Licchavi Lyceum

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Licchavi Lyceum

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Geographical Features and Their Impact on History of India

History is shaped by both time (chronology) and space (geography). India’s geographical setting influenced its politics, society, economy, culture, invasions, and trade. The Indian subcontinent includes India, Pakistan, Nepal, Bhutan, and Bangladesh, with India being the largest. Geography explains why India developed as a land of Unity in Diversity. The Himalayan Mountains Stretch nearly 2560 …

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Daily Current Affairs | 23 August 2025

National Affairs The GoM on GST rate rationalisation adopted the Centre’s proposal to scrap 12% and 28% tax slabs, recommending just two slabs at 5% and 18%. This major overhaul simplifies indirect taxation and boosts compliance. India observed the second National Space Day on August 23, 2025, commemorating Chandrayaan-3’s successful Moon landing in 2023. Theme: …

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Gist of NCERT Class 12: Microeconomics

Chapter 1: Introduction to Economics Core Economic Reality: Scarcity and Choice Every society faces the fundamental problem of scarcity – unlimited wants but limited resources. This forces individuals and societies to make choices about how to best use their available resources to satisfy needs and wants. The Three Central Economic Problems All economies must address …

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Gist of NCERT Class 12: Macroeconomics

Chapter 1: Introduction to Macroeconomics What is Macroeconomics? Macroeconomics studies the economy as a whole, focusing on broad economic questions that concern all citizens: Will prices rise or fall overall? Is employment improving or worsening? What indicates economic health? What steps can the State take to improve the economy? Key Difference from Microeconomics Microeconomics: Studies …

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Bihar at a Glance

History of Bihar Ancient Bihar Neolithic Sites in Bihar Magadh Mauryan Empire Gupta Empire Buddhism in Bihar Jainism in Bihar Nalanda University Vikramshila University Regional Dynasties in Bihar Mughal Period in Bihar Sur Empire Bihar under the Nawabs of Bengal Bihar Under British Rule Part II: Historical Journey (approx. 15 pages) Ancient Bihar – Neolithic …

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Gist of NCERT Class 11: Indian Economic Development

Gist of the Chapter 1: Development Policies and Experience (1947–90) This NCERT Class 11 Economics chapter reviews India’s economic policies and achievements in the first four decades after independence. In 1947, India inherited an economy marked by colonial exploitation, poverty, low agricultural and industrial productivity, and inadequate infrastructure. To address these challenges, the government adopted …

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Gist of NCERT Class 10 (Economics): Understanding Economic Development

Gist of the Chapter 1: Development This chapter explains that development is a multi-dimensional concept, not limited to economic growth. It reflects people’s aspirations for better income, security, freedom, equality, dignity, and opportunities. Since needs differ across individuals and groups, development goals often vary and may even conflict. Key Themes: Different Goals of Development: People …

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Gist of NCERT Class 9 [Economics]

Gist of the Chapter 1: The Story of Village Palampur This chapter from NCERT Class 9 Economics explains the basic concepts of production through the story of Palampur, a fictional village that reflects the economic activities of rural India. Farming is the main occupation, employing nearly 75% of the workforce, while the remaining 25% are …

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