The Economy of Russia: Implications for the Civil Services Exam 2026 Russia's economy is a complex tapestry shaped by its vast natural resources, historical legacies, and contemporary geopolitical dynamics. As candidates prepare for the Civil Services Exam 2026, understanding the intricacies of Russia's economic structure, its challenges, and its global impact is crucial. This article delves into key aspects of the Russian economy and how they relate to broader international contexts. Overview of the Russian Economy Russia is the world's largest country by land area and possesses an abundance of natural resources, notably oil, natural gas, and minerals. The economy is characterized by a mix of state control and market mechanisms, with the government playing a significant role in key sectors. #### Key Sectors 1. **Energy Sector**: - Russia is one of the leading producers of oil and natural gas, with state-owned companies like Gazprom and Rosneft dominating the market. ...
North Korea is again in news for conducting its fifth nuclear test on 9th September 2016. The test was conducted at the Punggye-ri Nuclear Test Site, which is located 50 km northwest of Kilju City in Kilju County. Image Source: https://commons.wikimedia.org/wiki/File%3AUs10006n8a_ciim.jpg North Korea Officially known as the Democratic People's Republic of Korea (DPRK). According to lonelyplanet.com, "North Korea is the world's most secretive country" According to official webpage of the DPR of Korea, "The DPRK is the Juche-oriented socialist state which embodies the idea and leadership of Comrade Kim II Sung, the founder of the Republic and the father of socialist Korea." In other words, North Korea is basically a communist state. The term 'Juche' is translated as 'self-reliance', is the official ideology of North Korea. Kim II-sung (1912-1994) developed the ideology placing emphasis on the individual, the nation ...