Thursday, 27 June 2013

Today's GK



1. Kevin Rudd is new Australian Prime Minister.  Kevin Michael Rudd is the 26th Prime Minister of Australia, as well as Leader of the Labor Party.
2. US Announced 150000 US Dollar Financial Aid for Uttarakhand
3. Muthoot Finance Got In-Principal Approval from RBI to Establish White Label ATMs
4. Prime Minister of India Flagged Off Banihal- Qazigund Rail Link in J&K
5. India Third Most Attractive Destination for Investment in the World: UNCTAD
6. Australian Parliament approved New Labour Law regulating Foreign Workers
7. Bankim Chandra's birth anniversary today
 8. Kerala CM to receive UN award today
9. CAD touches record high of 4.8% in 2012-13
10. Elbegdorj Tsakhia wins Mongolia presidential election

Indus Valley Civilization (2500 BC • 1500 BC)

From the beginning of the 4th millennium BC, the individuality of the early village cultures began to be replaced by a more homogenous style of existence. By the middle of the 3rd millennium, a uniform culture had developed at settlements spread across nearly 500,000 square miles, including parts of Punjab, Uttar Pradesh, Gujarat, Baluchistan, Sindh and the Makran coast. It was a highly developed civilization and derived its name from the main river of that region— Indus.The cities were far more advanced than their counterparts in prehistoric Egypt, Mesopotamia or anywhere else in Western Asia.

Important Discoveries Year Site Discovered by
192I Harappa Dayaram Sahni
I922 Mohenjodaro R. D. Banerjee
I927 Sutkagendor R. L. Staine
I93I Chanhudaro N. G. Majumdar
1953 Rangpur M. Vats
I953 Kalibangan A. Ghosh
[955-56 Ropar Y. D. Sharma
I957 Lothal S. R. Rao
1972-75 Surkotada .I. Joshi
1973-74 Banwali R. S. Bisht

Difference Between Pre-Harappan and roto-Harappan

Cultures

Cultures that preceded Harappan culture are pre-Harappan, while proto-Harappan cultures are those pre- Harappan cultures which have some close similarities with the Harappan culture or which may be said to have aniieipated certain essential elements of Harappan culture. In shun, all prolo-Harappan cultures are necessarily pre-Harappan cultures, but all pre-Harappan cultures are not necessarily proto-Harappan cultures.
 

Script and Language

Harappan script is regarded as pictographic since its signs represent birds, fish and a variety of human forms. The script was boustrophedon. written from right to left in one line and then from left to .right in the next line. The number of signs of the Harappan script is known to be between 400 and 600. The language of the Harappans is still unknown and must remain so until the Harappan script is deciphered.

Pottery

Harappan Pottery is bright or dark red and is uniformly sturdy and well baked. It is chiefly wheel made, and consists of both plain and painted ware, the plain variety being
more common. Harappan people used different types of pottery such as glazed, polychrome, incised, perforated and knobbed. The glazed Harappan pottery is the earliest example of its kind in the ancient
world. On the whole, Harappan pottery was highly utilitarian in character, though the painted designs on some pieces show a remarkable artistic touch.

Seals

They are the greatest artistic creations of the Indus people. Most commonly made of steatite (soft stone). The technique of cutting and polishing these seals with white luster was a unique invention of the Harappans. The majority of the seals have an animal engraved on them with a short inscription. Unicorn is the animal most frequently represented on the seals. Main type - (a) the square type with a carved animal and inscription, (b) the rectangular type with inscription only.

Burial Practices

Three forms of burials are found at Mohenjodaro, viz. complete burials. fractional burials (burial of some bones after the exposure of the body to wild beasts birds) and post-cremation burials. But the general practice was extended inhumation, the body lying on us back, with the head generally to the north.

Religion

The chief male deity was the Pashupati Mahadeva (proto-Siva), represented in seals as sitting in a yogic posture on a low throne, and having three faces and two horns. He is surrounded by lour animals (elephant, tiger, rhino and buffalo), each lacing a different direction, and two deer appear at his feel. The chief female deity was the Mother Goddess, who has been depicted in various forms There is sufficient evidence for the prevalence of phallic worship. Numerous stone symbols of female sex organs (yoni worship), besides those of the phallus, have been discovered. The worship of fire is proved by the discovery of fire altars at Lothal. Kalibangan and Harappa. Indus people also worshipped Gods in the form of trees (piapal, etc.) and animals (unicorn etc) Further they believed in ghosts and evil forces and used amulets as protection against them.


Trade and Commerce

Inter regional trade was carried on with Rajasthan, Saurashtra, Maharashtra. South India, parts of Western Uttar Pradesh and Bihar. Foreign trade was conducted mainly with Mesopotamia and Bahrain. Trade was carried on by overland as well as overseas transport. Bullock carts and pack-oxen were employed for land transport. There is evidence of sea and river transport by ships and boats in several seals and terracotta models, apart from the dockyard at Lothal. The Sumerian texts refer lo trade relations with Meluha’ which was the ancient name given to Indus region and they also speak of two intermediate stations called Dilmun (identified with Bahrain) and Makan (Makran coast).

Decline

After 2000 BC, the Indus culture slowly declined and gradually faded out. Some ascribe this to the
decreasing fertility of the soil t)ii account of the increasing salinity, caused by the expansion of the
neighbouring desert. Others attribute ii to some kind of depression in the land, which caused Hoods. Still others point out that the Aryans destroyed it. According to some scholars, decline of trade, particularly oceanic trade with the Sumerians, must have contributed partly in the decline. Even though there are various theories for the downfall of this civilization, the most accepted version is that of ecological destruction.

Heat

·         Temperature is a relative measure, or indication of hotness or coldness.
·         Heat is the form of energy transferred between two (or more) systems or a system and its surroundings by virtue of temperature difference. The SI unit of heat energy transferred is expressed in joule (J) while SI unit of temperature is kelvin (K), and °C is a commonly used unit of temperature.
·         Thermometer is a device used for measuring temperatures. The two familiar temperature scales are the Fahrenheit temperature scale and the Celsius temperature scale. The Celsius temperature (tC) and the Farenheit temperare (tF) are related by: tF = (9/5) tC + 32
·         In principle, there is no upper limit to temperature but there is a definite lower limit- the absolute zero. This limiting temperature is 273.15° below zero on the celsius scale of temperature.
·         Clinical thermometer is used to measure our body temperature. The range of this thermometer is from 35°C to 42°C. For other purposes, we use the laboratory thermometers. The range of these thermometers is usually from –10°C to 110°C. The normal temperature of the human body is 37°C.
·         The heat flows from a body at a higher temperature to a body at a lower temperature.There are three ways in which heat can flow from one object to another. These are conduction, convection and radiation.
·         The process by which heat is transferred from the hotter end to the colder end of an object is known as conduction. In solids, generally, the heat is transferred by the process of conduction.
·         The materials which allow heat to pass through them easily are conductors of heat. For examples, aluminium, iron and copper. The materials which do not allow heat to pass through them easily are poor conductors of heat such as plastic and wood. Poor conductors are known as insulators.
·         In convention heat is carried from one place to another by the actual movement of liquid and gases. In liquids and gases the heat is transferred by convection.
·         The people living in the coastal areas experience an interesting phenomenon. During the day, the land gets heated faster than the water. The air over the land becomes hotter and rises up. The cooler air from the sea rushes in towards the land to take its place. The warm air from the land moves towards the sea to complete the cycle. The air from the sea is called the sea breeze. At night it is exactly the reverse. The water cools down more slowly than the land. So, the cool air from the land moves towards the sea. This is called the land breeze.
·         The transfer of heat by radiation does not require any medium. It can take place whether a medium is present or not.
·         Dark-coloured objects absorb radiation better than the light-coloured objects. That is the reason we feel more comfortable in light-coloured clothes in the summer. Woollen clothes keep us warm during winter. It is so because wool is a poor conductor of heat and it has air trapped in between the fibres.
·         A change in the temperature of a body causes change in its dimensions. The increase in the dimensions of a body due to the increase in its temperature is called thermal expansion. The expansion in length is called linear expansion. The expansion in area is called area expansion
The expansion in volume is called volume expansion.
The amount of heat energy required to raise the temperature of 1g of a substance through 1° is called specific heat capacity of the substance. The S.I. Unit of specific heat capacity is( J/kg) K. Water has the highest specific heat capacity which is equal to 4200 (J/kg )K.
The specific heat capacity is the property of the substance which determines the change in the temperature of the substance (undergoing no phase change) when a given quantity of heat is absorbed (or rejected) by it. It is defined as the amount of heat per unit mass absorbed or rejected by the substance to change its temperature by one unit. It depends on the nature of the substance and its temperature.
The amount of heat energy required to raise the temperature of a given mass of substance through 1° is called heat capacity or thermal capacity of the substance. It’s S.I. Unit is (J/K).
Calorimeteric  means measurement of heat. When a body at higher temperature is brought in contact with another body at lower temperature, the heat lost by the hot body is equal to the heat gained by the colder body, provided no heat is allowed to escape to the surroundings. A device in which heat measurement can be made is called a calorimeter.
CHANGE OF STATE: Matter normally exists in three states: solid, liquid, and gas. A transition from one of these states to another is called a change of state. Two common changes of states are solid to liquid and liquid to gas (and vice versa). These changes can occur when the exchange of heat takes place between the substance and its surroundings.
The change of state from solid to liquid is called melting and from liquid to solid is called fusion. It is observed that the temperature remains constant until the entire amount of the solid substance melts. That is, both the solid and liquid states of the substance coexist in thermal equilibrium during the change of states from solid to liquid.
The temperature at which the solid and the liquid states of the substance in thermal equilibrium with each other is called its melting point. It is characteristic of the substance. It also depends on pressure. The melting point of a substance at standard atmospheric pressure is called its normal melting point.
The change of state from liquid to vapour (or gas) is called vaporisation. It is observed that the temperature remains constant until the entire amount of the liquid is converted into vapour. That is, both the liquid and vapour states of the substance coexist in thermal equilibrium, during the change of state from liquid to vapour.
The temperature at which the liquid and the vapour states of the substance coexist is called its boiling point. At high altitudes, atmospheric pressure is lower, reducing the boiling point of water as compared to that at sea level. On the other hand, boiling point is increased inside a pressure cooker by increasing the pressure. Hence cooking is faster.
The boiling point of a substance at standard atmospheric pressure is called its normal boiling point.
However, all substances do not pass through the three states: solid-liquid-gas. There are certain substances which normally pass from the solid to the vapour state directly and vice versa. The change from solid state to vapour state without passing through the liquid state is called sublimation, and the substance is said to sublime. Dry ice (solid CO2) sublimes, so also iodine. During the sublimation process both the solid and vapour states of a substance coexist in thermal equilibrium.
Certain amount of heat energy is transferred between a substance and its surroundings when it undergoes a change of state. The amount of heat per unit mass transferred during change of state of the substance is called latent heat of the substance for the process.
The amount of heat energy supplied to a solid at its melting point, such that it changes into liquid state without any rise in temperature is called latent heat of fusion and that for a liquid-gas state change is called the latent heat of vaporisation.
 Newton’s Law of Cooling says that the rate of cooling of a body is proportional to the excess temperature of the body over the surroundings.

Wednesday, 26 June 2013

Today's GK



1. Oprah Winfrey named most powerful celebrity by Forbes 
2. European Commission approved Takeover of NYSE-Euronext
3. India and Hungary Signed Agreement for Gas Monitoring System
4. Omar warns against revoking Article 370  
5. Rupee ends at historic low of 60.72 
6. Intel launches 4th generation core processors  
7. U.S.-based retail giant Wal-Mart on Wednesday said its head of Indian business Raj Jain has left the company, while naming Ramnik Narsey as the interim head of the unit here.

ECONOMIC GROWTH



Economic growth is the change- increase or decrease, in the value of goods and services produced by an economy. If it is positive, it means an increase in the output and the income of a country. It is generally shown as the increase in percentage terms of real gross domestic product (GDP adjusted to inflation) or real GDP.

Measuring Growth

Measures of national income and output are used in economics to estimate the value of goods and services produced in an economy. They use a system of national accounts or national accounting. Some of the common measures are Gross National Product (GNP) and Gross Domestic Product (GDP).

National income accounting

National income accounting refers to a set of rules and techniques that are used to measure the national income of a country.
GDP is defined as the total market value of all final goods and services produced within the country in a given period of time- usually a calendar year or financial year.
GDP can be real or nominal. Nominal GDP refers to the current year production of final goods and services valued at current year prices. Real GDP refers to the current year production of goods and service valued all base year prices. Base year prices are Constant prices.
In estimating GDP, only final marketable goods and services are considered. Only their values are added up and they pertain to a given period. When it is compared to the base year figure, the growth levels are seen.
To explain further, gains from resale are excluded but the services provided by the agents are counted. Similarly, transfer payments (pensions, scholarships etc) are excluded as there is income received but no good or service produced in return. However, not all goods and services from productive activities enter into market transactions. Hence, imputations are made for these non-marketed but productive activities: for example, imputed rental for owner-occupied housing.

Market Price and Factor Cost

Market price refers to the actual transacted price and it includes indirect taxes- custom duty, excise duty, sales tax, service tax etc.
Factor cost refers to the actual cost of the various factors of production includes government grants and subsidies but it excludes indirect taxes.
Relationship between market price and factor cost.
GNP at factor cost = GNP at market price - indirect taxes + subsidies
GDP at factor cost = GDP at market price - indirect taxes + subsidies

Factor costs

Factor costs are the actual production costs at which goods and services are produced by the firms and industries in an economy. They are really the costs of all the factors of production such as land, labour, capital, energy, raw materials like steel etc. that are used to produce & given quantity of output in an economy. They are also called factor gate costs (farm gate, firm gate and factory gate) since all the costs that are incurred to produce a given quantity of goods and services take place behind the factory gate i.e. within the walls of the firms, plants etc in an economy.

Transfer Payments

Transfer payment refers to payments made by government to individuals for which there no economic activity is produced in return by these individuals. Examples of transfer are scholarship, pension.