[Economy Q] SENSEX calculation

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Before venturing into SENSEX calculation, lets refresh basic concepts of Index calculation, that we saw in WPI calculation Suppose Price of a Lifebouy soap was Rs.10 in 2001. And now it has increased to Rs.12 per bar. We take 2001 as our base year. We take Rs. 10 as our base price. Then our index for 2001, = Price of … Read More

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[Analysis] Essay topic trends in last 19 years (1993-2011) for UPSC civil service IAS exam

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Trouble viewing the charts and tables?  Download the pdf file by clicking me I’m classifying all the essays asked in last 19 years, into 8 broad topics.Topic [bracket shows # of questions asked so far] 1.    Economy (India vs Bharat theme) [12]2.    Education [11]3.    Culture [18]4.    International issues [13]5.    Philosophy [15]6.    Polity & Administration [27]7.    Technology [6]8.    Women empowerment [10] … Read More

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[Economy] A story of Forex, currency conversion, rupee depreciation, inflation, subsidies etc.

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Again in the fond memories of Dev Anand. I’m writing this story so that the newcomers can get some idea about Forex, currency conversion, rupee depreciation, inflation, subsidies etc. (caution : full of technically not-so-correct examples, just to give you a broad idea of what ails Indian economy) Ok here it goes….. Investor: Faith won and lost Enter an American … Read More

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[Economy] The FDI in Retail business pro-cons Single brand vs Multibrand Retail

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In the fond memories of Dev Anand, What’s the difference between Single brand vs Multibrand retail? Single Brand retail · Nike Company opens outlets in A’bad, Banglore, Delhi and Mumbai selling nothing but Nike Shoes, Nike wrist-watches and Nike t-shirts only. · This is single brand retail. · FDI in Single-Brand Retailing was permitted in 2006, to the extent of … Read More

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[Never-ending GS Syllabus] and your chances of success in civil service exam

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Written for those who feel stressed about General studies and their chances of success in civil service exam, We’ve 5 category of players for each topic- Let us take a topic for example: Geography: earthquake, tsunami and volcano. JBPS no0b guy /Lord Curzon: He doesn’t know the difference between earthquake, tsunami and volcano. He filled the application form just because … Read More

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[Topicwise Analysis] Aptitude paper II of CSAT 2011

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Table of Contents Introduction 1 Reading Comprehension 3 LR & DI (Logical reasoning and Data Interpretation) 4 Reasoning 4 Data and GRaph interpretation 4 Quantitative aptitude / Mental ability 5 Conventional mental ability 5 English language (No Hindi questions here) 5 Decision Making (no penalty for any question) 5 Conclusion (again not looking for debates) 7 Speed calculation vs Speed … Read More

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[Topicwise Analysis] General Studies (GS) 2011 CSAT Prelims paper

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Introduction Broad analysis History Polity Geography Climate change-biodiversity Science and technology Economy Social economical development, rights issue, empowerment etc Current international affairs Public policy or yearbook stuff Person in news, sports and awards Conclusion Introduction CSAT 2011 exam was taken on 12 June 2011. There were 100 questions worth 2 marks each. Majority of them were “4 statements true and … Read More

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[Economy] 3 Methods of calculating GDP

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Got this question from mail, what are these income,production and expenditure methods in calulating GDP?how do terms like NNP, NDP, GNP,GDP,NNPFC,NNPMP DIFFER FROM EACH OTHER. what is difference between gdp at constant prices and current prices. its very confusing I’ll deal with each question in one post. First, lets refresh the concepts again. GDP (Gross Domestic Product) means, Money value of … Read More

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