Economy

Impacts of Privatization

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Privatization in generic terms refers to the process of transfer of ownership, can be of both permanent or long term lease in nature, of a once upon a time state-owned or public owned property to individuals or groups that intend to utilize it for private benefits and run the entity with the aim of profit maximization. ADVANTAGES … Read more Impacts of Privatization

Impacts of Globalisation:-

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Definition of Globalization :- Its a process(not an outcome) characterized by increasing global Interconnections by gradual removal of barriers to trade and investment between nation and higher economic efficiency through competitiveness. Various economic, political, social and cultural effects of globalization are as follows:- Breaking down of national economic barriers International spread of Trade, Financial and … Read more Impacts of Globalisation:-

Role of World Bank, IMF WTO & other Important International Organisations in world Economy:-

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The International Bank for Reconstruction and Development (IBRD), commonly referred to as the World Bank, is an international financial institution whose purposes include assisting the development of its member nation’s territories, promoting and supplementing private foreign investment and promoting long-range balance growth in international trade. The World Bank was established in December 1945 at the … Read more Role of World Bank, IMF WTO & other Important International Organisations in world Economy:-

Role of World Bank, IMF WTO & other Important International Organisations in world Economy:- For Ras RTS Mains exam of Rpsc

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The International Bank for Reconstruction and Development (IBRD), commonly referred to as the World Bank, is an international financial institution whose purposes include assisting the development of its member nation’s territories, promoting and supplementing private foreign investment and promoting long-range balance growth in international trade. The World Bank was established in December 1945 at the … Read more Role of World Bank, IMF WTO & other Important International Organisations in world Economy:- For Ras RTS Mains exam of Rpsc

Rajasthan: Economics and Finance

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Rajasthan Mineral Policy  2015 Rajasthan may put about 400 small size mining leases of minerals like granite,marble and quartz under the hammer in 2015 as it looks to expand its area under mining as well as increase revenue. 9% of total mineral production in the country, is also exploring joint ventures (JV) with multi national companies (MNCs) to … Read more Rajasthan: Economics and Finance

Role and Functions of Reserve Bank of India

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Role of RBI Pre-reform Post-reform Developmental Role: the developmental role has increased in view of the changing structure of the economy with a focus on SMEs and financial inclusion Priority Sector Lending: Introduced from 1974 with public sector banks. Extended to all commercial banks by 1992 In the revised guidelines for PSL the thrust is … Read more Role and Functions of Reserve Bank of India

Indian Agriculture- Current Status, Issues & initiatives. for Ras/Rts Mains and Ras Rts Prelims Exam

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Indian Agriculture Mainstay of Indian Economy Since independence, undergone a change from being the sector contributing the highest share to the GDP to one contributing the lowest share. Agriculture is a state subject. GDP contribution (Agriculture and allied sector) 5 pc in 1950-51 7 pc in 2008-09 and 14.6 pc in 2009-10. It was 19 … Read more Indian Agriculture- Current Status, Issues & initiatives. for Ras/Rts Mains and Ras Rts Prelims Exam

Economic Terms

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Depository Receipt

A depositary receipt (DR) is a type of negotiable (transferable) financial security that is traded on a local stock exchange but represents a security, usually in the form of equity, that is issued by a foreign publicly listed company. The DR, which is a physical certificate, allows investors to hold shares in equity of other countries. One of the most common types of DRs is the American depositary receipt (ADR), which has been offering companies, investors and traders global investment opportunities since the 1920s.

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services sector

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Probable questions:

  1. What is the contribution of services sector to India’s economy?
  2. Do you think India is over-tertiarised?

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Public Economics

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Public Economics

Study of economic efficiency, distribution and government economic policy.

Developed out of the original political economy of JS Mill and David Ricardo. It is a very important branch of economics because of the foundation it provides for practical policy analysis.

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