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Ricardian theory of rent JKSSB, FAA

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  The Ricardian theory of rent is an economic theory proposed by David Ricardo in the early 19th century. According to Ricardo, rent is the return to the ownership of land and is determined by the difference in the productivity of land. The theory states that land has different fertility levels and that the most fertile land is used first for agriculture. As the population grows and demand for food increases, less fertile land is brought into cultivation. The rent for this less fertile land is higher because it is less productive than the most fertile land. The theory suggests that the value of land is determined by its fertility and location. The most fertile land will command the highest rent, while less fertile land will command a lower rent. Additionally, land located in an area of high demand will command a higher rent than land located in an area of low demand. The theory also states that as the population grows, the demand for food will increase, which will drive up the price of

Good news or KAS aspirants

 its very good news for all aspriants who want to apply for JKPSC kas examination but due to age above 32 years they where unable to apply .  Now LG jammu and kashmir ordered that upper age limit will be increased upto 35years previously it was 32years now apply and start preparing for the examination . wish you best of luck .

PHYSICAL FEATURES OF INDIA #JKSSB

 INDIA'S PHYSICAL PROPERTIES  "Plate Tectonics Theory." According to this idea, the earth's crust (upper portion) is made up of seven major and minor plates. Plate movement causes tensions to build up within the plates and in the continental rocks above, resulting in folding, faulting, and volcanic activity. While some plates converge and form a convergent border, others move apart from each other. Some plates separate and develop divergent boundaries as they move apart from one another. The majority of earthquakes occur along plate borders, however some occasionally occur within the plates. The earliest landmass (the Peninsula portion) belonged to Gondwana. India, Australia, South Africa, South America, and Antarctica were all part of the Gondwana landmass. Convectional currents broke the crust into several parts, causing the Indo-Australian plate to move northward after being detached from the Gondwana landmass. The plate collided with the much larger Eurasian Plate

FIRST IN WORLD #JKSSB

1. The first country to win Fifa football world cup – Uruguay  2. The first country to win Fifa Women world cup – USA  3. The first team to win Cricket world cup – West Indies  4. The first Women team to win Cricket world cup – England  5. The first team to win T20 Cricket world cup – India  6. The first women team to win T20 Cricket world cup – England  7. The first team to win Hockey world cup – Pakistan  8. The first woman team to win Hockey world cup – Netherlands  9. The first team to win Davis cup – USA  10. The first team to win Ryder cup – USA  11. The first team to win Thomas cup – Malaysia  12. The first country to host the modern Olympics – Greece  13. The first batsman to score three test centuries in three successive tests on debut – Mohd. Azharuddin 14. The first team to win the first test match – Australia (1877)  15. The first batsman to score 400 runs in cricket – Brian Lara  16. The first person to reach Mount Everest – Sherpa Tenzing  17. The first woman to reach Mo

ECONOMIC REFORMS 24 JULY In 1991 #JKSSB

India experienced an economic crisis as a result of its external debt, which the government was unable to resolve. make repayments on its international debt; reserves of foreign currency (ii) When income exceeds expenditure,  The government borrows money from banks to cover the deficit. as well as from within the country and from abroad Institutions of international finance (iii) When the government was spending a significant amount of money It spends its money on things that don't pay off right away. There are rewards in areas such as the social sector and defence. There was a need to put the balance of the company's money to good use in a timely manner (iv) foreign exchange reserves fell to an all-time low not enough to cover imports for more than two years weeks. (v) India applied for a loan from the International Bank. IBRD stands for International Bank for Reconstruction and Development. The World Bank and the International Monetary Fund are both known as the World Bank an

Foreign trade #jkssb si

 Foreign trade is the exchange of goods and services between countries throughout the world. International trade, often known as external trade, is the term used to describe it. The Importance of Foreign Trade: Because trade is so vital for economic development, it is a growth engine for an economy. It accounts for a large portion of Gross Domestic Product in developed countries. The following points can be used to justify the importance of foreign trade: Term definition: "International Trade" is defined by Wasserman and Hultman as "transactions involving residents of various countries."

MIXED ECONOMY #JKSSB

  It is an economic system in which the government and the private sector share economic control. It is said to as the "golden medium" of capitalism and socialism. systems of economics The concept of a mixed economy is relatively new, having gained popularity in recent years. Since the second half of the twentieth century, it has risen to prominence. Under this arrangement, the public and private sectors coexist. Industries Defense, atomic energy, and money are all areas of strategic importance. public utilities such as trains and roads, as well as goods and heavy industries The public sector is in charge of power, among other things. Consumer goods are mostly produced by the private sector. goods, Agriculture (including plantations), external trade, and other activities are subject to government regulation. The government, on the other hand, sees both the public and private sectors as equally vital. There is considerable freedom to own private property and pick one's own