Notes and Study material for Exams
Repo rate is the rate at which the central bank of a country (Reserve Bank of India in case of India) lends Money to Commercial Banks in the event of any shortfall of funds. It is used for controlling Inflation of a country. High Repo rate: Taking loan from RBI will be costlier. Effect of … Read more
Monetary Policy TOOL: There are several direct and indirect instruments that are used for implementing monetary policy. Repo rate: The (fixed) interest rate at which the Reserve Bank provides overnight liquidity to banks against the collateral of government and other approved securities under the Liquidity Adjustment facility (LAF). Reverse Repo Rate: The (fixed) interest rate … Read more
Availability of Skilled Human Resources in India Skilling the youth is the new buzzword in the government, and all the experts agree that it clearly needs a more skilled approach to implement what has been drawn up in a policy paper. It was roughly a year ago the government rejigged the UPA’s Skill India policy … Read more
Export Promotion Government of India has liberalized the schemes for export oriented units and export processing Zones. agriculture, Fisheries and dairies have been included in the export oriented units. Export processing zones have been allowed to export through trading and star trading houses and can have equipment on lease. These units have been allowed cent … Read more
Planning and Foreign Trade Foreign Trade is the important factor in Economic Development in any nation. Foreign trade in India comprises of all imports and exports to and from India. The Ministry of Commerce and Industry at the level of Central Government has responsibility to manage such operations. The domestic production reveals on exports and … Read more
Fiscal Responsibility and Budget Management Act The FRBM Act 2003 in its amended form was passed by the government to bring fiscal discipline and to implement a prudent Fiscal Policy. High Fiscal Deficit was the one major macroeconomic problem faced by Indian economy around 2000. It was argued that high deficits lead to Inflation, reduces … Read more
Indian Institute Of Management The Indian Institutes of Management (IIMs) are a group of 20 public, autonomous institutes of management Education and research in India. They primarily offer postgraduate, doctoral and executive education programmes. The establishment of IIMs was initiated by Jawaharlal Nehru, the first Prime Minister of India, based on the recommendation of the … Read more
INFRASTRUCTURE, exploration and exploitation of Minerals and oil, technology development and products with strategic consideration. Thus, we have seen that various Industrial Policies, formulated by the Government since 1948 have given due consideration to the relative role of both public and private sector in Indian economy. Therefore, these policies have made sincere attempts for the … Read more
Issues related to Deprived Class Education The concept of Deprived/ Marginalized Groups is generally used to analyse socioeconomic, political, and cultural spheres, where disadvantaged people struggle to gain access to Resources and full participation in social life. In other words, marginalized people might be socially, economically, politically and legally ignored, excluded, or neglected, and, therefore … Read more
Issues related to Disabled People Education People with disabilities have had to battle against centuries of biased assumptions, harmful stereotypes, and irrational fears. The stigmatization of disability resulted in the social and economic marginalization of generations with disabilities, and thus has left people with disabilities in a severe state of impoverishment for centuries. With an … Read more