Monetary policy involves changing the interest rate and influencing the money supply. Fiscal policy involves the government changing tax rates and levels of government spending to influence aggregate demand in the economy. They are both used to pursue policies of higher economic growth or controlling inflation.
The National Action Plan on Climate Change (NAPCC) encompasses a range of measures. It focuses on eight missions, which are as follows: National Solar Mission: The NAPCC aims to promote the development and use of solar energy for power generation and other uses, with the ultimate objective of making solar competitive with fossil-based energy options. … Read more
The Vedic Age started with the Aryan occupation of the Indo-Gangetic Plains. Meaning of the word Arya: Noble. They spoke Sanskrit, an Indo-European language. They led a rural, semi-nomadic life as compared to the Indus Valley people who were urbanised. It is believed that they entered India through the Khyber Pass. Political structure: Monarchical form … Read more
The term “Rule of Law” is derived from the French phrase ‘La Principe de Legality’ (the principle of legality) which refers to a government based on principles of law and not of men. The DICEY’S THEORY of the Rule of Law consists of three main principles: Absence of discretionary powers and supremacy of Law: viz. … Read more
Quantum computing is paving the way for the development of fifth generation of computers. It scores over existing computing methods by performing more efficient algorithms than traditional computing. Quantum computing relies on quantum physics by taking advantage of certain quantum physics properties of atoms or nuclei that allow them to work together as quantum bits, … Read more