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VijetaBegginer
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The Importance of Chartered Accountants in Economic Development Chartered Accountants (CAs) play a vital role in the economic development of any country by contributing to financial stability, corporate governance, and economic policy formulation. Their expertise in financial management ensures thatRead more
The Importance of Chartered Accountants in Economic Development
Chartered Accountants (CAs) play a vital role in the economic development of any country by contributing to financial stability, corporate governance, and economic policy formulation. Their expertise in financial management ensures that businesses, both large and small, operate efficiently, leading to enhanced productivity and economic growth. By optimizing tax structures and ensuring compliance, CAs help boost government revenue, which can be reinvested into critical sectors like healthcare, education, and infrastructure, thereby promoting sustainable development.
Furthermore, CAs’ audit and assurance services enhance transparency and accountability within businesses, fostering trust among investors and encouraging domestic and foreign investments. This, in turn, generates employment opportunities, stimulates economic activity, and drives overall national development.
In addition to their work in the private sector, CAs contribute to public policy by offering insights into economic trends and financial analysis, helping governments craft effective fiscal policies. They also promote corporate governance by ensuring businesses adhere to legal and ethical standards, thus fostering a responsible and sustainable business environment.
In conclusion, Chartered Accountants are indispensable in building a robust financial system and contributing to the long-term economic growth of a country, making them key players in national development.
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Navya RamBegginer
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This answer was edited.
Millions of Women are victim sexual violence around the globe. If we talk about India, according to National Crime Record Bureau (NCRB) on an average 90 Rapes are reported per day in India. There are many more unreported crimes against women happen on daily basis. There are many reasons for which thRead more
Millions of Women are victim sexual violence around the globe. If we talk about India, according to National Crime Record Bureau (NCRB) on an average 90 Rapes are reported per day in India. There are many more unreported crimes against women happen on daily basis.
There are many reasons for which the crime against women increasing, few one discussed belt below,
• Education – Education crates ethical and Law-abiding individual. But in current scenario our education system is not reached its full potential. Due to which there are many areas where the children do not get even basic training schooling which impact there overall intellectual growth, which leads to them to attempt immoral activates in society and in their family, like theft, eve teasing women, rape, dowry etc.
Though it is true that can overall crime rate along with crime against women grows due to lack of education but still we cannot blame this only to education. There are many more reasons present in society which causes the crime against women.
• Gender inequality – According to Gender Gap Index India ranked 129th among 146 countries, which indicates the deterioration Gender gap over the Years.
• Poverty – Despite of India’s the rapid economic growth a big sum of people is still under the poverty line, people of this group are more vulnerable to criminal activity along with crime against the women.
• misuse of power- many of times are see societally powerful educated people involve, in crime against women. E.g. Complaint of Sexual abuse by a women IPS officer against her senior in & Dec,2021.Our vigilant judiciary and with law enforcement departments continuously tries to eradicate the problems and crime against women by many laws and punishments. There are NGOs which are solely work for victims of crime. We can still hope a society free form crime.
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Divyansh AroraBegginer
Why do you think there’s a lack of focus on creativity and critical thinking in India’s primary education system, and how can it be improved?
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Mainly it's due the education system build on memorisation and its stagnant nature which does not cater the up coming generation but follows the same curriculum that has been used for a decade or so. The education system in the primary level only focuses on studying and getting grades, this is whereRead more
Mainly it’s due the education system build on memorisation and its stagnant nature which does not cater the up coming generation but follows the same curriculum that has been used for a decade or so. The education system in the primary level only focuses on studying and getting grades, this is where teachers start telling to score well rather than have good skill sets or personal development. You can clearly see that children will know how to score well but they won’t know how to express themselves properly , interpersonal skills can be seen lacking. The education system in itself is built very rigidly to follow one type of studying and it does not cater to different type of students and their pace of learning. Children are made to think but with strict parameters and out of box thinking isn’t always welcome.
To improve these conditions, there is need for a dynamic system which is incorporated with newer technology. Children should be allowed to develop their talents and inter personal skills in the primary level and then importance can be give for scoring . Highly trained teachers who are well equipped with child psychology is needed as well. Classroom should be made into an environment where children have no restriction in their imagination and opinions.
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Divyansh AroraBegginer
How can the Indian education system reduce its heavy reliance on exam-based assessments and encourage holistic development?
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This is an extremely interesting question. My 2 cents on this would be that Indian Education System system, though seen as one of the best in the world, must implement some reforms so as to achieve holistic development and not just award students on the basis of their exam performance. One such refoRead more
This is an extremely interesting question. My 2 cents on this would be that Indian Education System system, though seen as one of the best in the world, must implement some reforms so as to achieve holistic development and not just award students on the basis of their exam performance.
One such reform that has been recognized in recent years by various policy and curriculum changes is the importance of Continuous Evaluation models. This helps in assessing the progress of students through several methods beyond traditional examinations – such as projects, presentations, social work, and research etc. This model provides a more comprehensive view of a student’s abilities and growth.
Another change that can be made is revising curriculums to appraise skills like critical thinking, creativity, and problem-solving to encourage practical interdisciplinary learning through trial -and-error. Students being made to engage in extracurricular activities, such as sports, arts, and being given the time to discover their passions, can also contribute to their overall development.
In conclusion, increasing the activity of parents and the community in the educational system can provide a better support system for students. Moving away from major overemphasis on memorization and high-pressure testing is definitely bound to show better holistic growth in students, educators, and the overall learning system – which will lead to creation of hardworking, smart, adaptable, and empathetic humans.
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What role do you think technology should play in modernizing India’s education system, and how can it be implemented effectively?
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The transition from traditional to technology-driven methods has significantly impacted various sectors, including education, business, communication, and healthcare. Digital technologies have revolutionized these areas, making adaptability crucial in our rapidly changing world. This shift is evidenRead more
The transition from traditional to technology-driven methods has significantly impacted various sectors, including education, business, communication, and healthcare. Digital technologies have revolutionized these areas, making adaptability crucial in our rapidly changing world. This shift is evident in education, where the adoption of advanced tools has enhanced both teaching and learning experiences.
For instance, many Indian schools and colleges have embraced smart classrooms equipped with projectors, interactive whiteboards, and internet access, allowing for more dynamic and engaging learning. According to UDISE+ report 2022, 14.9% of schools in India have adopted smart technologies to enhance the teaching and learning experience.
The below charts shows the statistics report from UDISE+ for the years 2022 and 2024:
Online learning platforms like BYJU’s and Coursera have become popular, providing students with access to a wide range of courses and resources at their convenience.
Moreover, the rise of e-books, digital libraries, and virtual labs has further enriched the educational landscape, offering students new ways to learn and explore. Artificial Intelligence (AI) is also playing a significant role by enabling personalized learning experiences tailored to individual needs.
Government initiatives, such as the National Digital Library and SWAYAM, along with the growth of EdTech startups, have contributed to making quality education more accessible across India. As technology continues to evolve, its role in education will only grow, requiring ongoing innovation and adaptation.
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MENTOR sakuraBegginer
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This answer was edited.
This is your personal experiment I might not be able to tell you the accurate results, because that depends on your personality and your personal life, but I have a theory to both the results and what would be the outcome for either of the results. According to your experiment if you turned out to bRead more
This is your personal experiment I might not be able to tell you the accurate results, because that depends on your personality and your personal life, but I have a theory to both the results and what would be the outcome for either of the results.
According to your experiment if you turned out to be an early bird , it mean studing early in morning made you concentrate more with less distractions , and with fresh mind you can understand topics more clearly, you can start your day early and utilize to more things.
If you turned out to be a night- Owl , you like the calmness and the silent atmosphere which help you focus more on studing and can go on for a long time , leaving no work to postpone for the next day .
Either way if you figure out what’s best for you, you can use these results not only for studying but also for your regular life assignments , making your work easy and managing your schedules accordingly.
I hope whatever result came out of your experiment worked out for you to achieve your goal. And also helped you have a good and healthy lifestyle.
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TeamSupreme
Roadmap for Answer Writing 1. Introduction Purpose: Introduce the significance of IITs and IIMs in the Indian education system. Thesis Statement: State the question regarding whether these institutes should retain their premier status and gain more academic independence in course design and student ...
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Model Answer Introduction The Indian Institutes of Technology (IITs) and Indian Institutes of Management (IIMs) are esteemed institutions that signify academic excellence in India. They have been instrumental in producing highly skilled professionals. However, the question arises: should these premiRead more
Model Answer
Introduction
The Indian Institutes of Technology (IITs) and Indian Institutes of Management (IIMs) are esteemed institutions that signify academic excellence in India. They have been instrumental in producing highly skilled professionals. However, the question arises: should these premier institutes retain their status while gaining more academic independence in course design and student selection criteria?
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Maintaining Academic Excellence
IITs and IIMs are recognized for their high academic standards. Granting them the autonomy to design their own courses could enable them to align curricula with global trends and emerging fields, such as artificial intelligence (AI) and entrepreneurship. For instance, IIT Bombay has already introduced courses in AI and machine learning to keep pace with technological advancements (IIT Bombay, 2021).
Adapting to Changing Dynamics
Increased independence would allow these institutions to swiftly adapt their teaching methods and curricula in response to changing circumstances. For example, during the COVID-19 pandemic, many institutions globally transitioned to online teaching. Institutions with autonomy could implement such changes more effectively, enhancing the learning experience.
Ensuring Equal Opportunities
While autonomy can drive innovation, it raises concerns about adherence to reservation policies that ensure representation of marginalized groups. If IITs and IIMs set their own admission criteria, there is a risk that these policies may be overlooked, further marginalizing certain communities (Ministry of Education, 2020).
Accountability
Given their significant public funding, IITs and IIMs should remain accountable to the public. Increased independence may complicate oversight, making it challenging to hold these institutions accountable for their decisions and actions.
Quality Control
Autonomy could lead to disparities in educational quality across institutes, creating an uneven playing field for students. Ensuring consistent quality across all premier institutes is crucial for maintaining their reputation and the value of their degrees.
Conclusion
While granting greater autonomy to IITs and IIMs could foster innovation and responsiveness, it is vital to balance this with oversight to maintain equal opportunities and accountability. A hybrid model that allows for flexibility while ensuring adherence to social justice principles may be the best approach to address the growing challenges in higher education.
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TeamSupreme
Roadmap for Answer Writing Introduction Begin with an overview of the current state of higher education in India, emphasizing the need for improvements to enhance international competitiveness. State the thesis: The entry of foreign educational institutions could significantly contribute to improving the quality ...
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Introduction: The quality of higher education in India has been a subject of concern, with challenges such as outdated curricula, lack of research orientation, inadequate faculty, and insufficient funding. To make Indian higher education internationally competitive, reforms and innovative strategiesRead more
Introduction:
The quality of higher education in India has been a subject of concern, with challenges such as outdated curricula, lack of research orientation, inadequate faculty, and insufficient funding. To make Indian higher education internationally competitive, reforms and innovative strategies are required. One such approach is the entry of foreign educational institutions.
Benefits of Foreign Educational Institutions:
- Enhancement of Quality and Standards: Foreign institutions often bring international standards of teaching, curriculum design, and research. For instance, the establishment of the Indian School of Business (ISB) in Hyderabad, in collaboration with foreign universities like Wharton and Kellogg, has elevated management education standards in India.
- Research and Innovation: Collaboration with foreign universities can foster a culture of research and innovation. The IITs and IISc have seen an increase in international collaborations, leading to cutting-edge research and joint publications.
- Global Exposure: Students gain exposure to global practices, which enhances their employability. Institutions like Ashoka University, which have international faculty and tie-ups, offer a more globalized education experience.
- Competition and Accountability: The entry of foreign institutions can stimulate competition among Indian universities, pushing them to improve their infrastructure, faculty, and academic offerings.
Challenges:
- Regulatory Hurdles: Foreign institutions may face bureaucratic delays and regulatory challenges, which could limit their effectiveness.
- Equity Concerns: There is a risk that foreign institutions may cater primarily to affluent students, exacerbating existing inequalities in access to quality education.
- Brain Drain: There is a possibility of increased brain drain, with students opting to study at foreign institutions rather than Indian universities.
Conclusion:
The entry of foreign educational institutions can indeed help improve the quality of higher and technical education in India by fostering competition, enhancing standards, and promoting research. However, it is crucial to address regulatory and equity challenges to ensure that the benefits are widespread and inclusive.
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India's economic development post-liberalization (1991) has been driven by several key factors: *Key Drivers:* 1. Policy Reforms: Liberalization, privatization, and globalization 2. Infrastructure Development: Investment in transportation, energy, and telecommunications 3. Human Capital: Education,Read more
India’s economic development post-liberalization (1991) has been driven by several key factors:
*Key Drivers:*
1. Policy Reforms: Liberalization, privatization, and globalization
2. Infrastructure Development: Investment in transportation, energy, and telecommunications
3. Human Capital: Education, skill development, and demographic dividend
4. Foreign Investment: Increased FDI and portfolio investment
5. Service Sector Growth: IT, finance, and tourism
6. Globalization: Integration into global trade and supply chains
*Role of Infrastructure:*
1. Transportation: Improved roads, ports, and airports
2. Energy: Increased power generation and distribution
3. Telecommunications: Expanded mobile and internet connectivity
4. Urban Infrastructure: Development of cities and smart cities initiative
*Policy Reforms:*
1. Trade Liberalization: Reduced tariffs and trade agreements
2. Investment Reforms: Simplified FDI policies
3. Tax Reforms: GST implementation
4. Labor Reforms: Flexible labor laws
5. Financial Reforms: Banking and financial sector liberalization
*Human Capital:*
1. Education: Increased access to primary and higher education
2. Skill Development: Vocational training and entrepreneurship programs
3. Demographic Dividend: Young workforce and favorable demographics
4. Health: Improved healthcare services and outcomes
*Long-term Growth Sustainability:*
1. Innovation and R&D: Encouraging startups and entrepreneurship
2. Institutional Reforms: Strengthening judicial and regulatory frameworks
3. Environmental Sustainability: Addressing climate change and resource depletion
4. Social Inclusion: Reducing poverty and inequality
5. Governance: Effective and accountable governance
*Challenges:*
1. Infrastructure gaps
2. Corruption and bureaucratic inefficiencies
3. Skill mismatch and labor market rigidity
4. Environmental concerns
5. Regional disparities
*Opportunities:*
1. Digitalization and e-governance
2. Renewable energy and sustainable infrastructure
3. Human capital development and skill enhancement
4. Innovation and entrepreneurship
5. Regional economic integration
India’s economic growth post-liberalization has been remarkable, but sustaining long-term growth requires addressing infrastructure gaps, policy reforms, and human capital development, while ensuring environmental sustainability and social inclusion.
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