Define the following term: (economy)

Tax incidence:  Tax incidence is the entity on whom tax is imposed. It is the distribution of the overall tax burden between sellers and buyers in an economy.     Tax burden:       It is the total amount of tax paid by a particular group of people, an industry etc especially as compared to what other … Read more

DMPQ:Q5. Discuss following term: A) ISHAN VIKAS B) ISHAN UDAY

Ishan Vikas is coordinated by IIT, Guwahati and under the programme, selected school children from North Eastern States are brought in close contact with the Indian Institute of Technology (IITs), Indian Institutes of Science Education and Research (IISERs) and National Institute of Advanced Studies (NIAS) during the vacation period to motivate them to pursue science, … Read more

DMPQ-What do you understand by the term seeker technology and 5G Technology?

  Seeker Technology :The seeker technology is a critical technology that determines the accuracy of a missile. So far, the seeker technology had come from Russia.   The technology is a closely guarded secret.  Mastering it is a significant milestone in missile technology and would reduce import dependence.  The seeker was developed by Research Centre Imarat … Read more

DMPQ-What do you understand by the term Late convergence stall?

‘Late Converger Stall’ refers to the phenomenon wherein a low-income country that hopes to grow into a middle or high-income country, after witnessing a period of high economic growth, fails to achieve its goal. Instead, it gets trapped in its lower income status due to various reasons. Rapid growth witnessed by such countries turns out … Read more

DMPQ: What do you mean by the term strategic disinvestment?

In strategic disinvestment the government sells major portion of its stake to a strategic buyer and also gives over the management control.Under it, the strategic Partner, may hold less percentage of shares than the government but the control of management will be wit him.or example, in a PSU, where the government holding 51%, and out of this, sale of … Read more