Indus Valley Civilization
- Discovered in 1921
- Belonged to the bronze age
- An area of about 1.3 mn sq km
- Existed between 3300-1600 BC in three phases: early, mature and late phases
- Sites
RAS RAS RAJASTHAN PUBLIC SERVICE COMMISSIONper subordinate mains 2015
services sector
Probable questions:
- What is the contribution of services sector to India’s economy?
- Do you think India is over-tertiarised?
Public Economics
Public Economics
Study of economic efficiency, distribution and government economic policy.
Developed out of the original political economy of JS Mill and David
Ricardo. It is a very important branch of economics because of the foundation it provides for practical policy analysis.POVERTY
- Following elements mainly affect the magnitude of the poverty ration
- The nutrition norm in the base year
- Price deflator used to update the poverty line
- Pro rata adjustment in the number of households in different expenditure classes to determine the number of households below and above poverty line.
- Agricultural wage earners, small and marginal farmers and casual workers engaged in non-agricultural activities constitute the bulk of the rural poor