Prof. Amartya Sen is the recipient of the Nobel Prize for Economics for the year 1998, becoming the first Asian to have been honoured with the award. The Santiniketan-born economist who is a pioneer in Welfare Economics has to his credit several books and papers on aspects of welfare and development.#GK# An economist with a difference, Prof. Sen is a humanist. He has distinguished himself with his outstanding writings on famine, poverty, democracy, gender and social issues. The 'impossibility theorem' suggested earlier by Kenneth Arrow states that it was not possible to aggregate individual choices into a satisfactory choice for society as a whole. Prof. Sen showed mathematically that societies could find ways to alleviate such a poor outcome.
Print media are lightweight, portable, disposable publications printed on paper and circulated as physical copies in forms we call books, newspapers, magazines, and newsletters. They hold informative and entertaining content that is of general or special interest. They are published either once or d →
Foundation Date: September 11, 1961 Headquarter: Gland (Switzerland) President & CEO: Carter Roberts Member Countries: All the countries of the world WWF was established in 1961 by a group of passionate and committed individuals who sought to secure the funding necessary to protect places and →
In 2009, an unknown programmer by the name of Satoshi Nakamoto put forward a whitepaper that proposed a creation of new form of digital currency - cryptocurrency. Cryptocurrency functions the same way as regular currencies do in that its used as a means of exchange, unit of account and a store of va →
Headquarter: New Delhi Function and Objective of the Organization: The Food Safety and Standards Authority of India (FSSAI)has been established under Food Safety and Standards Act, 2006 which consolidates various acts & orders that have hitherto handled food-related issues in various Ministries →
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