Notes and Study material for Exams
Government market borrowings, loans and grants There are two types of borrowings : Internal borrowings External borrowings There is third mean of public loan i.e. other liabilities Internal borrowings Internal debt or domestic debt is the part of the total government debt in a country that is owed to lenders within the country. … Read more
Treasury Bills: A Safe Haven in a Volatile Market Treasury bills (T-bills) are short-term debt securities issued by the U.S. government. They are considered one of the safest investments in the world, offering a low-risk way to earn a return on your money. This article will delve into the intricacies of T-bills, exploring their features, … Read more
Government Bonds: A Safe Haven in a Stormy Sea Government bonds, often referred to as “gilts” in the UK and “Treasuries” in the US, are debt securities issued by national governments to finance their operations and projects. They represent a promise by the government to repay the principal amount borrowed, along with interest payments, at … Read more
The Power of Oversight: A Deep Dive into Financial Committees Financial committees play a crucial role in the governance and accountability of organizations, whether they be corporations, non-profits, or government entities. These committees are responsible for overseeing the financial health of the organization, ensuring transparency, and safeguarding the interests of stakeholders. This article delves into … Read more
–2/”>a >DOCTYPE html PUBLIC “-//W3C//DTD XHTML 1.0 Transitional//EN” “http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd”> State finances The constitution (73rd and 74th) Amendment Acts, 1992 and ARTICLE 280 (3) (c) have altered the erstwhile fiscal devolution system and framework between the states and local governments. Under the new fiscal devolution system every State Government is required to constitute, once in five … Read more