Economics |

What are Digital banking units (DBU)? | Know all about it | Digital Banking – Free PDF Download

A digital banking unit is a specialized fixed point business unit or hub housing certain minimum digital infrastructure for delivering digital banking products and services. It will operate under retail banking division of the banks and will deliver new...

Published On July 26th, 2022
What is Consumer price index (CPI)? – Important Economy Concept – Free PDF Download

To measure inflation we need an index. The index used to calculate retail inflation in the economy is Consumer Price Index Consumer Price Indices (CPI) measures change over time in general level of prices of goods and services that...

Published On July 26th, 2022
Macroeconomic NCERT | Marathon Session – Free PDF Download

Why do we need macroeconomics? Till now we have studied microeconomics where we talked about an individual firm, consumer, household. But what an individual is consuming / performing/ behaving cannot be concluded for how the economy as a whole...

Published On July 17th, 2022
What’s the Difference between Nostro and Vostro accounts? | Concept – Free PDF

Correspondent banks are financial institutions that act as an agent on behalf of other financial institutions, usually foreign banks. Correspondent banks may perform number of functions like Treasury services, manage foreign exchange, manage international investments and facilitate international trade and...

Published On July 16th, 2022
Appreciation and Depreciation of Rupee & Impact on the Economy? – Concept of Economy – Free PDF

Appreciation and Depreciation of currency Appreciation simply means increase in the value of domestic currency with respect to the other currency which is usually US dollars 1$ = 70 INR 1$ = 65 INR Depreciation simply means decrease in the...

Published On July 16th, 2022
What is Twin deficit? – Know all about in Twin deficit – Indian Economy – Free PDF

Current Account Deficit And Fiscal Account Deficit A twin deficit problem is where there is simultaneous increase in Fiscal Account Deficit and Current Account Deficit A Fiscal Deficit is a situation where Government Expenditure is more than its Revenue. When the...

Published On July 7th, 2022
What Is National Income? – Indian Economy – Free PDF Download

Definitions National Income of any country is the complete value of the goods and services produced during its financial year Valued in terms of money National Income considers only the factor incomes Economic Territory: Geographical territory administered by a...

Published On July 7th, 2022
What Is Unemployment? – Indian Economy – Free PDF Download

Unemployment rate is the number of people unemployed divided by the working population or people working under labour force Unemployment rate = (Unemployed Workers / Total labour force) × 100 NSSO under Ministry of Statistics and Programme Implementation measures...

Published On July 7th, 2022
NITI Aayog Report on Gig Economy – Indian Economy – Complete Analysis – Free PDF Download

India’s Booming Gig and platform Economy Perspective and Recommendations on the future of work Gig Worker Those who work outside the traditional employer-employee setting. Facts and Figures The study estimates that in 2020- 21, 77 lakh workers were engaged in...

Published On July 5th, 2022
National Multidimensional Poverty Index – Indian Economy – Free PDF Download

Prepared By: the Government think-tank NITI Aayog Objective: To measure poverty across its multiple dimensions and in effect complements existing poverty statistics based on per capita consumption expenditure. Purpose of National MPI as a measure: Enhanced high-level view of...

Published On July 1st, 2022