India’s foreign exchange reserves jumped to a record high Covid-hit India’s foreign exchange reserves jumped by a record $11.9 billion
Continue readingCategory: Quick Revision Prelims – Economy
Quick Revision Prelims – Economy
RBI’s new Loan Restructuring Scheme to provide relief to the borrowers impacted by Covid-19 pandemic.
RBI’s new Loan Restructuring Scheme to provide relief to the borrowers impacted by Covid-19 pandemic In its monetary policy review
Continue readingBoosting demand is critical for an economic revival after Covid19.
Boosting demand is critical for an economic revival after Covid19. India is facing a structural demand problem, one that predates
Continue readingNational Handloom Day- 7 August #vocal4handmade
Historical Context With the partition of Bengal, the Swadeshi Movement gained strength. It was on August 7, 1905 that a
Continue readingThe Reserve Bank of India decided to keep the benchmark interest rates of the economy unchanged during bimonthly review of monetary policy -Why?
The Reserve Bank of India decided to keep the benchmark interest rates of the economy unchanged during bimonthly review of
Continue readingProduction Linked Incentive Scheme (PLIS))
RELEVANT for UPSC-CSE PRELIMS-ECONOMY RELEVANT FOR UPSC-CSE MAINS INDIAN ECONOMY Global electronics giants such as Samsung, Pegatron, Flex, and Foxconn
Continue readingCurrency exchange rate
Relevance: Prelims: Economy Why in news? • The exchange rate of the rupee is an apt marker on the state
Continue readingBancassurance agreements
Relevance: Prelims: Economy Why in news? • Insurance regulator IRDAI has allowed the four banks, emerging from the recent mega
Continue reading►MAIN FUNCTIONS OF RBI
Relevance: Prelims: Economy ROLE DESCRIPTION Monetary Authority Formulates, implements and monitors the monetary policy. Objective: maintaining price stability while keeping
Continue reading► NON-BANKING FINANCIAL COMPANY (NBFC)
Relevance: Prelims: economy An NBFC is a company registered under the Companies Act, 1956 engaged in the business of loans
Continue reading►TYPES OF MONEY: Basic Economy
Relevant: Prelims: Economy: Indian Banking System Actual money: Money which actually circulates in the economy in terms of which all payments
Continue readingINDIAN BANKING SYSTEM: BASICS
Relevance: Prelims: Economy: Indian Banking System ►MONEY DEMAND Money demand (also known as liquidity preference) refers to holding money in
Continue readingECONOMIC CURVES RELEVANT FOR UPSC
Relevance: Prelims: Economy ►BEVERIDGE CURVE It is a graphical representation of the relationship between unemployment (on the horizontal axis) and
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