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ECONOMICS: Developed and under-developed economies Capitalism Communism Socialism Nehruvian Socialism Five-year plans Nationalization License Raj system Stock market as a barometer of economy Liberalization  Privatization Globalization Alternative to GDP - Quality of Life Crony capitalism Each country has its own economic identity, just as India does. For instance, America is considered a rich country, and in terms of non-Americans' aspirations, chasing the American dream. However, in any analysis we must always consider comparisons as opposed to "sops" and unrealistic yardsticks. We discussed status, the role of advertisements in desires, "keeping up with the Jones'" and skipped over a thousand other topics. Economies may be categorized into first-world, third-world, in-between (or still-developing) and oil-producing countries. Parameters of development: (Discuss facets of development keeping India in mind. - 15 marks' poten...

POLITICS: Difference between nation and state http://www.sparknotes.com/us-government-and-politics/political-science/nations-and-states/section1.rhtml http://glossary.usip.org/resource/state-versus-nation Features of Parliamentary democracy http://www.britannica.com/EBchecked/topic/444221/parliament http://www.britannica.com/EBchecked/topic/444244/Parliament http://www.britannica.com/EBchecked/topic/1384209/parliamentary-democracy Indian states reorganized on linguistic ground - reasons and consequences Sub-nationalism w.r.t. North-East and Telangana Secularism and communalism - votebank politics  http://himalmag.com/monolith-india-vote-bank/ Coalition politics - pros and cons:  http://www.academia.edu/4954609/The_Least_Worst_Option_The_Pros_and_Cons_of_Coalition_Government   http://www.aventure.ac.in/coalition-politics-pros-cons/ International relations - Indian foreign policy Neo-imperialism  http://www.suu.edu/faculty/ping/pdf/TheNe...