What is human development? In 1990 the first Human Development Report introduced a new approach for advancing human wellbeing. Human development – or the human development approach – is about expanding the richness of human life, rather than simply the richness of the economy in which human beings live. It is an approach that is …
The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations. The WTO provides a forum for negotiating agreements aimed at reducing obstacles to international trade and ensuring a level playing field for all, thus contributing to economic growth and development. The WTO also provides a legal …
In 1944, representatives of 44 nations met in Bretton Woods, New Hampshire, to draw up a plan for the post-World War II economic order. Their goal was to avoid a repetition of the destructive policies that could spark another conflict. So they created the IMF to promote international monetary cooperation. Ever since the IMF has …
With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. The World Bank Group is an international partnership comprising 189 countries and five constituent …
The Financial Action Task Force (FATF) is the global money laundering and terrorist financing watchdog. The inter-governmental body sets international standards that aim to prevent these illegal activities and the harm they cause to society. As a policy-making body, the FATF works to generate the necessary political will to bring about national legislative and regulatory …
114th birth anniversary will be celebrated on 26th September 2021. Born as Bhaganwala on the 26th September 1907, Bhagat Singh grew up in a petty-bourgeois family of Sandhu Jats settled in the Jullundur Doab district of Punjab. He belonged to a generation that was to intervene between two decisive phases of the Indian national movement – the …
Subhas Chandra Bose was one of the most eminent freedom fighters of India. Subhas Chandra Bose was born on 23rd January 1897, in Cuttack, Orissa Division, Bengal Province, to Prabhavati Dutt Bose and Janakinath Bose. He was educated in Calcutta acquiring a degree in philosophy. Subhas Chandra Bose was Selected for the Indian Civil Services (ICS) but refused to take …
Preamble An introductory statement in a constitution which states thereasons and guiding values of the constitution. The preamble basically gives idea of the following things/objects: Source of the Constitution Nature of Indian State Statement of its objectives Date of its adoption. The Preamble of the Constitution reads like a poem on democracy. It contains the …
Ramsar site is a wetland site designated to be of international importance. The wetlands are protected under the strict guidelines of the Ramsar Convention on wetlands. It is an intergovernmental Treaty. There are 41 Ramsar sites in India. These are wetlands deemed to be of “international importance” under the Ramsar Convention Ramsar convention Ramsar is a city in …
What is the Ramsar convention and Montreux Record upsc Read More »
You must be using an ATM in your daily activities. We use the ATM for all the work to withdraw money or to whom to send money. But do you know what is the full form of ATM? This question is often asked in many competitive examinations, due to lack of correct information, many candidates …
What is the Full Form of ATM – full form of ATM is “Automated Teller Machine”. Read More »
