Physical Features of India

1. Major Physiographic Divisions A) The Himalayan Mountains Young Fold Mountains (Formed by Indo-Eurasian plate collision). Three Parallel Ranges: Greater Himalayas (Himadri): Highest peaks (Mt. Everest, Kanchenjunga). Lesser Himalayas (Himachal): Hill stations...

Geographical Extent of India

Geographical Extent of India 📌 Latitude and Longitude Latitudinal Extent:From 8°4’N (Cape Comorin, Kanyakumari) to 37°6’N (Indira Col in Jammu & Kashmir) Longitudinal Extent:From 68°7’E (Gujarat) to 97°25’E (Arunachal Pradesh) 🕒 Time...

Banking in the Indian Economy

What is Banking? Banking refers to the business of accepting deposits and providing loans. Banks play a crucial role in mobilizing savings and channeling them into productive investments. 🔹 Structure of Banking in India 1. Reserve Bank of India (RBI) Central bank of...

Economic Reforms

1. Pre-1991 Reforms 1948 Industrial Policy: Mixed economy model (public + private sectors). 1969 Bank Nationalization: 14 major banks taken over by govt. to boost credit flow. 1980s Gradual Liberalization: Limited privatization & tech imports allowed. 2. 1991 LPG...

Basics of Indian Economy

1. Key Characteristics of Indian Economy Mixed Economy: Blend of public (government) and private sectors. Developing Economy: High growth potential but with income inequality. Agriculture-Driven: Employs ~45% workforce but contributes ~15% to GDP. Service Sector...