Notes and Study material for Exams
A subsidy is a benefit given by the government to groups or individuals usually in the form of a cash payment or tax reduction. The subsidy is usually given to remove some type of burden and is often considered to be in the interest of the public. Direct Cash Transfer Scheme is a POVERTY reduction measure … Read more
Debt and Investment in India: Current Status Debt status Government liabilities have been broadly classified as debt contracted against the Consolidated Fund of India (defined as Public Debt) and liabilities in the Public Account, called Other Liabilities. Public debt is further classified into internal and External Debt. Internal debt consists of marketable debt … Read more
Sources of finance are the most explored area especially for the entrepreneurs about to start a new business. It is perhaps the toughest part of all the efforts. There are various sources of finance classified based on time period, ownership and control, and source of generation of finance. The process of selecting right … Read more
Investing in India: A Comprehensive Guide to Opportunities and Challenges India, with its burgeoning economy and rapidly growing middle class, has emerged as a hotbed for investment opportunities. From traditional sectors like real estate and manufacturing to emerging fields like technology and renewable energy, the country offers a diverse landscape for investors seeking to capitalize … Read more
External Commercial Borrowing (ECB): A Vital Lifeline for India’s Growth External Commercial Borrowing (ECB) has emerged as a crucial source of funding for India’s economic development, playing a significant role in bridging the financing gap and supporting various sectors. This article delves into the intricacies of ECB, exploring its history, types, regulations, benefits, and challenges, … Read more
The Looming Shadow: Understanding Recessions and Their Impact Recessions, periods of significant economic decline, are a recurring feature of modern capitalism. While they are often associated with negative consequences, understanding their causes, characteristics, and potential solutions is crucial for navigating these turbulent economic waters. This article delves into the intricacies of recessions, exploring their definition, … Read more
The National Housing Bank: A Pillar of India’s Housing Finance Landscape The National Housing Bank (NHB), established in 1988, stands as a cornerstone of India’s housing finance system. It plays a pivotal role in facilitating affordable housing, promoting financial inclusion, and driving sustainable urban development. This article delves into the NHB’s multifaceted functions, its impact … Read more
The Merging Landscape: A Deep Dive into Bank Mergers The financial world is a dynamic ecosystem, constantly evolving in response to market forces, technological advancements, and regulatory shifts. One of the most prominent trends in recent years has been the surge in bank mergers, a phenomenon driven by a complex interplay of factors. This article … Read more
The State Bank of India: A Colossus of Indian Banking The State Bank of India (SBI), a behemoth in the Indian financial landscape, stands as a testament to the nation’s economic growth and financial inclusion. From its humble beginnings as the Bank of Calcutta in 1806, SBI has evolved into a global financial powerhouse, playing … Read more
Rural Cooperative Banks: Pillars of Financial Inclusion in Rural India Introduction: India’s rural landscape is a tapestry of diverse communities, each with its unique needs and aspirations. For decades, financial inclusion has been a cornerstone of development efforts, aiming to empower rural populations by providing access to essential financial services. Rural Cooperative Banks (RCBs) have … Read more