Notes and Study material for Exams
Distribution of natural Resources World Distribution of forest reserves Forests cover 31 percent of the world’s land surface, just over 4 billion hectares. (One hectare = 2.47 acres.) This is down from the pre-industrial area of 5.9 billion hectares. According to data from the U.N. Food and agriculture Organization, deforestation was at its highest rate … 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
Monetary Policy is the process by which the monetary authority of a country controls the Government Bonds, it is said to be engaging in which of the following? (A) Open market operations (B) Discount rate (C) Reserve requirement (D) Fiscal policy When the Federal Reserve sells government bonds, it is said to be engaging in … Read more
The Indian constitution provides for a federal framework with powers (legislative ,executive and financial) divided between the center and the states. However, there is no division of judicial power as the constitution has established an Integrated Judicial System to enforce both the central laws as well as state law. The Indian federation is not the … Read more
India’s Forex Reserves: A Beacon of Stability and Growth India’s foreign exchange reserves have been a subject of intense scrutiny and discussion in recent years. As the world grapples with economic uncertainty and geopolitical tensions, the size and composition of a nation’s forex reserves become crucial indicators of its economic resilience and financial stability. This … 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: … Read more
The Balance of Payments: A Comprehensive Guide The balance of payments (BOP) is a crucial economic indicator that tracks all economic transactions between a country and the rest of the world over a specific period, typically a quarter or a year. It provides a comprehensive picture of a nation’s financial health, revealing its international trade … Read more