Notes and Study material for Exams
The Labyrinth of Monetary Policy Transmission: How Central Banks Shape the Economy Central banks, the guardians of a nation’s financial system, wield a powerful tool: monetary policy. Through adjusting interest rates, managing the money supply, and influencing credit conditions, they aim to steer the economy towards desired goals like stable prices and sustainable growth. But … Read more
Indian economy has come a long way since independence. From socialist pattern to liberalised era it , from being agrarian to service oriented economy it has seen many ups and downs. The basic features of Indian economy are enumerated as follows: India is a developing economy with low per capita income. Current Per capita income … Read more
The Dance of Supply and Demand: Understanding Floating Exchange Rates The global economy is a complex web of interconnected markets, and one of the most crucial elements in this web is the exchange rate. This seemingly simple number, representing the value of one currency against another, holds immense power, influencing trade, investment, and even the … Read more
The General Agreement on Trade in Services (GATS) is a multilateral agreement that sets rules for international trade in services. It was negotiated at the Uruguay Round of the General Agreement on Tariffs and Trade (GATT) and came into effect on January 1, 1995. The GATS covers all services except those supplied in the exercise … Read more
Sarva Shiksha Abhiyan In Uttarakhand In a federal setup like India, strategy for realizing development has to be formulated and implemented at State level within the contours of National framework. Uttarakhand accounts for 1.69 per cent of area of the country as a whole. A brief review of Growth trajectory over the … Read more
Poverty Alleviation: A Multifaceted Approach to Uplifting Lives Poverty, a pervasive and complex issue, affects millions across the globe, hindering their access to basic necessities, opportunities, and a dignified life. Addressing this challenge requires a multifaceted approach that tackles its root causes and empowers individuals and communities to break free from the cycle of deprivation. … Read more
The following are the subtopics under the need for InvestmentInvestment: Investment is a way to grow your MoneyMoney. When you invest, you are putting your money into something that you believe will increase in value over time. This can be anything from stocks and BondsBonds to real estate and businesses. Investment can help you reach … Read more
The Wealth Tax: A Controversial Tool for Equality and Growth The concept of a wealth tax, a levy on an individual’s net worth, has re-emerged as a prominent policy debate in recent years. Proponents argue that it is a necessary tool to address growing inequality, fund public services, and promote economic stability. Opponents, however, contend … Read more
The Integrated Rural Development Programme (IRDP): A Comprehensive Approach to Rural Upliftment The Integrated Rural Development Programme (IRDP), launched in 1978, was a landmark initiative in India’s journey towards rural development. It aimed to alleviate poverty and improve the socio-economic conditions of rural households by providing them with access to credit, skills training, and employment … Read more