Notes and Study material for Exams
The S.S. Tarapore Committee: A Pivotal Moment in India’s Financial History The S.S. Tarapore Committee, formally known as the Committee on Capital Account Convertibility, played a pivotal role in shaping India’s financial landscape. Established in 1997 under the chairmanship of Dr. S.S. Tarapore, a former Deputy Governor of the Reserve Bank of India (RBI), the … Read more
Navigating the Forex Market: A Comprehensive Guide to Key Terms The foreign exchange market, commonly known as Forex, is the largest and most liquid financial market in the world. It facilitates the exchange of currencies, enabling individuals, businesses, and governments to conduct international transactions. Understanding the intricacies of this market requires familiarity with a diverse … Read more
Liberalized Exchange Rate Management System (LERMS): A Comprehensive Analysis The global financial landscape is characterized by constant evolution, with exchange rate regimes playing a pivotal role in shaping economic stability and growth. Among the various systems, the Liberalized Exchange Rate Management System (LERMS) has emerged as a prominent model, attracting attention from policymakers and economists … Read more
Capital Account Convertibility: A Double-Edged Sword for Economic Growth Capital account convertibility (CAC) refers to the freedom of residents and non-residents to convert their domestic currency into foreign currencies and vice versa without restrictions. It allows for the free flow of capital across borders, enabling investments, borrowing, and lending in international markets. While CAC holds … Read more
The Indian Foreign Exchange Market: A Dynamic Landscape of Growth and Challenges The Indian foreign exchange market, a vibrant hub of currency trading and financial transactions, plays a pivotal role in the country’s economic growth and global integration. This article delves into the intricacies of this market, exploring its structure, key players, recent trends, and … Read more
India’s Forex Reserves: A Beacon of Stability and Growth India’s foreign exchange reserves have been a subject of intense scrutiny and discussion in recent years. As the world grapples with economic uncertainty and geopolitical tensions, the size and composition of a nation’s forex reserves become crucial indicators of its economic resilience and financial stability. This … Read more
Unveiling the Nuances: Real Effective Exchange Rate (REER) vs. Nominal Effective Exchange Rate (NEER) The exchange rate, the price of one currency in terms of another, plays a crucial role in international trade and finance. While the nominal exchange rate captures the direct price comparison between two currencies, it fails to account for the relative … Read more
Here is a list of subtopics without any description for Real Exchange Rate: Real exchange rate Effective exchange rate Purchasing power parity BalassaÂSamuelson effect Real exchange rate targeting Real exchange rate misalignment Real exchange rate volatility Real exchange rate pass-through Real exchange rate appreciation Real exchange rate depreciation Real exchange rate overvaluation Real exchange rate … Read more
The Real Effective Exchange Rate: A Key Indicator of Competitiveness The Real Effective Exchange Rate (REER) is a crucial economic indicator that measures the relative price of a country’s goods and services compared to its trading partners, taking into account inflation and exchange rate fluctuations. It provides a comprehensive view of a country’s competitiveness in … Read more
The Nominal Effective Exchange Rate (NEER): A Key Indicator of International Competitiveness The Nominal Effective Exchange Rate (NEER) is a crucial economic indicator that measures the value of a country’s currency against a weighted average of other major currencies. It provides a comprehensive view of a country’s international competitiveness by reflecting the relative price of … Read more