Some Interesting Subject-wise Facts and Statistics.
These Facts & Stats are Important for Competitive Exams like UPSC, SSC, RBI, SEBI, NABARD, IBPS etc.
ECONOMY
- For one rupee contributed to Union-
- Developed State such as Tamil Nadu gets 30 paisa in return
- Uttar Pradesh, Bihar get Rs.2 to Rs.3 in return
- India’s Foreign Exchange Reserves: $570.75 Bn (as of 12 Aug 2022)
- Cantillon Effect – Change in the money supply in an economy leads to uneven redistribution of purchasing power among people, changes relative prices of goods and services, and leads to the misallocation of scarce resources
- It is because new money is ‘absorbed’ by specific section(s) initially and takes time to percolate across the remaining economy
- This also emphasize that change in money supply by Central Bank (RBI) has real effect on economy
ENVIRONMENT
- In India, the rich cause 7 times more emissions than the poor
- Carbon Emissions on Food by Top Rich 20% = Total Carbon Emissions by Bottom 20%
- India’s capacity of Energy Projects (as of 30 June 2022):
- Solar Energy: 57.70 GW (China’s Solar capacity: 340 GW)
- Wind Energy: 40.78 GW