General Knowledge for Competitive Exams

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Importance of Agriculture in Indian Economy

Nov 6, 2015
As we know that India is an agricultural economy. Its 55% population is involved by agricultural activities and it contributes around 14% of the Indian GDP. Agriculture is the prime contributor in ensuring the food security to 1.26 billion population of the country.

Overview of Agricultural Labour

Nov 6, 2015
Agriculture labourer can be defined as the involvement of any person in connection with cultivating the soil, or in connection with raising or harvesting any agricultural or horticultural commodity, management of livestock, bees, poultry etc.

Operations of Commercial Banks

Nov 6, 2015
Commercial banks (at present 27) form a prominent part of the country’s Financial Institution System. Commercial Banks are those profit making institutions which accept deposits from general public and gives money (loan) to individuals like household, entrepreneurs, businessmen etc. The prime objective of these banks is to earn profit in the form of interest, commission etc. The operations of all these commercial banks are regulated by the Reserve Bank of India, which is the central bank and supreme financial authority in India.

Indian Agro-Production and Pesticides

Nov 6, 2015
Pesticide is defined as any substance or 'mixture of substances, intended for preventing, destroying or controlling any pest including vectors of human or animal diseases, unwanted species of plants and animals. Pesticides are classified according to their use and kinds of applications as insecticides, fungicides, herbicides and, other pesticides.

Causes and Effects of Degrading Natural Resources

Nov 6, 2015
Environmental degradation is the disintegration of the earth, deterioration of the environment through disproportionate consumption of natural assets, and continuous destruction of environment and eradication of wildlife.

Co-operative Credit in India: Meaning, Structure and Evaluation of Performance

Nov 6, 2015
A credit union is a member-owned financial cooperative, democratically controlled by its members. The Co-operative Credit Institutions in India can be classified as under a three-tier structure- Primary Credit Societies at the bottom; Central Co-operative Bank at the middle; and State Co-operative Bank at the top.

What is Agricultural Bio-diversity?

Nov 6, 2015
Biodiversity for food and agriculture includes the components of biological diversity which are essential for feeding human populations and improving the quality of life. It contains the variety and variability of ecosystems, animals, plants and micro-organisms, which are necessary to sustain human life as well as the key functions of ecosystems.

How to Measure Human Development Index?

Oct 30, 2015
The Human Development Index (HDI) is measured on the basis of Life Expectancy Index (Long and healthy life), Education Index (Knowledge) and Income Index (Standard of Living). It was created by Pakistani economist Mahbub-ul-Haq.

Impacts of Green Revolution on India

Oct 30, 2015
In the latter half of the Second Five Year Plan, planners suggested ways and means to increase agricultural production and productivity. So the government introduced an intensive development programme in seven districts selected from seven States around 1966-67, known as Green Revolution in India.

Government Steps for Agricultural Marketing

Oct 30, 2015
Agriculture Marketing can be termed as to organise, promote and develop marketing strategies, processing and storage of agricultural, horticultural and forest produce etc.

Composition & Contribution of Service Sector in India

Oct 30, 2015
The service sector consists of the soft parts of the economy such as insurance, government, tourism, banking, retail, education, and social services. Currently service sector is contributing near about 60 % of Indian GDP. Service sector is also known as tertiary sector.

Five Year Plans before the Liberalisation

Oct 20, 2015
In India the planned economic development begin in 1951 with the inception of first five year plan. The main motive of first five year plan was to improve the condition of agriculture in the country.

Five Year Plans after the Liberalization

Oct 20, 2015
Five year plans are developed, executed and monitored by the NITI Ayog (Prime Minister is the ex-official Chairman). Till date 12 five year plans have been launched in India. The final approval to any five year plan is given by the National Development Council (NDC).

Cooperative Marketing in India: Advantages and Progess

Oct 20, 2015
Cooperative marketing gives an idea of collective efforts to achieve specific objectives to carry out marketing strategy for agricultural products. The cooperative marketing arises due to the prevalence of many defects in the private and open marketing system. This concept was first introduced in the European countries.

Agriculture Inputs and Green Revolution

Oct 20, 2015
Green Revolution in India resulted in increased productivity of different crops. The main instruments behind this increment were the use of high yielding variety seeds, chemical fertilizers and new technology which led to a sharp rise in agricultural productivity during the middle 1960s. The credit for this improvement goes to Nobel laureates Dr. Norman Borlaug and Dr. M.S. Swaminathan. This revolution increased the production of Wheat 2.5 times; Rice 3 times, Maize 3.5 times, Jowar 5 times and Bajra 5.5 times.

Different Types of Agricultural Subsidies Given to Farmers in India

Oct 20, 2015
Government gives different types of subsidies to farmers like, fertilizer, irrigation, equipment, credit subsidy, seed subsidy, export subsidy etc. Current subsidy bill of the government stands at 2.57 lac cr. in 2015-16 which was 2.58 lac cr. in 2014-15.

Agricultural Price Policy in India: Objectives, Advantages and Disadvantages

Oct 20, 2015
The government has formulated a price policy for agricultural produce that aims at securing remunerative prices to farmers to encourage them to invest more in agricultural production. The government announces minimum support prices for major agricultural products every year on the recommendations of the Commission for Agricultural Costs and Prices (CACP).

Agricultural Finance: An Overview

Oct 20, 2015
Rising flow of credit to agriculture is normally associated with buoyancy in the farming sector. In a bonanza for farmers, the government on March 2015 raised agriculture credit target from Rs 50,000 crore to Rs 8.5 lakh crore for 2015-16 fiscal and also announced financial support to enhance irrigation and soil health to achieve higher agriculture productivity.

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