Economic Science

Quiz on India Constitution – IC0001

Note: The quiz has five questions. Each has two option one true and other false. Answer with brief explanation will be provided next week. Q1:- Which one of the following reflects the most appropriate relationship between law and liberty A:- if there is Liberty, laws have to be made by the representatives of the people. […]

Quiz on India Constitution – IC0001 Read More »

Is the proper development of economy is the sole responsibility of government (alone)?

By: Vivek Rawat Our country is a democratic country. Most of the things work under the supervision of the government in our nation. Everyone has to follow those rules and regulations which are framed by the system and if any of us try to break the rules, he has to bear the consequences as per

Is the proper development of economy is the sole responsibility of government (alone)? Read More »

Rising economic inequality causes stress compromising social stability

A mechanical system is in equilibrium when no net force is acting on it. Imbalance of forces may cause instability and the system may or may not return to equilibrium. Economic forces put stability of a social system to stress. Rising unemployment, fuel prices, falling rupee, farmer income cause a macroscopic rise in Gini coefficient

Rising economic inequality causes stress compromising social stability Read More »

The factors inhibiting India to rise as a developed economy

There are many reasons why India could achieve only limited modernity. One reason being institutes of higher education remain elitist, they train in areas which were good but more relevant to advance country with the result that their most of graduates ended up serving abroad rather than this land. The other being total neglect of

The factors inhibiting India to rise as a developed economy Read More »

Scroll to Top