TSPSC Prelims and Mains Notes-TSPSC 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
On 29th January 1780, the Hickey’s Bengal Gazette or the Calcutta General Advertizer was published. It was the first English newspaper to be printed in the Indian sub-continent. The press was the chief instrument of forming a nationalist ideology The resolutions and proceedings of the Congress were propagated through press. Trivia: nearly one third of … Read more
Classcial Theories: Halley’s Thermal concept: Indian monsoon is because of contrast between Indian Subcontinent and adjoining Indian Ocean. Halley’s theory, suggested in 1686, considers the summer monsoon to be a regional phenomenon. Aerological concept: This was suggested by R. Scherhag in 1948. According to this theory, monsoon circulation develops due to changes in air … Read more