Large scale use of information in all countries by a wide cross section of people has resulted in the coming of terms like `information age and information society', which signify the pervasive nature of information in modern society. Information today is regarded as a valuable resource which helps in transforming natural resources of a country into finished products. The availability of information and facilities to store and exploit it gives country economic, technological as well as political advantages over other countries. The political power of a few big nations is derived from information. Information about test series for ias has, thus, an economic value and is a tradable commodity, which gets produced sold and consumed, involving increasingly a large number of people. Information handling in this sense is an industry (information industry). Futurologists say that we are entering an era in which trade will consist largely of information exchange. Even when, trade involves commodities other than information, like raw materials, intermediate and finished products or services, it will be dependent on information exchange systems. Large scale use of information in all countries by a wide cross section of people has resulted in the coming of terms like information age and information society', which signify the pervasive nature of information in modern society. Information of ias prelims today is regarded as a valuable resource which helps in transforming natural resources of a country into finished products. The availability of information and facilities to store and exploit it gives a country economic, technological as well as political advantage over other countries. The political power of a few big nations is derived from information. Information has, thus, an economic value and is a tradable c commodity, which gets produced sold and consumed, involving increasingly a large number of people. Information handling in this sense is an industry (information industry). Futurologists say that we are entering an era in which trade will consist largely of information exchange. Even when, trade involves commodities other than information, like raw materials, intermediate and finished products or services, it will be dependent on information exchange systems. Information has an economic value in transforming all the natural resources of a country into finished products and is treated as a tradable commodity which gets produced, sold and consumed. In this sense, information handling is to be regarded as an industry. Information is, therefore, a resource which can enrich a country to provide a high quality of life to its people. The country that has this wealth decidedly gets an advantage over other countries. Information is also used as a powerful political weapon and hence regarded as power.
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