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Series on Basics of Economics Part 10: Black Money: Definition : There is no official definition of the black money in economic theory, with several different terms such as black money, parallel economy, unaccounted economy, illegal economy black incomes, and irregular economy all being used more or less synonymously. The simplest definition of black money could be money that is hidden from tax authorities. So, black money can come from two broad categories: 1. Illegal activity and 2. Legal but unreported activity. The first category is the obvious one, i.e. money that is earned through illegal activity is obviously not reported to the tax authorities, so it is black. The second category comprises income from the legal activities that are not reported to the tax authorities. A large number of small shops around the country almost exclusively seen doing business in cash without any receipts. All of this could potentially be black money. Another major source of black money is

Ten Books Everyone must-read in a lifetime! 1. To Kill A Mockingbird by Harper Lee 2. The Alchemist by Paulo Coelho 3. Pride and Prejudice, by Jane Austen 4. The Diary Of A Young Girl, by Anne Frank 5. The Kite Runner, by Khaled Hosseini 6. A Tale of Two Cities, by Charles Dickens 7. Sapiens by Yuval Noah Harari 8. 1984, by George Orwell 9. The White Tiger by Aravind Adiga 10. Man's Search for Meaning by Victore Frankl List Compiled by Behere Classes ( www.behereclasses.com )

FYJC 11th General Admission Rules and Regulations: - If you are willing to join FYJC 11th, you must primarily check the number of streams available. As per the admission rules, students will have a chance to select only one stream. Even though many colleges offer admission to FYJC in different streams, some colleges reserve seats exclusively for students who score good marks and rank in the merit list. After filling the seats that were reserved for bright students, seats under various quotas are filled While selecting the colleges, numerous options will be available to the students. However, students will be allowed to choose only 10 colleges. Therefore, think properly before taking any decision. If you wish to change the stream, you can do the same during the admission rounds. If you change the stream, your seat will be allocated to another student. Therefore, you can’t switch back then.   FYJC Instructions for Non-State Board Students: St

You can do incredible things in 30 days. Many of us only do a fraction of what is possible because of our thinking, our planning, and the obstacles that throw us off course. But what if you could plan for all that? Last month, I challenged myself to accomplish an ambitious goal in 30 days. Without any idea how I’d do it, I challenged myself to make an extra $1,000 in one month. I used 6 simple steps to get me to my goal. The result? I didn’t just hit it, I  smashed  it. I made more than $1,500 in 30 days, and blew my own mind. These are the exact steps I used to do it. Use them for any goal you want to achieve this month: 1. Pick your goal Make it something that will require you to  do  and is achievable in 30 days. Push yourself. Be sure it’s concrete and measurable. How will you know that you’ve achieved your goal? Decide on the exact date and time you will have the goal accomplished for.  Write down your goal and the date you’ll have it completed by   and keep it

Time is money- A lesson for everyone Time is Money, Time is priceless and Time is precious, all the taglines are almost with the same meaning. Overall, time refers as that unstoppable thing which just runs and runs and can never wait and comes back for anyone. Time neither can be purchased nor can be stored, you just have to live your life according to always running time with better use of it. Importance of time differs for all age of people. Once a kid is grown up, his or her childhood never comes back; similarly a student always tries his/her best throughout the year for getting good marks or grade just because they know the importance of time. A person gets life for once only and this is the biggest fact of universe. It is only depends on us that how we use it, whether we get lots of achievement during our life or just spoil it by wasting our precious time. Intelligent people are those who manage and live according to the time by using each and every moment of their precio

How to study for long Hours We all have faced examination traumas and know how difficult it is to finish an entire year’s syllabus in just a week or maybe even a day. It is when examinations are knocking on our doors that we panic and search for ways to complete everything as soon as possible. We think of studying for 12 to 16 hours straight. You may have heard many say that long hours study methods are ineffective but we all swear by last moment studies. Let us look at some pointers that explain us tips to study for long hours effectively. How to Study for Long Hours Without Getting Distracted: Distractions are common, especially when students are studying. In today’s internet-friendly world where  Facebook , Whatsapp, Mobile, etc. have become an integral part of our lives the chances of getting distracted easily are even more. To overcome all such distraction while studying you can follow these tips. 1)        Put your phone on silent mode 2)        Switch off y

6 Ways to use your time wisely Time is arguably our most valuable commodity. Unlike treasured gems, precious metals, and any other prized possessions, time can’t be hoarded, collected, earned, or bought with hard work, money, dignity, or our soul. It slips away whether or not we choose to pack meaning into it. Use it or lose it, so goes the saying. So here are the ways students can use their time wisely. 1. Plan activities logically: Get to know your bodily cycle; then, schedule activities around it as much as possible. If you always feel sleepy after lunch, for example, use the time to get in your daily walk, instead of fighting to keep your eyes open over a history book. 2. Use a calendar: In addition to your weekly planner, invest in a large monthly wall calendar. Jot down all the important due dates, deadlines, exams, etc so they are in front of you as a visual reminder. This will make you more aware of important dates and allow you to adjust or rearrange p