GS paper 3

Types of Banks in India List, Category, Functions, Importance

Types of Banks in India The banking system in India is a large and complex network of banks, financial institutions, and regulatory bodies. The Reserve Bank of India (RBI) is the central bank responsible for regulating and supervising the banking...

Mixed Economy Definition, Examples, Features, Merits & Demerits

Mixed Economy A mixed economy is an economic system that combines elements of both a free market economy and a command economy. In a mixed economy, the government and private sector both play important roles in economic decision-making. In a...

Socialist Economy Definition, Examples, Features, Merits & Demerits

Socialist Economy  A Socialist Economy is an economic system in which the means of production, such as land, factories, and machinery, are owned and controlled by the state or the community as a whole, rather than by private individuals or...

Capitalist Economy, Definition, Examples, Features, Merits & Demerits

Capitalist Economy A Capitalist Economy is an economic system characterized by private ownership of the means of production and distribution of goods and services. In a Capitalist Economy, individuals and businesses are free to make their own economic decisions, and...

Types of Economy System & Sectors, Definition, Examples

Types of Economy There are several types of economy, each with its own characteristics and strengths. The most common Types of Economy include Traditional Economy, Command Economy, Market Economy, Mixed Economy, Green Economy, Sharing Economy, Digital Economy, Developed Economy, Emerging...

Macroeconomics and Microeconomics, Scope, Difference & Limitations

Macroeconomics and Microeconomics  Economics is the social science that studies how individuals, businesses, governments, and societies make choices about how to allocate resources to satisfy their needs and want. Economics is concerned with analyzing how people make decisions, how markets...

Tadoba Tiger Reserve Map, Location, Flora, Fauna & Significance

Tadoba Tiger Reserve Tadoba Tiger Reserve is a wildlife sanctuary located in the Chandrapur district of the state of Maharashtra, India. It is situated in the central part of India and is approximately 150 km from Nagpur city. The reserve...

Amangarh Tiger Reserve Map, Location & Significance

Amangarh Tiger Reserve  The Amangarh Tiger Reserve is situated in the Bijnor district of Uttar Pradesh, India. It was declared a wildlife sanctuary in 2012 and later designated as one of the Tiger Reserves in India in 2014. The reserve covers...

Satkosia Tiger Reserve Map, Flora, Fauna, Significance

Satkosia Tiger Reserve Satkosia Tiger Reserve is located in the Indian state of Odisha, in the eastern part of the country. It is situated in the Angul and Nayagarh districts and covers an area of about 964 square kilometers. The...

Melghat Tiger Reserve Map, Flora, Fauna, Significance

Melghat Tiger Reserve  Melghat Tiger Reserve is located in the Satpura hill range in the Amravati district of Maharashtra, India. It was declared a tiger reserve in 1974, and it covers an area of 1,676 square kilometers. The reserve is...