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An Unemployment or Joblessness

Unemployment or joblessness occurs when people are without work and actively seeking work. The unemployment rate is a measure of the prevalence of unemployment...

Disinvestment

14th Finance Commission

The Finance Commission of India came into existence in 1951. It was established under Article 280 of the Indian Constitution by the President of India. It was formed to define the...

Elements of Economics

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An Unemployment or Joblessness

Unemployment or joblessness occurs when people are without work and actively seeking work. The unemployment rate is a measure of the prevalence of unemployment...

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An Unemployment or Joblessness

Unemployment or joblessness occurs when people are without work and actively seeking work. The unemployment rate is a measure of the prevalence of unemployment...

Disinvestment

Disinvestment, which is the dilution of the government’s stake in public sector units, is a policy pursued by the government for bridging the fiscal...

14th Finance Commission

The Finance Commission of India came into existence in 1951. It was established under Article 280 of the Indian Constitution by the President of India. It was formed to define the...

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Current account Convertibility Vs Capital account convertibility

Capital Account Convertibility means that rupee can now be freely convertible into any foreign currencies for the acquisition of assets like shares, properties, and assets...

Infrastructure and Development

The term infrastructure and development points to core elements of economic and social change. These kernel elements serve as a support system to all production...

The National Development Council (NDC)

The National Development Council (NDC) or the Rashtriya Vikas Parishad is the apex body for decision making and deliberations on development matters in India presided...

Fiscal Policy

Fiscal policy involves the government changing the levels of taxation and government spending in order to influence Aggregate Demand (AD) and the level of...

Balance of Trade

The balance of trade is the difference between the monetary value of exports and imports of output in an economy over a certain period. It is...

Both Rail Budget and Union Budget Go Green

For the first time in the history of Budgeting in India the Union and the Railway Budgets have extremely obvious about “ budget go green ”...

Nationalised Banks in India

The history of nationalised Banks in India dates back to the year 1955 when the Imperial Bank of India was nationalized and re-christened as State...

Terminologies Used in Banking and Finance Sector

Let's have a quick look on some of the terminologies used in banking and finance sector.  Accrued interest: Interest due from issue date or...

Chakravyuha challenge

The word  "Chakravyuha" in Chakravyuha challenge is taken from the legend of  Mahabharata which means “the ability to enter but not exit”. After independence and till the...

A Company – Definition, Features, Types and Companies Act

A company is a voluntary association of persons formed for the purpose of doing business, having distinct legal identity, a name and limited liabilities. Following are...

How Paper Money is Made?

Paper money is commonly used throughout much of the world today. In the United States the official name for paper money is the Federal...

Cost of Production

Cost of production refers to the total sum of money needed for the production of a particular quantity of output. Production refers to the output of...

Disinvestment

14th Finance Commission

Elements of Economics

History of Money

Economic Cycle