My Exam Guide

A cashless society describes to the economic state of a place where financial transactions are not done by cash in terms of physical banknotes or coins instead electronic representation of money or its digital equivalent using cards or digital means is conducted between transacting parties. In a cashless economy, the transaction is done through the transfer of digital information using e-banking, credit cards, debit cards, POS machines, and digital wallets. Many banks and payment gateway companies are already using mobile networks as a channel for extending their transactions of services and goods. Nowadays even small retailers and almost every shop owners are using cashless models like Paytm for transactions. Talking about our country, our economy is still cash-based. Majority of our rural population are unaware of digital money and its transactions. India is the 4th largest user of cash in the world. We have two different worlds within the same nation. One world is equipped wit...

Brain Drain or “Human Capital Flight” refers to the large-scale migration of educated, skilled, capable and talented people from less economically developed and countries with fewer opportunities to developed countries with higher and better standards of living. Brain drain occurs due to conflicting issues, political instability, and push and pulls factors between countries, lack of high paying jobs etc. Brain drain can occur due to factors like Geographical, Organisational and Industrial. Geographical brain drain occurs when capable skilled professionals flee one country or region within a country from their area of residence. Organisational brain drain involves the mass expulsion of highly qualified employees from a company or corporations because they sense a lack of opportunity and instability. Industrial brain drain occurs when skilled employees move from one sector of an industry to another. When a skilled, capable and educated individual moves to another country for better op...

Waste can be of many forms like solid waste, liquid waste or gaseous waste. These waste products can cause pollution to the environment and hamper to all life forms. Hence waste management is crucial for the protection of the environment and health. Waste management is the activities that are put into actions to manage waste from its inception to its effective disposal. Waste management deals with all types of waste whether industrial, biological or households. It includes collection, transportation and disposal of garbage or sewage and treating solid waste and even recycling items that can be reused.                                  With increasing population and urbanisation, waste production has increased on a greater scale. The practice of uncontrolled dumping of waste on the outskirts of cities and towns without proper treatment creates a serious environment and human health problems. The...