How independent is the Reserve Bank of India (RBI)? Is the independence of the RBI waning recently? In India, even though the RBI Act 1934 allows government control, the convention is that the RBI is allowed autonomy to do what it wants. However, recently there are many media reports about … [Read more...] about Is RBI’s Independence Waning?
Economics Notes
100 Important MCQs from Economic Survey and Budget 2021
Ebook (PDF) Available: Learn 100 Important MCQs from Economic Survey and Budget 2021. Download the ebook (PDF) from ClearIAS Store. Download 100 Important MCQs from ES and Budget 2021 Economic Survey and Indian Budget are very important for aspirants preparing for UPSC Exams. This ebook (PDF) … [Read more...] about 100 Important MCQs from Economic Survey and Budget 2021
Interest Coverage Ratio – Explained with Example
What is the importance of the term “Interest Coverage Ratio” of a firm? Banks and Companies are two highly inter-linked entities. The loans given by banks is often necessary for the growth of companies. However, giving loans is a high-risk activity as far as banks are … [Read more...] about Interest Coverage Ratio – Explained with Example
Minimum Support Price (MSP) – Explained with Video
What is meant by Minimum Support Price or MSP? MSP is the minimum price which the government pays for the farmers’ produce at the time of procurement. It is aimed at saving the crops from price fluctuations in the market. The MSP fixed by the government is considered as being remunerative for … [Read more...] about Minimum Support Price (MSP) – Explained with Video
Poverty – Dimensions and Challenges Explained
Poverty is a multidimensional concept. Poverty is a state or condition in which a person lacks the resources for a minimum standard of living. Traditionally, the term poverty refers to lacking enough resources to provide the basic necessities of life - food, clean water, shelter and clothing. … [Read more...] about Poverty – Dimensions and Challenges Explained
Expansionary vs Contractionary Monetary Policy
Understand the difference between Expansionary and Contractionary Monetary Policy. Monetary policy refers to the actions undertaken by a nation's central bank to control the money supply. Control of money supply helps to manage inflation or deflation. In India, the Reserve Bank of India (RBI) … [Read more...] about Expansionary vs Contractionary Monetary Policy
Foreign Trade of India: Concepts of International Trade
Everything you need to know about the Foreign Trade of India. Foreign Trade (International Trade) is all about Exports and Imports. What is the total value of India's exports and imports? Which is higher - exports or imports? What are the main export items? What are the main import items? … [Read more...] about Foreign Trade of India: Concepts of International Trade
Foreign Direct Investment (FDI) in India: Definition and Statistics
Foreign Direct Investment (FDI) is considered as a significant source of non-debt financial resource for economic development. A non-resident entity can invest in India except in those sectors/activities which are prohibited. A person resident outside India may hold a foreign investment in any … [Read more...] about Foreign Direct Investment (FDI) in India: Definition and Statistics
Monetary Aggregates: Understand the Monetary Statistics M0, M1, M2, M3 etc
To understand the money supply in the economy RBI uses monetary aggregates like M0, M1, M2, M3 etc. The money supply is the total value of money available in an economy at a point of time. In India, Reserve Bank of India (RBI), measures the money supply and publishes it on a weekly or … [Read more...] about Monetary Aggregates: Understand the Monetary Statistics M0, M1, M2, M3 etc
Masala Bonds: Concept Explained With Video
What are masala bonds? Why are masala bonds in news? In 2019, Kerala Infrastructure Investment Fund Board (KIIFB), a financial institution owned by the Government of Kerala, listed its masala bond worth ₹ 2,150 crores in the London Stock Exchange's International Security Market. The proceeds are to … [Read more...] about Masala Bonds: Concept Explained With Video
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