Economy

The PM SVANidhi scheme was launched by the Ministry of Housing and Urban Affairs, on June 01, 2020. It aims to provide affordable working capital loans to street vendors to resume their livelihoods that have been affected due to the coronavirus lockdown. It targets over 50 lakh street vendors who would be eligible to avail … Read more DMPQ- PM SVANidhi scheme

Globalisation means integration of economies and societies through cross country flows of information ,ideas ,technologies , goods, services, capital finance and people. The current wave of globalisation, which started after 1991had profound effects on the labour market and the employment situation of workers all over the world. The changes in pattern of employment and labour … Read more DMPQ: What is globalisation? Examine its impact on the pattern of employment.

Masala bonds are bonds issued outside India but denominated in Indian Rupees, rather than the local currency The term was used by the International Finance Corporation (IFC) to evoke the culture and cuisine of India Unlike dollar bonds, where the borrower takes the currency risk, masala bond makes the investors bear the risk The first … Read more DMPQ :What are masala bonds? Explain their significance (ECONOMY)

The Ministry of road transport and highways has taken up detailed review of NHs network with a view to develop the road connectivity to Border areas, development of Coastal roads including road connectivity for Non-Major ports, improvement in the efficiency of National Corridors, development of Economic Corridors, Inter Corridors and Feeder Routes along with integration … Read more DMPQ- Bharatmala Project.

Bad bank or PARA (Public Sector Asset Rehabilitation Agency) was proposed in Economic Survey 2016-17. Bad Bank is an institution which specializes in loan resolution process, so that banking system is free to focus on core banking solutions. Need for PARA According to Economic Survey, need for PARA arises because: Early resolution so that Funds for creation … Read more DMPQ:What is bad bank? Why there is need of Bad bank?

IPO is an abbreviation of Initial Public Offer. FPO is an abbreviation of a Follow-On Public Offer. Key Difference: IPO vs. FPO IPO is the first public issue of the shares of a private company that is going public whereas FPO is the second or subsequent public issue of the shares of an already listed … Read more DMPQ- Difference between IPO and FPO.

The 1991 is a hallmark year as it launched Indian into a new era of economic freedom. It majorly changed our economy from controlled to a free economy. One of the ingredient was tax reforms. The major changes one can observed in the tax system are as follows: Widening of tax bases both by addition … Read more DMPQ: Post 1991 reform era has seen a major changes in the tax system. Discuss the changes( economics)

Government has taken various measures to boost the incomes especially rural incomes to usher spending and consumption levels in the economy. Increase in the Minimum Support Prices (MSPs) for all mandated Rabi crops and Kharif crops for 2019-20 season. To provide an assured income support to the small and marginal farmers, the cash transfer scheme … Read more DMPQ- Government has taken various step towards boosting consumption. Enumerate the number of steps taken by government to boost consumption.

The GDP deflator, also called implicit price deflator, is a measure of inflation. It is the ratio of the value of goods and services an economy produces in a particular year at current prices to that of prices that prevailed during the base year. This ratio helps show the extent to which the increase in … Read more DMPQ- Write a short note on the GDP deflator.

Budget is the annual financial statement of income and expenditure of government. The Constitution of India has a provision (Art. 112) for such a document called Annual Financial Statement to be presented in the Parliament before the commencement of every new fiscal year—popular as the Union Budget. The budget is prepared by the Budget Division … Read more DMPQ- Write a short note on the outcome Budgeting.