Crux of Hindu and PIB Vol. 03
Aspirant Forum presents the Crux of the Hindu and PIB.
Reading the Hindu and PIB is seen as indispensable for any aspirant. Thus, our team has compiled the relevant news items, edited them and put together in a magazine form.
Many other coaching institutes and online sites are selling the similar products at high prices. Thus, to help the fellow aspirants get the same knowledge resources for free, The Crux has been introduced.
Click here to Download Crux of Hindu and PIB Vol 03 [for News of November 2014]
News for December 12, 2014
Important News from The Hindu:
-
States reject Centre’s Goods & Services Tax Bill
[Important for: Prelims/Mains- Economics, Planning in India]
-
12 new Russian reactors, six at Kudankulam
[Important for: Prelims/Mains- Indo-Russia, Nuclear Deal]
-
Congress divided on support to Insurance Bill
[Important for: Prelims/Mains: Economics, Planning of India]
-
Indirect tax collections up 7.1 %
[Important for: Prelims/Mains: Economics, Planning of India]
Editorials You should read:
[Part 2] Henry Fayol: Management and Principles of Administration
Elements of Management
Fayol identified, as we have seen earlier, five elements of management viz., planning, organisation, command, coordination and control which are discussed below.
_HTML/Images/F1_AB_CH4_020.gif "Management by Fayol")
Planning
Fayol used the French term Prevoyance which in French means to ‘foresee’, to ‘anticipate’ and to ‘make plans’. The administration’s chief manifestation and most effective instrument, to Fayol, is the plan of action. Planning enables the separation of the short-run events from the long-range considerations. It endows forethought to the operations of an organisation. Fayol considers that experience is an asset in drawing a realistic plan. To him, unity, continuity, flexibility and precision are the broad features of a good plan of action.
League of Nations: A child with an Bad Fortune
League of Nations was established to bring peace in the world, through peaceful settlement of international disputes. It was formed under the Paris Peace Conference, and came into existence on January 10, 1920. It had its headquarters at Geneva. It was the result of a search for a world organization. US President Woodrow Wilson is regarded as the ‘Godfather’ of the League of Nations.
International Organisations Before the League of Nations
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