Notes and Study material for Exams
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
Public Private PARTNERSHIP for INFRASTRUCTURE and urban development projects. PPP is in particular need due to inefficiency, overstaffing and low productivity in govt. services and govt. owned enterprises. The projects under PPP go through competitive pricing process which clearly shows that the cost of public services is ‘bench marked’ against market standards. The payments which … Read more
The Flourishing Tapestry of Trade in the Gupta Period: A Journey Through Commerce and Cultural Exchange The Gupta period (c. 320-550 CE) stands as a golden age in Indian history, marked by political stability, cultural flourishing, and remarkable economic prosperity. This era witnessed a significant expansion of trade, both within India and with the outside … Read more
India’s relation with United States of America, Russia, China, Pakistan, Bangladesh, Sri Lanka, Afghanistan, Nepal, Maldives and Middle East Countries. ’s relation with United States of America Political Relations: The frequency of high-level visits and exchanges between and the U.S. has gone up significantly of late. Prime Minister Modi visited the U.S. on 26-30 September … Read more
International and Regional Organisations International Organizations An international organization is an organization with an international membership, scope, or presence. There are two main types: International nongovernmental organizations (INGOs): non-governmental organizations (NGOs) that operate internationally. These include international non-profit organizations and worldwide companies such as the World Organization of the Scout Movement, International Committee of the Red Cross. Intergovernmental organizations, also known as international governmental … Read more
Amendments Amendments to the Constitution are made by the Parliament, the procedure for which is laid out in ARTICLE 368. An amendment bill must be passed by both the Houses of the Parliament by a two-thirds majority and voting. In addition to this, certain amendments which pertain to the federal nature of the Constitution must … Read more
Domestic capital in Economic Development Our economic Growth has been facing headwinds which is primarily cyclical in nature. The policy makers, the regulators and the system are making an honest effort to restore it. Many fiscal and monitory policies have been announced and implemented sincerely. These measures, it is expected, will bring the desired outcome. … Read more
A Journey Through Time: The History of Banking in India The story of banking in India is a fascinating tapestry woven with threads of tradition, innovation, and resilience. From the ancient era of money lenders and indigenous banking systems to the modern era of digital finance, India’s banking landscape has undergone a remarkable transformation. This … 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
–2/”>a >DOCTYPE html PUBLIC “-//W3C//DTD XHTML 1.0 Transitional//EN” “http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd”> –Instabilities – Stock Exchanges and SEBI Instabilities in The traditional conception of instability in Financial Markets stems from the view that financial institutions act as agents which intermediate between savers willing to lend funds and final borrowers seeking to invest funds. This intermediation function not only … Read more