Category: Economy

National income is the total value a country’s final output of all new goods and services produced in one year. Understanding how national income is created is the starting point for macroeconomics. 4 ways...

Economics is studying about turning scarce resources to commodities and distributing those resources.How choices are made and how resources are utilized keeping  these choices in mind. Resources are limited; choices (Needs & wants) needs...

Securities and Exchange Board of India SEBI was formed in 1988 and was given statutory powers through SEBI act 1992, the year in which the Rs.5,000 crore Harshad Mehta securities scam hit Indian stock...

Writing is an art. When it comes to civil service exams, this art can be of utmost importance. As we say “Practice makes us perfect.” \/ Let us start writing discussing each topic daily...

The RBI is the central bank of the country. It was established in early twentieth century, as most of other central banks in other parts of the world. History: It was set up on...

What is PIL? According to Indian law, public interest litigation means litigation (Legal actions) for the protection of the public interest. In simple words, litigation filed in a court of law, for the protection of “Public Interest”, such as...

 Foreign Direct Investment (FDI) in India is the major monetary source for economic development in India. Apart from being a critical driver of economic growth, foreign direct investment (FDI) is a major source of...