Deficit and Subsidies

Current Account deficit and Unfavorable Balance of Payment Current Account Deficit The current account deficit is a measurement of a country’s trade where the value of the goods and Services it imports exceeds the value of the products it exports. The current account includes net income, such as interest and dividends, and transfers, such as … Read more

Issues related to Unemployment

Nature, types and Problems of Unemployment in India:-Unemployment may be defined as “a situation in which the person is capable of working both physically and mentally at the existing wage rate, but does not get a job to work”. India is one of those ill-fated underdeveloped countries which is suffering from a huge unemployment problem. … Read more

Recession

Here is a list of subtopics without any description for Recession: Causes of recession Effects of recession How to prevent recession Recession in the United States Recession in Europe Recession in Asia Recession in Latin America Recession in Africa Recession in the Middle East Recession in Australia Recession in New Zealand Recession in Canada Recession … Read more

Financial Emergency – Emergency Provisions (360)

Financial Emergency – Emergency Provisions (360) The Financial Emergency provisions of the Indian Constitution are contained in Article 360. These provisions were inserted in the Constitution by the 42nd Amendment in 1976. The provisions enable the President to declare a financial emergency if he is satisfied that a grave financial emergency exists whereby the financial … Read more