Economy

Pros Economic planning is assumed to modify the restraining influence of limited resources by recogniz­ing the existence of particular constraints and by choosing and coordinating investment projects so as to channel these scarce factors into their most productive outlets. Planning is necessary to take care of the poor and the downtrodden who have little asset … Read more DMPQ: Evaluate the pro and cons of decentralized economic planning.

The primary market is concerned with the floatation of new issues of shares or bonds. The firmsfloating new issues to raise funds may be new companies or existing companies planning expansions.The primary market is where securities are created. It’s in this market that firms sell (float) newstocks and bonds to the public for the first … Read more DMPQ:What are Primary and secondary markets ?

Financial inclusion involves the availability of sustainable, useful financial products and services for all business and individuals, regardless of company size or individual net worth. It makes financial services such as banking, insurance, equity, etc. available equally to all, without discrimination. Universal access to banking facilities for all households across the country through a bank … Read more DMPQ- “Pradhan Mantri Jan Dhan Yojana (PMJDY) has been important milestone in the journey of financial inclusion in India.” Give the arguments in favour of the statement.

Historically, India has classified and tracked its economy and GDP in three sectors: agriculture, industry and services. Agriculture includes crops, horticulture, milk and animal husbandry, aquaculture, fishing, sericulture, aviculture, forestry and related activities. Industry includes various manufacturing sub-sectors. India’s definition of services sector includes its construction, retail, software, IT, communications, hospitality, infrastructure operations, education, health … Read more DMPQ: Write and Essay on the Sectoral Composition with respect to contribution to Gross Domestic Product (GDP) and Employment

Medium of Exchange The only alter­native to using money is to go back to the barter system. However, as a system of ex­change the barter system would be highly impracticable today.  For example, if the baker who supplied the green-grocer with bread had to take payment in onions and carrots, he may either not like … Read more DMPQ- What are the Functions of money in an Economy?

(A) Performance budget Unlike the traditional line item budget, a performance budget reflects the  goal/objectives of the organization and spells out performance targets. These targets are sought to be achieved through a strategy(s). A Performance Budget gives an indication of how the funds spent are expected to give outputs and ultimately the outcomes. However, performance … Read more DMPQ- . Write a short note on followings: (A) Performance budget (B) Revenue deficit (C) Quantitative Easing

FRBM is fiscal responsibility and budget management act is an act of parliament of India to institutionalise financial discipline, reduce India’s fiscal deficit , improve macroeconomic management and the overall management of the public funds by moving towards a balanced budget. The main purpose of the budget was to eliminate the revenue deficit and to … Read more DMPQ: What is FRBM act? Why the objectives of FRBM were not achieved.

BPO Role in India’s Economic Growth has been tremendous, especially in the last few years, when the demand for outsourcing work to India has been significant among western companies. The role played by BPOs in boosting India’s economy shows that the IT and ITeS sector have been contributing largely to the economic growth of India. … Read more DMPQ- Evaluate the BPO Role in India’s Economic Growth.

The Ease of Doing Business Rank (EODB) is a measure of an economy’s position to the best regulatory practices. Though World Bank used to publish the ‘Doing Business’ reports from 2003, the ranking of economies started only from 2006. The EODB study tries to capture the experience of small and mid-sized companies in a country with their … Read more DMPQ: Write a short note on ease of doing business rank.

Commerce ministry has released a consolidated policy for FDI  in 2017. This time they have included start ups in the FDI policy also. The major features of FDI are as follows: With the dilution of FIPB, the power for clearance has been delegated to the administrative departments. The proposal relating to the banking, mining, defence, … Read more DMPQ: Discuss the features of consolidated FDI Policy for 2017.