Economy

General Studies IIIEconomyINFRASTRUCTURE

PM GATISHAKTI

PM GATISHAKTI: Powering India’s Infrastructure Growth Introduction In August 2021, India’s Prime Minister Narendra Modi unveiled a visionary and ambitious

Read More
General Studies IIIEconomy

The Incremental Capital Output Ratio (ICOR)

The Incremental Capital Output Ratio (ICOR) is a key concept in economics and finance that plays a crucial role in

Read More
General Studies IIIEconomy

The Capitalist Economy

Introduction The capitalist economy is a system characterized by private ownership, market competition, profit maximization, and minimal government intervention. Also

Read More
General Studies IIIEconomy

Major economical events

Modern world history has witnessed significant economic events that have shaped the global economy. Here are some major economic events

Read More
General Studies IIBankingInternational Organizations

Asian Development Bank (ADB): Driving Sustainable Development and Economic Growth in Asia

Introduction:The Asian Development Bank (ADB) stands as a pillar of economic cooperation and development in the Asia-Pacific region. Since its

Read More
General Studies IIIEconomy

RAMP scheme- Raising and Accelerating MSME Performance (RAMP) scheme

Context: Recently, the Union Cabinet approved the “Raising and Accelerating MSME Performance” (RAMP) scheme which would commence in FY 2022-23. *World Bank

Read More
General Studies IIIEconomy

Shrinkflation

Context Due to rising costs many companies are practicing “Shrinkflation”. What is Shrinkflation? In economics, shrinkflation, also known as the grocery shrink ray, deflation or package downsizing,

Read More
General Studies IIIEconomy

CEPA between India-UAE

Context: Recently, the Comprehensive Economic Partnership Agreement (CEPA) between India and the United Arab Emirates (UAE) got finalised. What is CEPA? It is

Read More
General Studies IIIEconomyRBI

Reserve Bank Innovation Hub (RBIH)

Context: Reserve Bank of India (RBI) governor Shaktikanta Das  inaugurated the Reserve Bank Innovation Hub (RBIH) in Bengaluru recently. About Reserve

Read More
General Studies IIIEconomyRBI

UPI123Pay

Context: The Reserve Bank of India has recently launched two key initiatives named UPI123Pay- Option to make Unified Payments Interface

Read More