Notes and Study material for Exams
The Credit Guarantee Trust Fund for Micro & Small Enterprises (CGTMSE): A Lifeline for India’s Entrepreneurial Spirit Introduction: India’s micro, small, and medium enterprises (MSMEs) are the backbone of the country’s economy, contributing significantly to employment generation, GDP growth, and overall economic development. However, these enterprises often face challenges in accessing credit due to factors … Read more
Horticulture, milk and Animal Husbandry, aquaculture, fishing, sericulture, aviculture, Forestry and related activities. Industry includes various manufacturing sub-sectors. India’s definition of services sector includes its construction, retail, Software, IT, communications, hospitality, Foreign Direct Investment (FDI) regime, improved infrastructure and led to an expansion in the production of fast-moving consumer goods. Post-liberalisation, the Indian private sector … Read more
Here is a list of subtopics under the energy sector: Alternative energy Bioenergy Coal Electricity Energy efficiency Energy policy Energy storage Fossil fuels Nuclear energy The energy sector is a complex and ever-changing field. It encompasses a wide range of topics, from alternative energy sources to fossil fuels to nuclear power. In this article, we … Read more
The objectives of the WTO are: To help trade flow smoothly, freely, fairly and predictably. To reduce tariffs and other trade barriers. To eliminate discriminatory treatment in international trade. To provide a forum for trade negotiations. To settle trade disputes. To promote cooperation in trade policy between governments. To assist developing and least-developed countries in … Read more
The Cash Reserve Ratio: A Vital Tool in Monetary Policy The cash reserve ratio (CRR) is a crucial instrument in the arsenal of central banks worldwide. It plays a significant role in managing the money supply, influencing inflation, and ensuring the stability of the financial system. This article delves into the intricacies of the CRR, … Read more
The Enduring Legacy of Commodity Money: From Shells to Bitcoin The concept of money, a seemingly abstract and ubiquitous element of modern life, has a surprisingly tangible and historical foundation. For millennia, societies have relied on commodity money, tangible goods with inherent value, to facilitate trade and exchange. From seashells to precious metals, these commodities … Read more
The Securities Transaction Tax: A Global Perspective The Securities Transaction Tax (STT), also known as a Tobin Tax, is a levy imposed on the purchase and sale of financial instruments, such as stocks, bonds, and derivatives. It has been a subject of debate for decades, with proponents arguing for its potential to generate revenue, stabilize … Read more
The Paradox of Progress: Economic Growth vs. Economic Development The pursuit of economic prosperity has been a central theme in human history. Nations strive for growth, aiming to increase their wealth and improve living standards. However, the concept of “economic progress” is often conflated with the term “economic development,” leading to a misunderstanding of the … Read more
Masala Bonds: A Spice Up for India’s Financial Landscape Introduction In the ever-evolving world of finance, innovation is key to unlocking new avenues for growth and development. Masala bonds, a relatively recent phenomenon, have emerged as a potent tool for India to tap into global capital markets and fuel its economic aspirations. These rupee-denominated bonds, … Read more
The Price We Pay: Understanding CPI vs. WPI and Their Impact on Our Lives The cost of living is a constant concern for individuals and a key indicator for policymakers. Two crucial metrics used to measure inflation and track price changes are the Consumer Price Index (CPI) and the Wholesale Price Index (WPI). While both … Read more