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What is Helicopter Money and when and why is it used?

Jul 3, 2020
The term 'Helicopter Money' was coined by the famous economist Milton Friedman. This means an unconventional monetary policy in which printed money is distributed among the public to recover an economy from the depression.

Pradhan Mantri Garib Kalyan Yojana (PMGKY): All you need to know

Jun 30, 2020
Prime Minister Narendra Modi on 30 June 2020 (Tuesday), addressed the nation through a televised address. He explained the steps taken by the government in dealing with the COVID-19 impact in India and also announced the extension of the Pradhan Mantri Garib Kalyan Anna Yojana till November end that is for further five months including the festive seasons of  Diwali & Chhat Puja.    

List of Top Chinese Companies in India

Jun 29, 2020
List of Top Chinese Companies in India:- Xiaomi, Haier, Volvo, Oppo, Vivo, Oneplus, Huawei, and Motorola are some popular Chinese companies are in India. The Chinese investors have invested 40% of its total investment in the Automobile Industry in India.

16 facts about Chinese Economy 2020 at a Glance

Jun 18, 2020
The Chinese economy is the second-largest economy in the world in terms of nominal GDP. China is the largest foreign exchange reserve holder in the world also. Read this article to know some important facts about the Chinese economy.

भारतीय रिज़र्व बैंक का OBICUS Survey : मीनिंग और उद्देश्य

Jun 18, 2020
OBICUS सर्वेक्षण RBI द्वारा तिमाही आधार पर किया जाता है। OBICUS सर्वेक्षण 'ऑर्डर बुक, इन्वेंट्री और क्षमता उपयोग सर्वेक्षण के लिए है। यह सर्वेक्षण अर्थव्यवस्था के विनिर्माण क्षेत्र के प्रदर्शन से संबंधित है।

13 Parameters to Compare India and China

Jun 17, 2020
India vs China Economic Comparison: The bilateral trade between India and China was around USD 92.68 billion in 2019. The Defence budget of China was US$ 178 billion while the Indian defense budget is US$ 70 billion in 2020.

What is bad bank which is recommended by the Indian Banking Association (IBA)?

Jun 12, 2020
Non-performing assets (NPAs) of all public and private banks in India till March 2020 stand at Rs 10 lakh crore. These NPAs are also called bad loans. The Indian Banking Association has recommended to the Reserve Bank and the Ministry of Finance to form a 'bad bank' in the country to get rid of 'bad loan' problem.

Sinking Fund: Meaning and objectives

Jun 10, 2020
A sinking fund is a kind of fund in which an amount is deposited at regular intervals that can be used to repay the debt in the future. It is called Debt Remittance Fund. There are only 23 states in India have created a sinking fund. Read this article to know the meaning, objectives, and example of a sinking fund.

Foreign Exchange Reserves: Meaning, Composition,Purpose and Benefits

Jun 8, 2020
Foreign Exchange Reserves: Meaning: Foreign exchange reserve is consists of foreign currency assets, gold, Special Drawing Rights (SDR), and reserve position in the IMF. The total size of the Indian foreign exchange reserve was US$ 487039 million in May 2020.

List of Maharatna and Navratna Companies in India

Jun 5, 2020
List of Maharatna and Navratna: As of January 2020 India has 10 Maharatna companies, 14 Navratna companies in India, and 73 Miniratna companies divided into Category 1 and Category 2. 

Kundapur Vaman Kamath: Biography, Career and Achievements

Jun 4, 2020
Mr. KV Kamath may be the new Finance Minister of India. Currently he is President of New Development Bank. He was born on 2 December 1947 at Mangalore, Madras Province, India. Read this article to know the biography of Mr. Kundapur Vaman Kamath.

Minimum Support Prices (MSP) for Kharif Crops Season 2020-21

Jun 2, 2020
Minimum Support Price (MSP) of Paddy (Common) is increased to 1,868 per quintal for the 2020-21 season.The Government announces Minimum Support Prices (MSPs) for 22 mandated crops on the recommendations of the Commission for Agricultural Costs and Prices (CACP). 

Is India in the position to boycott Chinese products?

Jun 2, 2020
India’s trade with China was $87.07 billion in 2018-19. In this duration, Indian import from China was US$70.32 in 2018-19 while Indian export to China was just US$ 16.75. It means India’s trade deficit with China was $53.57 billion in 2018-19. India sends 8% of its total exports to China whereas China sends only 2% of its total exports to India.

How Much debt on Indian Government?

Jun 1, 2020
The status report on Government debt for 2018-19 states that the total public debt of the country has increased to 68.6% of GDP by March 2019, which in simple terms has gone up to Rs.13 trillion or Rs. 1.3 crores. Read this article to know the exact amount of debt on the Indian government from 2014 to 2019.

How to get free e-PAN card?

May 29, 2020
The electronic PAN (Permanent Account Number) card allocation process has been started in India; this is a paperless facility which is being issued by the Income Tax Department. Instant PAN card facility has been started from 28 May, 2020. Let us read further on how to get a free e-PAN card.

Universal Basic Income (UBI): Definition, Features, Advantage and Disadvantages

May 21, 2020
Universal Basic Income (UBI): In the Economic Survey 2016-17, Finance Minister Arun Jaitley advocated Universal Basic Income scheme (UBI) in place of various social welfare schemes in the country, in an effort to reduce poverty and income inequality in the country.

Indian Economy: A Complete Study Material for Competitive Exams

May 21, 2020
The Complete Study Material of the “Indian Economy” is segmented into 5 Sections. These sections are; Economic Planning in India, The horizon of Indian Economy, Government Schemes & Programmes in India, Money and Banking and International Agencies and Trade.

List of Geographical Indications (GI) Tags in India

May 15, 2020
Darjeeling tea was the first product that got a GI tag in India in 2004–05. Till now around 365 products have been added to the GI list. Recently Kashmir saffron and black rice of Manipur got the GI tag. Read this article to know the full list of GI tagged products in India.

What is the New definition of Micro, Small and Medium Enterprises?

May 13, 2020
MSME Definition 2020: The Micro Small and Medium Enterprises (MSMEs) are classified as per the MSME Act-2006. In the economic package to the MSME sectors of the country, FM Sitharaman has provided 3 lac crore loan to boost up this sector.

Crowdfunding: Meaning, Types, and Benefits

May 12, 2020
Crowdfunding is a method of raising capital through the collective efforts of a large number of individual investors. Crowdfunding is done primarily online via social media and websites. Read this article to know the types and benefits of Crowdfunding.

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