Economics Notes

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) 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

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

Atmanirbhar Bharat Abhiyan (Self-reliant India Mission) is a campaign launched by the Central Government of India which included an Rs.20 lakh crore economic stimulus package and several reform proposals. As part of the relief measures in the aftermath of COVID-19, the Prime Minister announced a … [Read more...] about Atmanirbhar Bharat Abhiyan – Explained with Video

Operation Twist is an unconventional monetary policy of the Central Bank. Recently, the Reserve Bank of India tried 'Operation Twist' in India. Originally, 'Operation Twist' was the name given to the US Federal Reserve monetary policy operation. This operation involved the purchase and sale of … [Read more...] about Operation Twist – 7 Key Points to Understand

What are Debt Recovery Tribunals (DRTs)? Debt Recovery Tribunals are Tribunals that facilitate debt recovery involving banks and other financial institutions with their customers. Read here to know more about them. Debt Recovery Tribunals (DRTs) in India are specialized tribunals established to … [Read more...] about Debt Recovery Tribunals (DRT)

ClearIAS has released the gist of Indian Budget 2020-2021 as an ebook in PDF format. Aspirants can instantly download the book ‘Indian Budget 2020-2021 Summary’ from ClearIAS online store. Download Indian Budget 2020-2021 Summary Indian Budget is an important document for all IAS aspirants. … [Read more...] about Indian Budget 2020-2021 Summary by ClearIAS (PDF) Released

ClearIAS has released the gist of the Economic Survey 2019-2020 as an ebook in PDF format. Aspirants can instantly download the book 'Economic Survey 2019-2020 Summary' from ClearIAS online store. Download Economic Survey 2019-2020 Summary Be it UPSC CSE Prelims or Mains, the Economic Survey … [Read more...] about Economic Survey 2019-2020 Summary by ClearIAS (PDF) Released