Notes and Study material for Exams
Navigating Financial Emergencies: A Comprehensive Guide to Emergency Provisions Life is unpredictable. Unexpected events, from medical emergencies to job losses, can throw even the most financially stable individuals off balance. These situations, often referred to as financial emergencies, can quickly spiral into overwhelming debt and stress if not addressed effectively. This comprehensive guide will equip … Read more
The Power of Production: Understanding Gross Domestic Product (GDP) Gross Domestic Product (GDP) is a cornerstone of economic analysis, providing a comprehensive snapshot of a nation’s economic health. It measures the total value of goods and services produced within a country’s borders over a specific period, typically a year or a quarter. Understanding GDP is … Read more
What is GST? Goods and Services Tax — GST — is a comprehensive tax levy on manufacture, sale and consumption of goods and services at a national level. Read moreGoods and Services Tax — GST
The GDP Deflator: A Vital Tool for Understanding Economic Growth and Inflation The Gross Domestic Product (GDP) deflator is a crucial economic indicator that measures the overall price level of goods and services produced in an economy. It serves as a vital tool for understanding the real value of economic output and the rate of … Read more
Table of Content:- PUBLIC FINANCE Monetary Policies Inflation & Control Mechanism, Repo rate Reverse Repo Rate CRR SLR. 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 … Read more
Public expenditure is spending made by the government of a country on collective needs and wants such as pension, provision,
The Producer Price Index: A Vital Gauge of Inflation and Economic Health The Producer Price Index (PPI) is a crucial economic indicator that measures the average change in selling prices received by domestic producers for their output. It provides valuable insights into the inflationary pressures faced by businesses and the overall health of the economy. … Read more
Inflation & Control Mechanism 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 … 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