPSC Test Series
WEALTH MAXIMIZATION Concept: Wealth maximization is the concept of increasing the value of a business in order to increase the value of the shares held by stockholders. The concept requires a company’s management team to continually search for the highest possible returns on funds invested in the business, while mitigating any … Read more
inflation is a sustained increase in the general price level of goods and services in an economy over a period of time. When the price level rises, each unit of currency buys fewer goods and services.It is the percentage change in the value of the Wholesale Price Index (WPI) on a year-on year basis. It effectively … Read more
Public Finance Public finance is the study of the role of the government in the economy. It is the branch of economics which assesses the government revenue and government expenditure of the public authorities and the adjustment of one or the other to achieve desirable effects and avoid undesirable ones. It includes the study of … Read more
Forest ecosystem includes a complex assemblage of different kinds of biotic communities. Optimum conditions such as temperature and ground moisture are responsible for the establishment of forest communities. Forests may be evergreen or deciduous which are distinguished on the basis of leaf into broad-leafed or needle leafed coniferous forests in the case of … Read more
Provincial LC enlarged. More elected members Dyarchy Some subjects were reserved and remained under the direct control of the Governor; others such as education, public health and local self-government were called transferred subjects and were to be controlled by the ministers responsible to the legislature. At the centre, there were two houses of legislature. Response … Read more
Nutrition in organisms Food is the basic necessity of man. It is a mixture of different nutrients such as carbohydrate, protein, fat, vitamins and minerals. These nutrients are essential for growth, development and maintenance of good health throughout life. They also play a vital role in meeting the special needs of pregnant and lactating women … Read more
Secularism India is a multi religious and multi cultural country from its known history.Greatness of our nation is highlighted by the unity in diversity maintained by various sections of Indian society. Secularism in the multi-cultural, multi-lingual and plural society of India a significant role to play in reducing religious conflicts and persecution, upholding human rights … Read more
Hill Forts of Rajasthan. The serial site, situated in the state of Rajastahan, includes six majestic forts in Chittorgarh; Kumbhalgarh; Sawai Madhopur; Jhalawar; Jaipur, and Jaisalmer are included in the list of UNESCO World heritage sites Serial No Name of Fort Constructed by Location Related Dynasty 1 Mehrangarh Rao Jodha Jodhpur Rathore 2 … Read more
Monetary policy is the process by which the monetary authority of a country controls the supply of money, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency. Objectives of Monetary Policies are:- Accelerated growth of the economy Balancing saving and investments Exchange rate stabilization Price stability Employment … Read more
The Govt. of India Act Gave assurance that there would be no more territorial possessions. Titles were 1858 bestowed on many princes & the right of adoption was accepted. No interference in religious matters. The Indian Council Provided that there was no difference between the central & provincial Act 1861 subjects. … Read more