Notes and Study material for Exams
MATHEMATICS AND QUATITUATIVE Aptitude – SIMPLE INTEREST Introduction Money is not free and it costs to borrow the money. Normally, the borrower has to pay an extra amount in addition to the amount he had borrowed. i.e, to repay the loan, the borrower has to pay the sum borrowed and the interest. Lender … Read more
The Power of Nominal GDP: A Deep Dive into the Economic Indicator Nominal GDP, a cornerstone of macroeconomic analysis, provides a snapshot of a nation’s economic activity at a specific point in time. It represents the total market value of all final goods and services produced within a country’s borders during a given period, typically … Read more
Contents India under the British Rule. 2 Inflation in India. 6 Monetary Policy of India. 6 Read moreEconomy Notes
The expenditure method is a way of measuring GDP that focuses on the spending of money. It is one of the two main methods of measuring GDP, the other being the income method. The expenditure method measures GDP by adding up the following categories of spending: Consumption spending: This is the spending of households on … Read more
The Imperative of Transparency in Modern Governance and Business The 21st century has witnessed a dramatic shift in the global landscape, driven by technological advancements, interconnectedness, and a growing demand for accountability. In this context, transparency has emerged as a cornerstone of good governance and responsible business practices. This article delves into the multifaceted imperative … Read more
Indian Economy and issues relating to planning, mobilization of Resources, Growth development and EMPLOYMENT. Inclusive Growth and issues arising from it. Government Budgeting. Effects of Liberalization on the economy,changes in Industrial Policy and their effects on industrial growth. INFRASTRUCTURE: Energy, Ports, Roads,Airports, Railways etc. Investment Models. Economics is the social science that studies the … Read more
Deflation: The Silent Threat to Economic Growth Deflation, the persistent decline in the general price level of goods and services, is often seen as the opposite of inflation. While inflation erodes the purchasing power of money, deflation increases it. However, this seemingly positive effect can have devastating consequences for an economy, leading to a vicious … Read more
The Capital Account: A Vital Component of the Balance of Payments The global economy is a complex web of interconnected transactions, with goods, services, and capital flowing across borders. Understanding these flows is crucial for policymakers and businesses alike, and the balance of payments (BOP) provides a comprehensive framework for analyzing them. One key component … Read more
Demystifying the Difference: Money Bills vs. Financial Bills in India The Indian Constitution, in its quest to establish a robust and accountable financial system, has meticulously defined two distinct categories of bills: Money Bills and Financial Bills. While both deal with matters related to finance, they differ significantly in their scope, legislative process, and implications. … Read more
Budgeting Budgeting is the process of estimating the availability of Resources and then allocating them to various activities of an organization according to a pre-determined priority. In most cases, approval of a budget also means the approval to various spending units to utilize the allocated resources. Budgeting plays a criucial role in the socio-Economic Development … Read more