Taxation

Taxes are levied by governments on their citizens to generate income for undertaking projects to boost the economy of the country and to raise the standard of living of its citizens. The authority of the government to levy tax in India is derived from the Constitution of India, which allocates the power to levy taxes […]

Taxation Read More »

Monetary Policy

Monetary Policy is defined by the Reserve Bank of India as “the policy of the central bank with regard to the use of monetary instruments under its control to achieve the goals specified in the RBI Act, 1934.” Monetary policy is concerned with the measures taken to regulate the supply of money, the cost and

Monetary Policy Read More »

Agriculture – Indian Economy, Previous Year Questions(UPSC CSE)(2011-24)

1. With reference to the Digital India Land Records Modernisation Programme, consider the following statements:  To implement the scheme, the Central Government provides 100% funding. Under the Scheme, Cadastral Maps are digitised. An initiative has been undertaken to transliterate the Records of Rights from local language to any of the languages recognized by the Constitution

Agriculture – Indian Economy, Previous Year Questions(UPSC CSE)(2011-24) Read More »

IMF, World Bank and WTO – Indian Economy, Previous Year Questions(UPSC CSE)(2011-24)

Consider the following statements: 1. India is a member of the International Grains Council. 2. A country needs to be a member of the International Grains Council for exporting or importing rice and wheat.  Which of the statements given above is/are correct? (a) 1 only (b) 2 only (c) Both 1 and 2 (d) Neither

IMF, World Bank and WTO – Indian Economy, Previous Year Questions(UPSC CSE)(2011-24) Read More »

Balance of Payments – Indian Economy, Previous Year Questions(UPSC CSE)(2011-24)

1. Consider the following statements: 1. Tight monetary policy of US Federal Reserve could lead to capital flight. 2. Capital flight may increase the interest cost of firms with existing External Commercial Borrowings (ECBs). 3. Devaluation of domestic currency decreases the currency risk associated with ECBS. Which of the statements given above are correct? (a)

Balance of Payments – Indian Economy, Previous Year Questions(UPSC CSE)(2011-24) Read More »

Scroll to Top