1. In India, planned economy is based on—(A) Gandhian System(B) Socialist System(C) Capitalist Systemn(D) Mixed Economy System 2. The Gandhian Plan was expounded in 1944 by—(A) N.R. Sarkar(B) Kasturi Bhai Lal Bhai(C) Jai Prakash Narayan(D) Read More …
Category: INDIAN ECONOMY
National Income|Indian Economy
National Income (Economy of India) 1. In India, National Income is computed by which of the following? (A) Planning Commission (B) Ministry of Finance (C) Central Statistical Organisation (D) Reserve Bank of India 2. Who Read More …
Economics—An Introduction
Economics is “the social science that studies the production, distribution, and consumption of goods and services.” Economics focuses on the behaviour and interactions of economic agents and how economies work.
GDP|Development|National Income
Basic Concept|GDP|Development|National Income Economic Growth: It refers to increase. in the country’s capacity to produce the output of the goods and services within the country. A good indicator of economic growth is steady increase in Read More …
Economics Basic Questions
Economics Basic Questions|UPSC, PSC, WBCS Economics Solved Questions 1. The problem of Economics arises from(A) Plenty(B) Scarcity of goods(C) More wants and less goods(D) All of the aboveAns. (B) Scarcity of goods Explanation : Economics Read More …
Sukanya Samriddhi Account Yojana|Pradhan Mantri Jeevan yoti Bima Yojana|
Sukanya Samriddhi Account Yojana:Beti Bachao Beti Padhao’ campaign. Save for every girl child in India. Reinforcing this idea Prime Minister Narendra Modi launched ‘Sukanya Samriddhi Account Scheme’ , a small savings scheme part of the’Beti Read More …
Estimation Of Poverty | Poverty In India|
Indian Economy : Poverty Estimation India is home to 1/3rd of poor people in the world. If we add the poor of Pakistan and Bangladesh into it, we find that almost half of world poverty Read More …
BANKING SECTOR REFORMS |ECONOMY
Banking Sector Reforms |rlearn In 1991, the country was caught into a deep crisis. The government decided to introduce comprehensive economic reforms.Hence, the financial sector reforms started in 1991. It helped the banking sector in Read More …
Financial Institutions|Regional Rural Banks
Regional Rural Banks|Financial Institutions Set up in 1975.Their main objective is to develop the rural economy by providing credit and encouraging other productive activities in the rural areas. These banks provide institutional credit to the Read More …