Economy

DMPQ: Give possible suggestions for credit enhancement for farmers.

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Possible solutions are: Expand the outreach of the formal credit system to reach the really poor and needy. Reduce rate of interest for crop loans to 4 per cent simple, with government support. Moratorium on debt recovery, including loans from non-institutional sources, and waiver of interest on loans in distress hotspots and during calamities, till … Read more DMPQ: Give possible suggestions for credit enhancement for farmers.

DMPQ- What is the concept of Universal basic income ? Critically evaluate it’s viability for India.

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Universal Basic Income is a radical and compelling paradigm shift in thinking about  both social justice and a productive economy. A universal basic income is, like many  rights, unconditional and universal: it requires that every person should have a right  to a basic income to cover their needs, just by virtue of being citizens. The … Read more DMPQ- What is the concept of Universal basic income ? Critically evaluate it’s viability for India.

DMPQ- What do you understand by the term Monetary Policy Transmission.

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Monetary transmission refers to the process by which a central bank’s monetary policy signals (like repo rate) are passed on, through financial system to influence the businesses and households.  There are many monetary policy signals by the RBI; the most powerful one is the repo rate. When repo rate is changed, it brings changes in … Read more DMPQ- What do you understand by the term Monetary Policy Transmission.

DMPQ: Define following term ( Eco) a) Current account b) Capital account c) Balance of payment d) Trade balance

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Current account:       Current account refers to the account maintained by every government of the world in which every kind of transaction is shown, this account is maintained by the central banking body. Current transactions of an economy in foreign currency all over the world- export, import, interest payments, foreign investments in share.   Capital account:         … Read more DMPQ: Define following term ( Eco) a) Current account b) Capital account c) Balance of payment d) Trade balance

DMPQ- “In recent years Government of India has taken several measures to improve the ease of doing business in India.” Elucidate.

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The government of India has taken a series of following measures to improve ‘Ease of  Doing Business’ in the country. Existing rules have been simplified and information tech­ nology is introduced to make governance more efficient and effective: The process of applying for Industrial License (IL) and Industrial Entrepreneur Memorandum (IEM) has been made online … Read more DMPQ- “In recent years Government of India has taken several measures to improve the ease of doing business in India.” Elucidate.

DMPQ- What are the major objectives of Gold monetization scheme? How it’s going to benefit india’s financial situation?

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The Gold Monetization Scheme is a welcome step initiated by the Government of India to  unlock the unused and idle gold lying in households and institutions and bring them into  mainstream and release the capital locked in for use in the economy for its development.  The key objectives of this scheme are stated as under: … Read more DMPQ- What are the major objectives of Gold monetization scheme? How it’s going to benefit india’s financial situation?

DMPQ- Aspirational District Programme.

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Launched by the Hon’ble PM in January, the ‘Transformation of Aspirational Districts’ programme aims to quickly and effectively transform these districts. The broad contours of the programme are Convergence (of Central & State Schemes), Collaboration (of Central, State level ‘Prabhari’ Officers & District Collectors), and Competition among districts driven by a mass Movement. With States … Read more DMPQ- Aspirational District Programme.

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