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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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Civil Aviation of India

The Ministry of Civil Aviation is responsible for the formulation of national policies and programmes for development and regulation of civil aviation and for...

The General Agreement of Tariffs and Trade (GATT)

The world economy was badly shattered during World War II. After the war, the reconstruction of the world economy and restoration of trade become...

An Open Economy

An open economy is an economy in which there are economic activities between the domestic community and outside can trade in goods and services with...

Urjit Patel Committee

Urjit R Patel (born 28 October 1963) is an eminent economist, consultant, and banker, currently serving as Deputy Governor of the Reserve Bank of India....

Major Crops of India

Agriculture is an old economic activity in our country which produces most of the food that we consume. Two-third of the total population of...

Securities and Exchange Board of India – SEBI

Securities and Exchange Board of India (SEBI) was initially constituted on April 12, 1988, as a non-statutory body through a resolution of Government for...

Union Budget of India 2016-17 – Key Features

Article 112 of the Constitution of India, that deals with the presentation of the Union Budget of India, has referred it as the “annual...

Economic Survey 2016-17 Volume-2

Economic Survey generally comes in two volumes. But this year due to the paucity of time and some major ongoing economic developments like demonetization,...

Salient Features of Railway Budget 2016

Union Minister Suresh Prabhu presented the Railway Budget 2016 his second Rail Budget- in Lok Sabha. The Salient Features of the Railway budget are: In Railway...

Information on Nationalised Banks

Nationalised banks dominate the banking system in India. The history of nationalised banks in India dates back to mid-20th century, when Imperial Bank of...

Difference Between Sensex and Nifty

The First difference between Sensex and Nifty is that the Sensex is an "index". An index is basically an indicator. It gives you...

Glossary of Economic Terms

Here is the list of Glossary of Economic Terms: Absolute advantage - The ability to produce something with fewer resources than other producers would use to...

Disinvestment

14th Finance Commission

Elements of Economics

History of Money

Economic Cycle