Notes and Study material for Exams
Fiscal Policy: The Government’s Toolkit for Economic Management Fiscal policy, a cornerstone of macroeconomic management, refers to the use of government spending, taxation, and borrowing to influence the economy. It acts as a powerful tool to stimulate growth, control inflation, and achieve broader economic objectives. This article delves into the intricacies of fiscal policy, exploring … Read more
The Economy Cut Motion: A Powerful Tool for Budgetary Control and its Impact on Public Spending The “Economy Cut Motion” (ECM), also known as a “guillotine motion,” is a parliamentary procedure used in various countries to limit debate and expedite the passage of legislation, particularly budget bills. While its primary function is to streamline the … Read more
Micro-Irrigation: A Revolution in Water Conservation and Agricultural Productivity Introduction In a world grappling with increasing water scarcity and the need for sustainable agricultural practices, micro-irrigation has emerged as a transformative technology. This precise and efficient irrigation method delivers water directly to the plant roots, minimizing waste and maximizing water use efficiency. This article delves … Read more
The Balance of Payments Deficit: A Comprehensive Guide The balance of payments (BOP) is a record of all economic transactions between a country and the rest of the world over a specific period, typically a quarter or a year. It essentially tracks the flow of money into and out of a country. A balance of … Read more
Understanding the Revenue Deficit: A Deep Dive into Fiscal Imbalances The concept of a revenue deficit is a crucial element in understanding a nation’s fiscal health. It signifies a fundamental imbalance between the government’s income and its expenditure, highlighting potential vulnerabilities and the need for corrective measures. This article delves into the intricacies of revenue … Read more
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
PUBLIC FINANCE Public finance is the study of the role of the government in the economy. It is the branch of economics which assesses the government revenue and government expenditure of the public authorities and the adjustment of one or the other to achieve desirable effects and avoid undesirable ones. It includes the study of … Read more
PUBLIC FINANCE Public finance is the study of the role of the government in the economy. It is the branch of economics which assesses the government revenue and government expenditure of the public authorities and the adjustment of one or the other to achieve desirable effects and avoid undesirable ones. It includes the study of … Read more