UGC NET Notes

Balance of Payment: Definition, Features & Structure

The world has become a global village. Countries are dependent on each other for trade and perform several transactions. Hence, it becomes important for the nations to keep a record of these foreign transactions. This record kept by the countries...

Jane Austen Famous Works: Novel and Books

Jane Austen is one of the most eminent novelists of all time. Her phenomenal contributions continue sweeping the world off its feet, to date. An in-depth knowledge of Jane Austen, her life and her works is significant in having a...

What is Global Warming – Definition, Causes & Effects?

Global Warming is the most pertinent issue that has plagued the present and future of Life on Earth. It is the gradual rise in the earth's temperature is brought on by the greenhouse effect, which is caused by elevated amounts...

Demand Analysis: Meaning, Functions & Laws

Demand analysis studies how price and other factors affect the volume of a product consumers are willing to buy. It guides businesses and policymakers in understanding market dynamics and making informed opinions. In this article, we will discuss the analytical...

India’s National Action Plan on Climate Change

India, as one of the world's largest developing countries, recognizes the significance of addressing climate change and has taken significant strides in this direction. The National Action Plan on Climate Change (NAPCC) formulated by the Government of India outlines a...

Theory of Cost: Meaning & Types

Cost theories include the study of the behaviour of cost with respect to various production criteria like the scale of operations, prices of the factors of production, size of output, etc. It is all about the financial aspects of production....

What is Soil Pollution – Causes, Effects and Solutions

When abnormally high amounts of harmful compounds are present in the soil, it is referred to as soil pollution. Given the numerous health risks it contains, it is a severe environmental concern and hence a pertinent global issue. Therefore, candidates...

Law of Variable Proportion, Definition, Assumptions & Stages

The Laws of Production are foundational principles that elucidate the dynamics between inputs and outputs in the creation of goods and services. These laws provide crucial insights into resource allocation, production efficiency, and the relationship between different factors of production....

What is Insurance? Meaning and Types of Insurance

Any risk that can be quantified can potentially be insured. There exist different types of insurance to secure the interest of the policyholder. Insurance is a legal contract between the policyholder and the insurance company designed to provide financial coverage...

Edmund Spenser Biography: Life, Work & Achievements

Edmund Spenser is one of the biggest names in English literature. He produced exemplary works of the highest merit and filled the void which was left after Chaucer. His influence, mastery of verse forms, and unique writing style inspired countless...