What is Money? Money has been defined differently by different economists. But the most acceptable definition of money can be stated in terms of all the functions of money.Money is anything which is generally accepted as a means of exchange, a measure and store of value and which also acts as standard of deferred payments. […]
Money and Financial System of India Read More »
Mains PYQs What were the factors responsible for the successful implementation of land reforms in some parts of the country? Elaborate.(2024) State the objectives and measures of land reforms in India. Discuss how land ceiling policy on landholding can be considered as an effective reform under economic criteria.(2023) How did land reforms in some parts
Land Reforms in India Read More »
Mains PYQs Elaborate the scope and significance of the food processing industry in India.(2022) What are the challenges and opportunities of food processing sector in the country? How can income of the farmers be substantially increased by encouraging food processing?(2020) Elaborate the policy taken by the Government of India to meet the challenges of the
Food Processing – Scope, Significance and Challenges, Initiatives by GOI Read More »
Mains PYQs Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo. Green Revolution It is the introduction of new techniques of agriculture which became popular by the name of the Green Revolution (GR) around the world in early 1960\’s – at first for wheat and by
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Mains PYQs Is inclusive growth possible under market economy? State the significance of financial inclusion in achieving economic growth in India.(2022) “Investment in infrastructure is essential for more rapid and inclusive economic growth.” Discuss in the light of India’s experience. (2021) Explain intra-generational and inter-generational issues of equity from the perspective of inclusive growth and
Concept of Inclusive Growth Read More »
Free Trade Vs Protectionism Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo. Barriers of Trade Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo. Stages of Economic Integration World Trade Organization, as an institution was established
Bretton Wood Twins As both institutions are outcome of a conference – “United Nations Monetary and Financial Conference” at the Mount Washington Hotel in In Bretton Woods, New Hampshire in 1944. They are popularly referred as Brettonwood twins. Purpose of Bretton wood institutions The basic aim was to help rebuild the shattered post-war economy (
International Monetary Fund(IMF) Read More »
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
Fiscal policy is the use of government spending and taxation to influence the economy, to promote sustainable growth and reduce poverty.
