General Knowledge

Concept: Inflation refers to the general rise in prices of goods and services over time, reducing the purchasing power of money. In economic analysis, two common measures are headline inflation and core inflation.
Step 1:Understanding Headline Inflation.
Headline inflation measures the overall rate of inflation in the economy, including all components such as:

• Food
• Fuel
• Manufactured goods
• Services

Step 2:Difference between headline and core inflation.

• Headline Inflation: Includes all items, even volatile ones like food and fuel.
• Core Inflation: Excludes volatile components such as food and fuel to show the underlying inflation trend.

Step 3:Conclusion.
Therefore, Headline Inflation refers to:

Concept: The Satyashodhak Samaj (Society of Truth Seekers) was a social reform movement established to promote social equality, education, and the upliftment of the lower castes in India.
Step 1:Identify the founder of the organization.
The Satyashodhak Samaj was founded in 1873 by Jyotirao (Jyotiba) Phule in Maharashtra.
Step 2:Understand its objective.
The main aim of the organization was to:

• Fight against caste discrimination and social inequality.
• Promote education among women and the lower castes.
• Oppose the dominance of Brahminical authority in society.

Step 3:Conclusion.
Thus, the Satyashodhak Samaj was founded under the leadership of:

Concept: Several British Acts were passed to regulate the administration of India by the British. The Charter Act of 1833 was an important constitutional development that centralized legislative power and introduced the position of a Law Member in the Governor-General’s Council.
Step 1:Identify the provision related to the Law Member.
The Charter Act of 1833 added a fourth member (Law Member) to the Governor-General’s Executive Council for legislative purposes.
Step 2:Understand its significance.
The first Law Member appointed under this provision was Lord Macaulay, who played a major role in drafting the Indian Penal Code.
Step 3:Conclusion.
Thus, the Act that first provided for the appointment of a Law Member in the Governor-General’s Council was the: