Railway,Roades And Ports of India Impact on The Indian economy The Indian Railways contributes to India’s economic development, accounting for about one per cent of the GNP and the backbone of freight needs of the core sector. It accounts for … Read more
Category: Indian economy
Miscellaneous Facts:
Miscellaneous Facts: India’s GDP per Capita 622 (US $ PPP). It is 684 US $ for Pakistan. The top 3 countries with external debt are Brazil (235 billion $), China (193 billion $) & Russia (175 billion $). … Read more
Commissions/Committees & Their Purpose
Commissions/Committees & Their Purpose Arjun Sen Gupta Public Sector Enterprise Autonomy Committee Rangarajan Committee Disinvestment of PSUs & Balance of Payments. Malhotra Committee Insurance Sector & its regulation. Follow up led to … Read more
Four Modes of Services under GATT
Four Modes of Services under GATT Mode 1 Cross border trade, which is defined as delivery of a service from the territory of one country into the territory of other country; Mode 2 Consumption abroad – this mode … Read more
Direct & Indirect Taxes
Direct & Indirect Taxes Direct Tax Indirect Tax Corporation Tax Excise Duties Income Tax Service Tax Interest Tax Central Value Added Tax (Vat) Expenditure Tax … Read more
Components of Money Supply
Components of Money Supply M1 Consists of currency with the public (ie notes & coins in circulation minus cash with the banks) plus demand deposits with the bank (deposits which can be withdrawn without notice) plus … Read more
Organizations & Their Survey/Reports
Organizations & Their Survey/Reports 1. World Economic & Social Survey U. N 2. World Investment Report UNCTAD 3. Global Competitiveness Report World Economic Forum 4. World Economic Outlook IMF 5. Business Competitive Index World Economic Forum 6. Green Index World … Read more
Millenium Development Goals
Millenium Development Goals 1. Eradicate extreme poverty and hunger 2. Achieve universal primary education 3. Promote gender equality and empower women 4. Reduce child mortality 5. Improve maternal health 6. Combat HIV/AIDS, malaria, and other diseases 7. Ensure environmental sustainability … Read more
Financial Inclusion
Financial Inclusion Financial inclusion or inclusive financing is the delivery of financial services at affordable costs to sections of disadvantaged and low-income segments of society, in contrast to financial exclusion where those services are not available or affordable. Government of … Read more
Role of Commercial Banks
Role of Commercial Banks 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 … Read more
