Economy

    Establishment of state level regulatory authorities- Real Estate Regulatory Authority (RERA)- the Act provides for State governments to establish more than one regulatory authority Functions: Register and maintain a database of real estate projects; publish it on its website for public viewing, Protection of interest of promoters, buyers and real estate agents development … Read more DMPQ: What are the key provisions of the Real estate regulation act? (ECONOMY)

Labour reforms essentially mean taking steps in increasing production, productivity, and employment opportunities in the economy in such a manner that the interests of the workers are not compromised. “Essen­tially, it means skill development, retraining, redeployment, updating knowledge base of workers-teachers, promotion of leadership qualities, etc. The recommendation of NITI aayog are: Codification of labour … Read more DMPQ- Outline the recommendations of Nitiaayog on labour reforms.

Out of pocket expenditure on health is one of the reason for perpetual poverty. The major chunk goes in buying medicine. Hence to deal with this issue PMB jan aushadhi yojana was launched to ensure the availability of quality medicine at affordable price for all, particularly the poor and disadvantaged.  The salient features of the … Read more DMPQ: What are the objectives of Pradhan Mantri Bhartiya Janaushdi Pariyojana? Discuss its salient features also.

Project Sashakt was proposed by a panel led by PNB chairman Sunil Mehta. Bad loans of up to ₹ 50 crore will be managed at the bank level, with a deadline of 90 days. For bad loans of ₹ 50-500 crore, banks will enter an inter-creditor agreement, authorizing the lead bank to implement a resolution plan in 180 days, … Read more DMPQ- What is Project Sashakt?

  MONETARY POLICY TOOL:   There are several direct and indirect instruments that are used for implementing monetary policy. Repo Rate: The (fixed) interest rate at which the Reserve Bank provides overnight liquidity to banks against the collateral of government and other approved securities under the liquidity adjustment facility (LAF). Reverse Repo Rate: The (fixed) … Read more Quick Revision- MONETARY POLICY TOOL

Open Acreage Licensing Policy (OALP) gives an option to a company looking for exploring hydrocarbons to select the exploration blocks on its own, without waiting for the formal bid round from the Government. UnderOpen Acreage Licensing Policy (OALP), a bidder intending to explore hydrocarbons like oil and gas, coal bedmethane, gas hydrate etc., may apply … Read more DMPQ- Write a short note on Open acreage licensing policy.

Ans: Angel tax is a term used to refer to the income tax payable on capital raised by unlisted companies via issue of shares where the share price is seen in excess of the fair market value of the shares sold. The excess realisation is treated as income and taxed accordingly. The tax was introduced … Read more DMPQ: . What is Angel Tax? What are the concerns attached with the Angel Tax?

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

a) Disinvestment: Disinvestment means sale or liquidation of assets by the government, usually Central and state public sector enterprises, projects, or other fixed assets.The government undertakes disinvestment to reduce the fiscal burden on the exchequer, or to raise money for meeting specific needs, such as to bridge the revenue shortfall from other regular sources. b) … Read more DMPQ- Explain following terms: a) Disinvestment b) Strategic Disinvestment c) Privitisation d) Offer for sale e) Cross Holding