Economy

Indian Agriculture

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  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 pc in … Read more Indian Agriculture

Inflation & Control Mechanism

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inflation is a sustained increase in the general price level of goods and services in an economy over a period of time. When the price level rises, each unit of currency buys fewer goods and services.It is the percentage change in the value of the Wholesale Price Index (WPI) on a year-on year basis. It effectively … Read more Inflation & Control Mechanism

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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growth models

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Bring out the differences and similarities between endogenous growth models and exogenous growth models.

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Role and Functions of Reserve Bank of India for Ras /Rts Mains and ras/rts Prelims Examination

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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 for Ras /Rts Mains and ras/rts Prelims Examination

Indian Agriculture

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Indian Agriculture

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Banking- Role of Commercial Banks, Issue of NPA, Financial Inclusion

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Table of Content:- Role of Commercial Banks Issue of NPA Financial Inclusion A Commercial bank is a type of financial institution that provides services such as accepting deposits, making business loans, and offering basic investment products There is acute shortage of capital. People lack initiative and enterprise. Means of transport are undeveloped. Industry is depressed. The commercial … Read more Banking- Role of Commercial Banks, Issue of NPA, Financial Inclusion

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

Poverty and Unemployment

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Assessment of the growth experience: Poverty and Unemployment

  • Poverty and unemployment are closely related
  • High poverty has a multiplier effect on quality of life, deprivation, malnutrition, illiteracy and low human resource development.

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