inflation
RBI Act 1935
The Reserve Bank of India Act, 1935: A Foundation for Monetary Stability and Economic Growth The Reserve Bank of India (RBI) Act, 1935, stands as a cornerstone of India’s financial system, establishing the central bank and outlining its crucial role in regulating the nation’s monetary and financial landscape. This legislation, enacted during the British Raj, … Read more
Difference between REER and NEER
Unveiling the Nuances: Real Effective Exchange Rate (REER) vs. Nominal Effective Exchange Rate (NEER) The exchange rate, the price of one currency in terms of another, plays a crucial role in international trade and finance. While the nominal exchange rate captures the direct price comparison between two currencies, it fails to account for the relative … Read more
Money Supply
The Power of the Purse: Understanding Money Supply and Its Impact on the Economy The concept of money supply might seem abstract, but it’s a crucial driver of economic activity. It’s the lifeblood of the financial system, influencing everything from interest rates and inflation to employment and economic growth. Understanding how money supply works is … Read more
Consumer Price Index (CPI)
The Consumer Price Index: A Vital Gauge of Inflation and Economic Health The Consumer Price Index (CPI) is a crucial economic indicator that measures the average change over time in the prices paid by urban consumers for a basket of consumer goods and services. It serves as a vital gauge of inflation, providing insights into … Read more
Market Stabilisation Scheme (MSS)
The Market Stabilisation Scheme: A Lifeline for UK Energy Markets The UK energy sector has been grappling with unprecedented volatility in recent years, driven by factors like the global energy crisis, the war in Ukraine, and the transition to renewable energy sources. This volatility has led to skyrocketing energy prices, putting immense pressure on consumers … Read more
Monetary Policy Framework Agreement
The Monetary Policy Framework Agreement: A Foundation for Stability and Growth The global financial landscape is a complex and dynamic environment, constantly evolving in response to economic, political, and technological shifts. To navigate this intricate terrain, central banks around the world have adopted a range of tools and strategies, with the Monetary Policy Framework Agreement … Read more
Open-Economy and Closed Economy
closed-economy: Here is a list of subtopics related to open-economy and closed-economy: Open economy Trade Comparative advantage Absolute advantage Terms of trade Capital flows InvestmentInvestment
Mains Booster-Highlights of the budget,2019
Highlights of current year’s union budget and its analysis Highlights of the budget,2019 Income up to Rs 5 lakh exempted from Income tax Standard deduction raised to Rs 50,000 from Rs 40,000 Direct Tax proposals to provide Rs 23,000 cr relief to 3 crore taxpayers Persons with gross income up to Rs 6.50 lakh not … Read more