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Commonly confused Terms: Alternate Dispute Resolution Mechanism

βœ… Mediation: 🀝 A neutral third party helps disputing parties communicate and reach a mutually acceptable agreement.

βœ… Arbitration: βš–οΈ A neutral third party makes a binding decision on the dispute which is called award, based on evidence presented.

βœ… Conciliation: πŸ’‘ A neutral third party offers solutions to help parties reach an agreement.

βœ… Negotiation: πŸ’¬ Parties come together to discuss the issue and try to find a mutually acceptable solution. No third party is involved.

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Commonly confused Terms: Alternate Dispute Resolution Mechanism βœ… Mediation: 🀝 A neutral third party helps disputing parties communicate and reach a mutually acceptable agreement. βœ… Arbitration: βš–οΈ A neutral third party makes a binding decision on the dispute…
Commonly confused terms: WPI and CPI πŸ“ˆ

βœ… Consumer Price IndexπŸ₯—
- The Consumer Price Index (CPI) measures the change in prices of goods and services consumed by households.
- CPI has the base year of 2012 πŸ“†
- It considers changes in the prices of both goods and services. πŸ’°
There are two types of CPI measured by different organizations:
a) CPI by Labor Bureau (Labor & Employment Ministry)
β˜‘οΈ Agri laborer
β˜‘οΈ Industrial worker
β˜‘οΈ Rural laborer
b) CPI by National Statistics Organization (MoSPI)
β˜‘οΈ Rural
β˜‘οΈ Urban
β˜‘οΈ Combined

βœ… Wholesale Price IndexπŸ‘›
- The Wholesale Price Index (WPI) measures the change in prices of goods at the wholesale level.
- It is measured by the Office of Economic Adviser, Ministry of Commerce and Industry.
- WPI has the base year of 2011-12 and solely considers changes in the price of goods not services. πŸ’Ή

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Commonly confused terms: WPI and CPI πŸ“ˆ βœ… Consumer Price IndexπŸ₯— - The Consumer Price Index (CPI) measures the change in prices of goods and services consumed by households. - CPI has the base year of 2012 πŸ“† - It considers changes in the prices of both goods…
πŸ”₯Commonly Confused in organizations in Modern History πŸ€”πŸ€”

✳️ Harijan Sewak Sangh (All India Untouchability League) :- Mahatma Gandhi

✳️ All India Depressed Class League :- Babu Jagjivan Ram

✳️ All India Scheduled Caste Federation/Congress (1942):- B R Ambedkar

✳️ All India Depressed Classes Association (1926):- M C Rajah

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Forwarded from Study UPSC Official
Which of the following is not the parameter for soil assessment in soil health card scheme?
Anonymous Quiz
6%
pH
61%
Electrical Conductivity
9%
Organic Carbon
24%
Oxygen content
Forwarded from Study UPSC Official
Consider the following features :
1. It is the longest lake in India
2. It is the second largest Ramsar site in India. Identify the correct water body?
Anonymous Quiz
25%
Chilika Lake
52%
Vembanad Lake
15%
Kolleru Lake
7%
Wular Lake
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Intellectual Property Rights in India

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πŸ”₯πŸ”₯16 Mahajanapadas of Ancient India

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