
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 …
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 …
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 |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 …
Unemployment and Indian Economy. Unemployment simply means a Situation When able and willing people are not getting jobs as per their own capabilities. TYPES OF UNEMPLOYMENT : Structural Unemployment: This type of unemployment is associated Read More …
Instrument Of Monetary Policy Instruments of Credit Control credit control are of two Instruments of types: A. Ouantitative Instruments: 1. Bank rate – It is the rate of interest at which RBI provides long-term loans Read More …
NITI AAYOG & BANKING IN INDIA :RESERVE BANK OF INDIA Niti Aayog:The term NITI stands for National Institution for Transforming India that will seek to provide a critical directional and strategic input into the developmental Read More …
Brief Description Of Five-Year Plans First plan:(1951-1956): Target Growth:2.1 percent Actual Growth :3.6 percent Objectives :1.Focus on agriculture, rural development, price stability, power and transport. 2.It was based on Harrod-Domar Model. It is used in Read More …
ECONOMIC PLANNING IN INDIA The credit for conceptualising the idea of planning goes to M. Visvesvarayya through his book ‘Planned Economy’ for Indiain 1936.The first attempt to develop a national plan for India came up Read More …