ECONOMY

Definition: A soft landing is a technique in aviation that involves landing an aircraft smoothly on the ground without exceeding the aircraft’s speed or damaging its landing gear. Process: Flaps Down: Flaps are extended to increase lift and reduce drag, improving the aircraft’s maneuverability and low-speed stability. Smooth Power Reduction: The pilot smoothly reduces the […]

NAFED – National Agricultural Cooperative Marketing Federation of India Ltd. The National Agricultural Cooperative Marketing Federation of India Limited (NAFED) is a apex body of 16 State Cooperative Marketing Federations (SCMFs) and 5 Central Cooperative Marketing Federations (CCMFs) in India. Established in 1952, NAFED is a leading organization in the agricultural marketing sector, promoting the […]

Definition: Emigration is the act of leaving one’s home country to permanently relocate to another country. It is a voluntary movement of people from one country to another, usually seeking better economic opportunities, political asylum, or other reasons. Types of emigration: Forced emigration: Occurs when a government compels its citizens to leave their home country. […]

The word “scrip” is a word meaning “letter” in Old English. It is also used in the sense of a document, such as a bill or a treaty. The word “script” is a word that is derived from the same root as “scrip.”

Freudian Motivation Theory Freudian motivation theory, developed by Sigmund Freud in the late 19th century, is a psychoanalytic theory that emphasizes the role of unconscious processes in motivation. According to Freud, motivation is driven by three fundamental instincts: id, ego, and superego. Id:– The id is the primitive, instinctual part of the personality that is […]

Moral hazard is a situation in which one party to a transaction can take actions that affect the outcome of the transaction, but the other party cannot observe or control those actions. This can lead to moral hazard problems, in which one party may take actions that are not in the best interests of the […]

Definition: The inflationary gap is the difference between the rate of inflation (the rate of increase in prices) and the rate of economic growth. Explanation: Positive inflationary gap: When inflation is higher than economic growth, it is said to have a positive inflationary gap. Negative inflationary gap: When inflation is lower than economic growth, it […]