NAIRU is the lowest unemployment rate that can be sustained without causing inflation to rise. It’s a measure of the economy’s “spare capacity”
NAIRU – Non Accelerating Inflation Rate of Unemployment Read More »
Proba-3 mission, a ESA mission consisting of two satellites, is designed to study the solar corona—the outer layer of the Sun’s atmosphere.
Phillips Curve states that inflation and unemployment have an inverse relationship; higher inflation is associated with lower unemployment and vice versa.
Rural poverty, is characterised by various factors including poor living conditions, heavy reliance on agriculture, landlessness and limited access to basic services.
Global Multidimensional Poverty Index(MPI) was developed by the OPHI and the UNDP and uses different factors to determine poverty beyond income.
Multidimensional Poverty Index(MPI) Read More »
Banking Sector Reforms refer to the series of changes implemented to modernise and strengthen the Indian banking system.
Banking sector reforms Read More »
Banking laws amendment bill allows bank account holders to have up to four nominees in their accounts also proposes changes related to directorship.
Banking laws amendment bill – 2024 Read More »
Biosimilars refer to a biologic that is very similar to the one that has been cleared by the authorities for prescription by doctors.
Patent evergreening is a strategy used by companies to extend the life of their patents and maintain commercial exclusivity.
Patent evergreening Read More »
the right to privacy is protected as an intrinsic part of the right to life and personal liberty under Article 21, Part III of the Constitution
