What is ‘Imperfect Competition’ Imperfect competition exists whenever a market, hypothetical or real, violates the abstract tenets of neoclassical pure or perfect competition. Since all real markets exist outside of the plane of the perfect competition model, each can be classified as imperfect. The contemporary theory of imperfect versus perfectRead More →
How did Hinduism originate? Hinduism did not develop from the teaching of any one single founder, unlike Christianity and Buddhism. Moreover, the Hindu tradition is diverse and has a long history of around 3000 years. Wherein, it has developed tremendously over the course of time. The term Hindu originally referredRead More →
Launched: 11 October 2014 Main Objective: Provide insurance cover to rabi and kharif crops and financial support to farmers in case of damage of crops. Aim of Pradhan Mantri Fasal Bima Yojana is to make crop insurance simpler and cheaper for the farmers and to provide them with better insurance services, a CentralRead More →
Launched: 25 June 2015 Main Objective: Housing for all by the year 2022, 2 crore in Urban and 3 Crore homes in Rural areas. This scheme is available for both PMAY(U) urban as well as PMAY(R) rural setup. Pradhan Mantri Awas Yojana (U) is an ambitious scheme of Narendra Modi Government. UnderRead More →
Launched: 9 May 2015 Main Objective: Increase the number of people covered under any kind of pension scheme. Atal Pension Yojana is one of the three Jan Suraksha schemes launched by PM Narendra Modi. APY is aimed at increasing the number of pension scheme beneficiaries across the country. The scheme is especiallyRead More →
Launched: 9 May 2015 Main Objective: Provide life insurance cover to all Indian citizens Pradhan Mantri Jeevan Jyoti Bima Yojana is a government backed life insurance scheme in India aimed at increasing the penetration of life insurance cover in India. The scheme is open and available to all Indian citizens between theRead More →
Launched: 8 April 2015 Main Objective: Financial support for growth of micro enterprises sector. Pradhan Mantri MUDRA Yojana (Micro Units Development and Refinance Agency) was launched with the purpose to provide funding to the non-corporate small business sector. Pradhan Mantri Mudra Yojana (PMMY) is open and is available from all Bank branchesRead More →
Launched: 28 August 2014 Main Objective: Financial inclusion and access to financial services for all households in the country. Pradhan Mantri Jan Dhan Yojana (PMJDY) is a national mission to bring comprehensive financial inclusion of all the households in the country. Under the PMJDY, any individual above the age of 10 yearsRead More →
What is a Nuclear Power Plant? A nuclear power plant is a thermal power station in which the heat source is a nuclear reactor. The heat is then used to generate steam which drives a steam turbine connected to an electric generator which produces electricity. Heat is generated by splitting the Uranium atoms which is also knownRead More →
History of India’s coal India has a long history of commercial coal mining, It started off during the East India Company days when British found coal in the Raniganj Coalfield along the river Damodar. At the time the demand was not that high, but it grew with the introduction ofRead More →