GMAT

GMAT is nothing but the GRADUATE MANAGEMENT ADMISSION TEST. This GMAT is gonna be a four hours online examination for a total score of 800 marks. This examination will test your math problem solving, data sufficiency, reading comprehension, grammar related questions like sentence correction and critical reasoning and proficiency in written language which you have to type two essays in 1 hour. This essay consists of 6 marks. Here the total score that you have soared will go up or down in ten point increment. For example, your score may be 500 or 510 but never 504 or 505.In GMAT, you will see a percentile ranking .In GMAT, English would be comparatively harder than Mathematics.
Now let me tell u something about the preparation for GMAT.Many people says that it takes long time to prepare for GMAT. That’s all nothing. The reasonable time period is 3 to 4 months if you are quite good at the BASICS. One important thing that all the GMAT takers have to do is that they have to take a model online test whenever you finish preparing a topic. This helps to know your level. After completing your preparation start writing online mock test at least for a week or 10 days.

BLACK MARKET

This is just an information about black market..

Black Market is a place where the goods are smuggled and sold illegally. For example illegal drugs, weapons, alcohol etc are some of the items that are sold illegally now days. This black market can also be called as Underground economy, Black economy, Underdog or parallel economy. This black market comprises tax evaded income. The two types of taxes which comprise this black market are direct tax and indirect tax. Direct tax means income tax, corporate tax. Indirect tax means tax on services. Black money exists practically in every economy, but the range differs from country to country. Black Money is used in many ways (i.e.) It is used to bribe regulators and law enforcement. This black money which is saved is held as deposits in foreign banks as liquid currency, gold or diamond etc .In the Black Market, the goods which are sold illegally can be either in low rates than the original market price or rates more than the original market price. But the goods which are sold illegally are in lower rates only.

Black market spoils the country’s name and brings down the economy. We should get the computerized bill for each and every product we buy from the shop. This helps to pay our service tax and helps to improve our economy rate.

Indian Education

Education builds the man so it builds the nation.The present education system in India mainly comprises of primary education, secondary education, senior secondary education and higher education. Primary education consists of eight years of education. Each of secondary and senior secondary education consists of two years of education. Higher education in India starts after passing the higher secondary education.One such measure is the introduction of the reservation system in the institutes of higher education. Under the present law, 7.5% seats in the higher educational institutes are reserved for the scheduled tribes, 15% for scheduled castes and 27% for the non creamy layers of the Other Backward Classes.