Notes and Study material for Exams
The Power of Nominal GDP: A Deep Dive into the Economic Indicator Nominal GDP, a cornerstone of macroeconomic analysis, provides a snapshot of a nation’s economic activity at a specific point in time. It represents the total market value of all final goods and services produced within a country’s borders during a given period, typically … Read more
Understanding Revenue Receipts: A Comprehensive Guide Revenue receipts are the lifeblood of any government, providing the financial resources necessary to fund public services, infrastructure development, and social welfare programs. Understanding the nature, sources, and significance of revenue receipts is crucial for informed citizens and policymakers alike. This article delves into the world of revenue receipts, … Read more
Delving into the Microcosm: A Comprehensive Guide to Microeconomics Microeconomics, a fundamental branch of economics, focuses on the behavior of individual economic units, such as consumers, firms, and industries. It provides a framework for understanding how these units make decisions in the face of scarcity, how they interact with each other in markets, and how … Read more
The Certificate of Deposit: A Safe Haven for Your Savings In the ever-evolving landscape of personal finance, where investment options abound, the Certificate of Deposit (CD) stands as a beacon of stability and predictable returns. While it may not offer the explosive growth potential of stocks or the flexibility of a savings account, the CD … Read more
Infrastructure AND SPECIAL ECONOMIC MEASURES The Central Government shall take all necessary measures as enumerated in the Thirteenth Schedule for the progress and Sustainable Development of the successor States within a period of ten years from the oppointed day. The Central Government shall take appropriate fiscal measures, including offer … Read more
The Foundation of Financial Markets: A Deep Dive into Government Securities Government securities, often referred to as “gilts” in the UK and “treasuries” in the US, are debt instruments issued by national governments to finance their operations and fund public projects. These securities play a pivotal role in the global financial system, serving as a … Read more
The Intertwined Tapestry of Economic Growth and Economic Development The pursuit of prosperity has been a driving force throughout human history. While the terms “economic growth” and “economic development” are often used interchangeably, they represent distinct yet interconnected concepts. Understanding their nuances is crucial for crafting effective policies and achieving sustainable progress. Economic Growth: The … Read more
Health care schemes in Karnataka Health is crucial to human happiness and welfare. WHO opines that better health provides an important contribution to economic progress, as healthy Population lives longer, are more productive which save more. Achieving and maintaining health is an important ongoing process. The Government of Karnataka during last few years has given … Read more
Women DEVELOPMENT PROGRAMS Beti Bachao Beti Padhao (BBBP) Beti Bachao Beti Padhao (BBBP) was launched by the Prime Minister on 22nd January, 2015 at Panipat, Haryana. BBBP addresses the declining Child Sex Ratio (CSR) and related issues of Health and Nutrition”. Accordingly, a new sub-scheme namely Mahila Shakti Kendra (MSK) under the Umbrella Scheme Pradhan … Read more
The Angel Investor: A Guide to Funding Your Startup The journey of a startup is fraught with challenges, and securing funding is often the first hurdle. While traditional avenues like bank loans and venture capital can be daunting, a powerful alternative exists: angel investors. These individuals, often successful entrepreneurs or high-net-worth individuals, provide crucial early-stage … Read more