Notes and Study material for Exams
rawan239 Role of RBI Pre-reform Post-reform Developmental Role: the developmental role has increased in view of the changing structure of the economy with a focus on SMEs and Financial Inclusion Priority Sector Lending: Introduced from 1974 with Public Sector Banks. Extended to all Commercial Banks by 1992 In the revised guidelines for PSL the thrust is … Read more
Fiscal Policy is that part of Government policy which is concerned with raising revenues through Taxation and other means along with deciding on the level and pattern of expenditure it operates through budget. However, generally the expenditure exceeds the revenue income of the Government. In order to meet this situation, the Government imposes new taxes … Read more
The development of any Society or country without Economic Development is a myth. Economic development brings prosperity which in turns is directly proportional to the amount of goods and Services produced quantitatively or in broad sense we can say in Money equivalent. So the factor of production depends on the following parameters. Land Labour Capital … Read more
Facing Global Competition Globalisation means gradual integration of economies through free movement of goods, Services and capital which has significant impact on the economies of both developed and developing countries. Globalisation refers to a process of growing economic interdependence among different countries of the world. Thus, in the globalised era, the whole world is changing … Read more
Industrialization in Rajasthan has been a recent phenomenon, as prior to the independence the Development Of Industries was restricted by the following factors:- Lack of Interest by the rulers Lack of technical know how Lack of transport facilities. RICCO has been established as an apex body for the development of industries in the … Read more
Economic Growth Economic growth means an increase in Real GDP. This increase in real GDP means there is an increase in the value of national output / national expenditure. Economic growth is an important macro-economic objective because it enables increased living standards and helps create new jobs. Measurement of Economic Growth Economic growth is … Read more
Information Technology and IT enabled Services Software and services exports continued to remain on top of the IT Industry‘s revenue. The export-driven software sector saw major long-term projects come to Indian ICT leaders and Indian Companies bagging a larger and larger share of the global outsourced business. The state of Rajasthan offers huge Investment … Read more
Inclusive Growth of almost all sectors of the economy. High class infrastructure certainly accelerates the pace of development. Now, when the Indian economy is emerging as a fast growing economy, the Government of Rajasthan has also taken several initiatives for the growth and development in infrastructure sector. It is evident by the fact that the … Read more
Rajasthan ranks fourth in the list of Public Private PARTNERSHIP (PPP) projects in the country. As per a report released by the Assocham, there are seven major urban development projects worth over Rs 1,400 crore currently being undertaken in construction sector in PPP mode and several others in rural areas. The State Government, with … Read more
The productive capacity of an economy is directly linked to the size of its working – age Population relative to its total population, it is essential to distinguish between the two components when exploring the impact of demographic change on economic performance. Census 2011 data shows the overall Percentage of children in 0-6 year’s … Read more