Economy

Poverty, low per capita income, under-development, unemployment, prompted the newly established Indian polity to adopt economic planning for the development of the country. The idea of economic planning can be traced to 1934, when M. Visvesverayya in his book ‘Planned Economy of India’, advocated for planning to increase the national income. It was taken up … Read more DMPQ: Analyze why Indian economy is considered as planned developing economy.

The Monetary Policy Committee of India is a committee of the Reserve Bank of India that is responsible for fixing the benchmark interest rate in India. The meetings of theMonetary Policy Committee are held at least 4 times a year and it publishes its decisionsafter each such meeting. The committee comprises six members – three … Read more DMPQ:Write a short note on Monetary Policy Committee.

The Indian textile industry has a significant presence in the economic life of our country. It is the second largest textile industry in the world after China. The textile industry contributes about 14% to the country’s industrial output and about 17% to export earnings. After agriculture, this industry is the second largest employer in India … Read more DMPQ- Explain the Importance of textile industry in Indian economy

Withholding tax: A tax imposed on the income on a foreign portfolio (investments). This tax is imposed to discourage foreign investments, to encourage domestic investment, and to raise money for the government.   Venture capital: Generally, a private equity capital which lends capital to the entrepreneurs who are innovative and cannot get the required fund … Read more DMPQ: Explain the following terms: (Economy)

Tier-1 capital:     Tier 1 capital, used to describe the capital adequacy of a bank, is core capital that includes equity capital and disclosed reserves. Tier 1 capital is essentially the most perfect form of a bank’s capital — the money the bank has stored to keep it functioning through all the risky transactions it … Read more DMPQ: Define the following terms; a) Tier -1 capital b) Tier -2 capital c) CAR d) Public debt( Economy)

Operation Twist is a program of quantitative easing used by the Federal Reserve. The so-called “twist” in the operation occurs whenever the Fed uses the proceeds of its sales from short-term Treasury bills to buy long-term Treasury notes. Short-term instruments mature in three years or less while long-term notes and bonds have a term between … Read more DMPQ- Operation Twist

Interest subvention scheme was launched to make available agricultural credit for short term crop loans at an affordable rate to give boost to agriculture productivity and production in the country. The salient features of the scheme are as follows:   It provides concessional of 2% per annum for crop loans to farmers, upto Rs. 3 … Read more DMPQ: What is interest subvention scheme? Discuss its salient features

. First and the foremost reason for this is the high cost of rail movement arising out of policy  of cross subsidization by IR. Passenger fares especially sleeper class are underpriced and  made up through increased freight fares. In India, passenger rail fares are highly politically  sensitive. However, this is also because of the social … Read more DMPQ- “Currently Railway’s freight sector is possessed by many challenges” Elaborate.

According to SEBI, Junk bonds are high yield bonds issued by low rated companies.   Junk bonds are a high-yielding debt instrument without an investment grade (noninvestment-grade bond).  These bonds carry a credit rating of BB and lower, because they have a higher risk of default. Typically, these bonds also give higher returns as opposed to … Read more DMPQ- What are junk bonds?

Highlights of the Bill This Bill amends the principal Act passed in 2013. The Bill enables the government to exempt five categories of projects from the requirements of: (i) social impact assessment, (ii) restrictions on acquisition of multi-cropped land, and (iii) consent for private projects and public private partnerships (PPPs) projects. The five categories of … Read more DMPQ- Highlight the key features of The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement (Second Amendment) Bill, 2015