Blog: Target IAS Kannada

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Gross vs. Net – Indian Economy UPSC Notes

In economics, Gross and Net are terms that describe measurements of economic variables before and after certain adjustments. These terms are most c…

4 Factors of Production – Indian Economy UPSC Notes

The four factors of production are the essential resources used to produce goods and services in an economy. These factors are combined in various …

4 sectors of Economy - Indian Economy UPSC notes

The economy is often categorized into four main sectors based on the type of economic activity they involve. These sectors help to understand how d…

Gross Capital Formation (GCF) & Gross Fixed Capital Formation (GFCF)

Gross Capital Formation (GCF) : Gross Capital Formation (GCF) refers to the total value of physical assets that are created in an economy over a spe…

Production Possibility Curve (PPC) or Transformation Curve – Indian Economy UPSC Notes

Production Possibility Curve (PPC) or Transformation Curve – Indian Economy UPSC Notes

Production Possibility Curve (PPC) or Transformation Curve The Production Possibility Curve (PPC) , also known as the Production Possibility Frontie…

MINIMUM SUPPORT PRICE (MSP) – Indian Economy UPSC Notes

MINIMUM SUPPORT PRICE (MSP) – Indian Economy UPSC Notes

MINIMUM SUPPORT PRICE (MSP) The Minimum Support Price (MSP) is the price at which the Government of India guarantees to purchase crops from farmers,…

Elasticity of Demand – Indian Economy UPSC Notes

Elasticity of Demand – UPSC Notes Definition : Elasticity of demand measures how the quantity demanded of a good changes in response to a change in…

Justin Trudeau's Resignation: Reasons, Implications, and the Road Ahead for Canada

Canadian Prime Minister Justin Trudeau has announced his intention to resign as leader of the Liberal Party and, subsequently, as prime minister.He w…

What are Veblen Goods - Economics UPSC notes

What are Veblen Goods? Definition: Veblen goods are a category of goods for which demand increases as their price rises, defying the law of deman…

What are Luxury Goods - Economics UPSC notes

Luxury Goods is a key concept in economics and is relevant for the UPSC syllabus under topics related to market structures, income inequality, and…

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