terms

DMPQ: . Explain the following terms: a) Sunrise Industry b) Foot loose Industry

Sunrise Industry: Sunrise industry is a colloquial term for a burgeoning sector or business that is just in its infancy but shows promise of a rapid boom. A sunrise industry is typically characterized by high growth rates, numerous start-ups and an abundance of venture capital funding. Sunrise industries generally have plenty of “buzz” surrounding them as public … Read more

DMPQ: Explain the following terms: a) The Built operate and transfer (BOT) Annuity Model b) BOT toll model c) Engineering, Procurement and Construction Model

The Build Operate and Transfer (BOT) Annuity Model   Under BOT annuity, a developer builds the highway, operates it for a specified duration and transfers it back to the government. The government starts payment to the developer after the launch of commercial operation of the project. Payment will be made on a six month basis. … Read more

DMPQ: Explain the terms mentioned in the pardoning power of the President.

Pardoning powers granted under article 72 of the constitution to the President   Pardon – It removes both the sentence and the conviction and completely absolves the convict from all the sentences, punishments and disqualifications. Commutation – It denotes the substitution of one form of punishment for a lighter form. Remission – It implies reducing … Read more

DMPQ- Discuss the following terms: a) IMPRINT b) STAR

IMPRINT: IMPRINT is the first of its kind MHRD supported Pan-IIT + IISc joint initiative to address the major science and engineering challenges that India must address and champion to enable, empower and embolden the nation for inclusive growth and self-reliance. This novel initiative with twofold mandate is aimed at: (a) Developing new engineering education … Read more

Nuclear Tech Terms, Radioactivity And Its Application

 Quick Revision ( SCIENCE SERIES, Art 2):   NUCLEAR TECHNOLOGY, RADIOACTIVITY and Its application     Nuclear technology: Nuclear technology is technology that involves the nuclear reaction of atomic nuclei. Among the notable nuclear technologies are nuclear reactors, nuclear medicine and nuclear weapons.   BASIC CONCEPTS: Nuclear energy: The energy produced due to changes … Read more

DMPQ: Explain the following terms: (Economy)

Withholding tax: A tax imposed on the income on a foreign portfolio (investments). This tax is imposed to discourage foreign investments, to encourage domestic investment, and to raise money for the government.   Venture capital: Generally, a private equity capital which lends capital to the entrepreneurs who are innovative and cannot get the required fund … Read more