Notes and Study material for Exams
Rajasthan Mineral Policy 2015 – Rajasthan may put about 400 small size mining leases of Minerals like granite,marble and quartz under the hammer in 2015 as it looks to expand its area under mining as well as increase revenue. – 9% of total mineral production in the country, is also exploring joint ventures (JV) … Read more
Understanding NDP at Factor Cost (NDPFC): A Comprehensive Guide The concept of Net Domestic Product at Factor Cost (NDPFC) is a crucial metric in macroeconomics, providing a comprehensive measure of a nation’s economic output. It represents the total value of goods and services produced within a country’s borders during a specific period, adjusted for depreciation … Read more
NATIONAL INCOME The study of National Income is important because of the following reasons: To see the Economic Development of the country. To assess the developmental objectives. To know the contribution of the various sectors to National Income. Internationally some countries are wealthy, some countries are not wealthy and some countries are in-between. Under such … Read more
The Laffer Curve: A Controversial Tool for Tax Policy The Laffer Curve, a simple yet powerful economic concept, has sparked heated debates and influenced tax policies worldwide. It posits a relationship between tax rates and government revenue, suggesting that increasing tax rates beyond a certain point can actually lead to a decrease in revenue. This … Read more
What is an Export Subsidy? An export subsidy is a government policy that provides financial assistance to domestic firms that export their goods and services. This assistance can take many forms, such as direct payments, tax breaks, or government-provided insurance. The goal of export subsidies is to make it more profitable for domestic firms to … Read more
TBiodiversity hotspots. However, India is also facing a number of environmental challenges, such as Air Pollution, Water Pollution, and deforestation. History and Culture of India India has a rich and complex history that dates back over 5,000 years. The country has been home to a number of different civilizations, and it has been ruled by … Read more
The Repo Rate: A Powerful Tool in the Central Bank’s Arsenal The repo rate, short for repurchase agreement rate, is a crucial tool employed by central banks worldwide to manage inflation and stimulate economic growth. It represents the interest rate at which commercial banks borrow money from the central bank through repurchase agreements. Understanding the … Read more
The Standing Deposit Facility (SDF): A Powerful Tool in the Monetary Policy Arsenal The global financial landscape is constantly evolving, demanding innovative and effective tools for central banks to manage inflation and maintain financial stability. One such tool, gaining increasing prominence in recent years, is the Standing Deposit Facility (SDF). This article delves into the … Read more
INFRASTRUCTURE by the Indian and foreign investors have generated great employment opportunities for the professionals, and skilled and unskilled workers. 5. Development of Infrastructure: Prior to the liberalisation, the infrastructure (roads and electricity) were in a bad shape affecting the industrial growth and Economic Development of the country adversely. Heavy investment in infrastructure has improved the … Read more
The Hidden Tax: Understanding Inflation Tax Inflation, the persistent rise in the general price level of goods and services, is a complex economic phenomenon with far-reaching consequences. While often perceived as a gradual erosion of purchasing power, inflation also acts as a hidden tax, silently siphoning wealth from individuals and businesses. This article delves into … Read more