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 →
History of United Nation The name "United Nations", coined by United States President Franklin D. Roosevelt was first used in the Declaration by United Nations of 1 January 1942. In 1945, representatives of 50 countries met in San Francisco at the United Nations Conference on International Organiza →
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 of the Organization: The Medical Council of India was established in 1934 under the Indian Medical Council Act, 1933, now repealed, with the main function of establishing uniform standards of higher qualifications in medicine and recognition of medical qualifications →
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