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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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Disinvestment

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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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Elements of Economics

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The Goods and Services Tax (GST)

Goods and Services Tax (GST), a value added tax, is collected at all points in the supply chain. In this particular tax, credit is...

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RuPay

RuPay is an Indian domestic card scheme conceived and launched by the National Payments Corporation of India (NPCI). It was created to fulfill the Reserve Bank of India’s desire to have...

Privatization

Privatization is the process of transferring ownership of a business, enterprise, agency, public service, or public property from the public sector (a government) to...

Bullet trains: Yay or Nay?

What are bullet trains? Bullet trains are basically high speed rail trains that go over speeds of about 250-300 kilometres per hour. It is named...

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Journal and Ledger Account

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Example of Journal and Ledger Account Preparation: Learning Objectives: How are Journal and Ledger accounts are prepared? How Ladger Accounts Prepared Journalise the following transactions and post...

Evolution of Postal Services

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Rapid evolution in postal services has made it possible to send messages more quickly and easily today. Let's have a look at its journey from...

Socio Economic Caste Census (SECC) – 2011

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The Socio Economic Caste Census (SECC) 2011, a study of socio-economic status of rural and urban households that permits ranking based on predefined parameters,...

Few Facts About Reserve Bank of India

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Functions of RBI: Banker to the government : Performs merchant banking functions for the central and state governments also acts as their banker. Banker to banks: Maintains banking...

ECONOMICS AND TRADE-2

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16.  Pure monopoly : a pure monopoly exist if one and only one firm produces and sells a particular commodity in the market. 17.Oligopoly :...

Rice production in India

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Rice is one of the chief grains of India. India has the biggest area under rice cultivation, as it is one of the principal...

Financial Management- Meaning, Scope, Objectives and Functions

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Financial Management means planning, organizing, directing and controlling the financial activities such as procurement and utilization of funds of the enterprise. It means applying...

HUMAN PHYSIOLOGY AND HYGIENE

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DIGESTIVE SYSTEM ORGANS Organ concerned with digestion: The organs concerned with the digestion of our food are teeth, gullet, oesophagus, stomach, small intestine, large intestine, and...

Income Tax Saving in India

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Some of the Sections of Income Tax Act, 1961 are detailed below which detail few exemptions and categories of exempt income that you can...

India’s Trade Policy

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Objectives of India's trade policy India's Trade policy of a country refers to the set of policies which govern the external sector of its economy. As...

Recommendation of the KC Chakrabarty Committee on Recapitalisation of RRBs

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The Government of India had constituted a committee in September 2009 (Chairman Dr. KC Chakrabarty committee) to study the current levels of capital-to-risk-waited asset...

Globalization and International Business

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Globalization is a process through which different economies of the world gradually lift up the restrictions, that hinders the free flow goods, services, resources...
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