Civil Services Exam Classes

Stampedes are now a days in the news mostly. In recent times In the month of December we saw, Stampede at Sandhya Theatre in Hyderabad. Later we saw at Tirumala Temple in Andhra and now very recently at Maha Kumbh in UP. What do you think are the Reasons for this and why they happen very frequently?                                          It is very easy to blame the Govt. Or the Actor in the Hyderabad case for the incident. But it is very true that no one does it knowingly. These incidents serve as guidance for future handling of mega events. In a lot of cases what happens is due to barriers like stones, garbage in the way many people move slowly and the people from back come at the usual speed. This congestion creates choke points. Also if there is any special attraction or any barriers a lot of people accumulate at the place. This also increases the crowd density. Mos...

 Rupee Depreciation has been one of the hot topics in the recent TV Debates and all over the media. What’s actually the issue? Let’s Deep dive. Have you ever had a thought why 1 Rupee is not equal to 1 USD. Actually it was, In 1947 while India achieved independence as it did not have any external debt. But it saw a first major devaluation in the year 1966 due to Indo Pak War in 1962 and the Indo China War in 1965 which led to the government spending a lot on them thus led to financial crises in India. Foreign Aids and IMF Loans came with a condition to devalue from 1 $ = 4.76 Rupee to 7.50 Rupee. Over the period of 25 years it further depreciated to 17.5 Rupees in 1991. In 1991 India faced the Balance of Payment crisis. It’s such a grave situation that our forex reserves fell to less than $1 billion which were barely enough for less than 2 weeks of imports. Then the IMF offered a Bailout loan on the condition of opening up the Indian economy to the outer world...