Notes and Study material for Exams
The International Monetary System: A Journey Through Time and Challenges The global economy operates on a complex web of interconnected systems, with the International Monetary System (IMS) serving as its crucial backbone. This intricate framework governs the exchange of currencies, facilitates international trade and investment, and promotes global economic stability. Understanding the evolution, structure, and … Read more
The MCX: A Comprehensive Guide to India’s Multi Commodity Exchange The Multi Commodity Exchange of India Limited (MCX), established in 2003, has revolutionized the way commodities are traded in India. It has become a leading platform for trading a wide range of commodities, playing a crucial role in price discovery, risk management, and enhancing market … Read more
Balance of Payments is a systematic record of all economic transactions undertaken by residents of one country i.e. households, firms and the government with their counterparts in rest of the world. It consists of: 1. Current Account, 2. Capital Account and 3. Reserve Account. The Current Account covers transactions in goods and Services and transfers … 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
The Securities and Exchange Board of India: A Guardian of the Indian Capital Market The Indian capital market, a vibrant ecosystem of investors, companies, and financial institutions, plays a crucial role in driving economic growth and development. Ensuring the integrity and efficiency of this market is paramount, and this is where the Securities and Exchange … Read more
The Fixed Exchange Rate: A Balancing Act Between Stability and Flexibility The exchange rate, the price of one currency in terms of another, plays a crucial role in the global economy. It influences trade, investment, and the overall economic performance of nations. While floating exchange rates, determined by market forces, are the norm in today’s … Read more
Name Geographical location and populations History and lineage Economic activity Social and Family life MEENA Constitute about 51.20% of Population and concentrated in districts of Jaipur,Dausa,Sawai Madhopur,Rajsamand and Udaipur Word meena means fish, Chandrabhardai states their origin to the kingdom south of alwar,dausa and bharatpur prior to Rajput rule They are divided into … Read more
Inflation is a sustained increase in the general price level of goods and Services in an economy over a period of time. When the price level rises, each unit of currency buys fewer goods and services.It is the Percentage change in the value of the Wholesale Price Index (WPI) on a year-on year basis. It effectively … Read more
Monetary Policy TOOL: There are several direct and indirect instruments that are used for implementing monetary policy. Repo rate: The (fixed) interest rate at which the Reserve Bank provides overnight liquidity to banks against the collateral of government and other approved securities under the Liquidity Adjustment facility (LAF). Reverse Repo Rate: The (fixed) interest rate … Read more
INTRODUCTION Among several features of Globalization-3/”>Globalization, one relates to increasing interactions among nations and removal of barriers to facilitate movement of goods, capital, labour and technology. It is a process that renders various activities and aspiration worldwide in scope or application. As a part of this process of increasing integration of the world, … Read more