Why demonetisation won’t curb black economy?

Why demonetisation won’t curb black economy? Govt. of India’s recent move to demonetise currency notes of Rs 500 & 1000 notes will definitely help in curbing terror funding & fake currency circulation by SAARC nations to India. It is a regular practice by RBI to take out old currency notes after a period of time… Continue reading Why demonetisation won’t curb black economy?

In what mathematical condition you must not queue in at an ATM after denomination of currency?

The GoI has banned old denomination notes of Rs 1000 & 500. For adding new notes of Rs 2000 would require the ATM to be recalibrated which requires 2-3 weeks time. So, the present situation is that most ATMs will be stacked with Rs 100 notes. 》Calculations.  Generally an ATM has 4 cassettes.  1 cassette… Continue reading In what mathematical condition you must not queue in at an ATM after denomination of currency?

Why Unacademy start-up will fail soon?

Unacademy was started by Roman Saini & Gaurav Munjal to revolutionise digital education in India by providing affordable education. It’s  an online education portal for civil service aspirants. ##Great Competition. Unacademy faces stiff challenges from Mrunral, InsightsonIndia, Byju’s, etc. (Just like many coaching centers simultaneously co-exist making profits so can various websites & YouTube channels… Continue reading Why Unacademy start-up will fail soon?

“Integral Humanism” of Pt. Deen Dayal Upadhyaya.

Year 2016 marks the 100th Birth Anniversary of Pt. Deen Dayal Upadhyaya.  He is credited with the doctrine of “Integral Humanism”. 》Integral Humanism. As per Pt. Deen Dayal Upadhyaya principles of Capitalism or Socialism cannot be made the principles of progress & development in India. According to him, India needs to develop an indigenous economic… Continue reading “Integral Humanism” of Pt. Deen Dayal Upadhyaya.

Economics behind demonetization of Rs 1000 & 500 notes in India.

Here’s an analysis of the Government of India’s move to demonetize old Rs 1000 & 500 notes. ##More Money Deposition in Banks. Stagnant money lying in houses (undisclosed & not black money) will get into the banks. It will lead to surplus money in the banking system (the same thing was done through Pradhan Mantri… Continue reading Economics behind demonetization of Rs 1000 & 500 notes in India.

Why civil services aspirants must work part-time?

Given the uncertainty factor in UPSC CSE & the fact that many aspirants give their first attempt after 2-3 years of self-preparation indicates the toughness of the exam. The fierce competition makes it a time-taking process to get through the examination. So, it is advisable to work part-time to become financially independent & to also… Continue reading Why civil services aspirants must work part-time?