Why do we need to study the history? By learning and understanding history, we get to understand the basic principles on which a society functions. History can give us information about many things such as:- what people ate, what kind of clothes people wore and what kind of houses theyRead More →

How does inflation affect Foreign Investments? You must be familiar with this term called Foreign direct Investment and then there is another term called Foreign Indirect Investment. So together these two terms form Foreign investments. Let’s get to know the difference between direct and indirect foreign investments. Foreign direct Investment (FDI):- ForeignRead More →

Definition:- Biosphere reserves are area where flora and fauna are protected. The Indian government has established 18 Biosphere Reserves. You will find national parks and wildlife sanctuaries residing withing a Biosphere reserve. Following are the list of Biosphere reserves in India:- Year Name Location State Key fauna 1 1986 Nilgiri Biosphere Reserve Part of Waynad, Nagarhole, BandipurRead More →

how import export affect economy

We all are familiar with the terms imports and exports when it comes to international as well as domestic economy. In this article i will tell you how imports and exports affects the economy. Imports are an important indicator and a vital component of the economy. A high level ofRead More →

Classification of Industries in India On the basis of raw materials and finished products, industries are classified as:- Source of raw materials used According to their main role Capital investment Ownership Finished goods 1. Agro-based industries:- Industries that use agricultural raw materials such as – Cotton, jute, silk, woolen textiles, sugar andRead More →