Notes and Study material for Exams
The Weight of the World: A Deep Dive into External Debt External debt, the financial obligations a country owes to foreign entities, plays a crucial role in shaping a nation’s economic landscape. It can be a powerful tool for development, fueling infrastructure projects and bolstering economic growth. However, unchecked, it can also become a crippling … Read more
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
FDI and INFRASTRUCTURE-development/”>Infrastructure Development One of the many areas in which
The leading economists of the country differ in their opinion about the socioeconomic and ecological consequences of the policy of liberalisation.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 … Read more
–2/”>a >DOCTYPE html PUBLIC “-//W3C//DTD XHTML 1.0 Transitional//EN” “http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd”> India’s relations with china Cultural and economic relations between China and India date back to ancient times. The Silk Road not only served as a major trade route between India and China, but is also credited for facilitating the spread of INFRASTRUCTURE along border areas. Additionally, … Read more
The S.S. Tarapore Committee: A Pivotal Moment in India’s Financial History The S.S. Tarapore Committee, formally known as the Committee on Capital Account Convertibility, played a pivotal role in shaping India’s financial landscape. Established in 1997 under the chairmanship of Dr. S.S. Tarapore, a former Deputy Governor of the Reserve Bank of India (RBI), the … Read more
Role of RBI Pre-reform Post-reform Developmental Role: the developmental role has increased in view of the changing structure of the economy with a focus on SMEs and Financial Inclusion Priority Sector Lending: Introduced from 1974 with Public Sector Banks. Extended to all Commercial Banks by 1992 In the revised guidelines for PSL the thrust is … Read more
India-US 2+2 Dialogue 2020 Introduction India’s Minister of Defence Rajnath Singh and Minister of External Affairs Dr. S. Jaishankar welcomed U.S. Secretary of State Michael R. Pompeo and Secretary of Defense Dr. Mark T. Esper to New Delhi for the third annual India-U.S. 2+2 Ministerial Dialogue. The Ministers welcomed the elevation of the India-U.S. relationship … 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