Licchavi Lyceum

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Licchavi Lyceum

START Treaty

The START Treaty, or Strategic Arms Reduction Treaty, is an important agreement between the United States and Russia aimed at reducing the number of nuclear weapons held by both countries. This treaty has been in effect since 2011 and has played a crucial role in maintaining global stability and reducing the risk of nuclear conflict. …

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Ballistic Missile

Ballistic missiles are an essential component of modern military arsenals, designed to deliver a warhead to a target after being launched into the air and following a parabolic trajectory. They were first developed during World War II by Germany.  Today, countries around the world invest heavily in their ballistic missile programs, and they are constantly …

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Monetary Policy: What, Why and Who

Monetary Policy is a tool used by central banks to manage the economy by controlling the money supply and interest rates. The main goal of monetary policy is to promote economic growth, control inflation, and stabilize the economy. In this article, we will discuss the basics of monetary policy and its role in the economy. …

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Fiscal Policy: What, Why and Who

Fiscal Policy is a tool used by governments to manage the economy by adjusting its spending levels and taxation rates. The main goal of fiscal policy is to promote economic growth, control inflation, and stabilize the economy. In this article, we will discuss the basics of fiscal policy and its role in the economy. Overview …

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Inflation

Inflation is defined as the general increase in the prices of goods and services over a period of time. It is measured as the percentage increase in the average price level of a basket of goods and services in an economy. It can be caused by a variety of factors, including an increase in demand, …

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Cyclone

A cyclone is a weather system characterized by strong winds rotating around a center of low atmospheric pressure. Cyclones are among the most powerful and destructive weather phenomena on the planet, capable of causing significant damage to property and loss of life. Formation Cyclones are formed in areas of warm water, typically in the tropical …

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Consumer Price Index (CPI)

The Consumer Price Index (CPI) is a crucial economic indicator that measures changes in the cost of living for households in India. The CPI tracks the price changes of a basket of goods and services consumed by households, including food, housing, healthcare, transportation, and education. Calculation of Consumer Price Index (CPI) The CPI is calculated …

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Wholesale Price Index (WPI)

The Wholesale Price Index (WPI) is a crucial economic indicator that measures the changes in prices of goods at the wholesale level in India. It tracks the average change in the price of a basket of goods traded in wholesale markets, including agricultural products, industrial raw materials, and manufactured goods. Calculation of Wholesale Price Index …

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