Notes and Study material for Exams
Universal basic income (UBI) is a model for providing all citizens of a country or other geographic area with a given sum of Money, regardless of their income, Resources or EMPLOYMENT status. The purpose of the UBI is to prevent or reduce POVERTY and increase Equality among citizens. It is one of the kind of … Read more
Debentures: A Comprehensive Guide to Understanding This Debt Instrument Debentures are a crucial component of the financial landscape, offering businesses a way to raise capital while providing investors with a fixed-income investment opportunity. This article delves into the intricacies of debentures, exploring their features, types, advantages, disadvantages, and the factors that influence their value. What … Read more
India has a well developed Taxation structure. The tax system in India is mainly a three tier system which is based between the Central, State Governments and the Local Government organizations. In most cases, these local bodies include the local councils and the municipalities. According to the Constitution of India, the government has the right … Read more
Inflation is a sustained increase in the general price level of goods and Services in an economy over a period of time. When the price level rises, each unit of currency buys fewer goods and services.It is the Percentage change in the value of the Wholesale Price Index (WPI) on a year-on year basis. It effectively … Read more
Pricing of public utilities and government policy Priority to public There are a number of principles which govern the pricing of public utility Services. There are public utilities like Education, sewage, roads, etc. which may be supplied free to the public and their costs should be covered through general Taxation. Dalton calls it the general … Read more
Economic Reforms In India New Industrial Policy Under Industrial Policy, keeping in view the priorities of the country and its Economic Development, the roles of the public and private sectors are clearly decided. Under the New Industrial Policy, the industries have been freed to a large extent from the licenses and other controls. In order … Read more
The Bretton Woods System was a monetary system that was established at the Bretton Woods Conference in 1944. The system was based on the idea of fixed exchange rates, which meant that the value of each currency was pegged to the value of the US dollar. The US dollar was, in turn, pegged to the … Read more
The Shadow Market: Understanding Credit Default Swaps Credit default swaps (CDSs) are a complex financial instrument that has gained notoriety for its role in the 2008 financial crisis. Though often misunderstood, CDSs are a vital part of the global financial system, offering a way to manage credit risk and diversify portfolios. This article delves into … Read more
Here is a list of subtopics on Land Reforms in India: Abolition of intermediaries Tenancy Reforms Ceiling on landholdings Consolidation of holdings Land reforms in different states Impact of land reforms Challenges of land reforms Future of land reforms I hope this is helpful! Let me know if you have any other questions. Land reforms … Read more