Role of World Bank, IMF WTO & other Important International Organisations in world Economy:-

The International Bank for Reconstruction and Development (IBRD), commonly referred to as the World Bank, is an international financial institution whose purposes include assisting the development of its member nation’s territories, promoting and supplementing private foreign investment and promoting long-range balance growth in international trade. The World Bank was established in December 1945 at the … Read more

JAIPUR 21 august 2015 India is to host the second edition of the Forum for India-Pacific Islands Cooperation (FIPIC) in Jaipur on August 21, with all 14 countries of the region participating — nine months after Prime Minister Narendra Modi on a visit to Fiji proposed holding of the second summit in India. of the 14 … Read more

Civil Rebellions and Tribal Uprisings

The backbone of the rebellions, their mass base and striking power came from the rack-rented peasants, ruined artisans and demobilized soldiers CAUSES The major cause of the civil rebellions was the rapid changes the British introduced in the economy, administration and land revenue system. The revenues were enhanced by increasing taxes. Thousands of zamindars and … Read more

Religion and Social Reformers

    Swami Keshawanand- Born at village Magloona in Sikar district of present-day Rajasthan in 1883, Swamiji, whose actual name was Birama, was the son of Thakarsi, a penurious camel-driver, and his wife Saran. The famine of 1899 forced the 16-year-old Birama to leave the desert region and move to Punjab in search of livelihood. … Read more

Components of Money Supply

    Components of Money Supply   M1 Consists of currency with the public (ie notes & coins in circulation minus cash with the banks)   plus demand deposits with the bank (deposits which can be withdrawn without notice) plus   other deposits with RBI (usually negligible). Also called narrow money M2 M1 + saving … Read more

Spread of Modern Education

1781: Hastings set up the Calcutta Madrasah for the study and teaching of Muslim law and related subjects 1791: Jonathan Duncan started a Sanskrit College at Varanasi for the study of Hindu law and philosophy. 1813: Charter of 1813 directed the Company to spend Rs. 1 lakh for promoting modern sciences in the country. This … Read more

Earth Movements – Endogenetic Movements

  The interaction of matter and temperature generates these forces or movements inside the earth’s crust. The earth movements are mainly of two types: diastrophism and the sudden movements. The energy emanating from within the earth is the main force behind endogenic geomorphic processes. This energy is mostly generated by radioactivity, rotational and tidal friction … Read more