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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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Inventory Control Methods

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There are many used for inventory control methods, here are those inventory control methods, along with their benefits and limitations: Min-Max System: In this method, after a careful...

Limitations of Securities and Exchange Board of India (SEBI)

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In April/May 1992, the Securities and Exchange Board of India issued operational guidelines to financial intermediaries i.e., stock broker and sub-brokers operating on the stock...

Elements of the cash flow stream of a project

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To evaluate a project, must determine the relevant cash flow, which are the incremental after-tax cash flows associated with the project. The cash flow stream...

Important Financial Organizations

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Here is the list of Important Financial Organizations: 1955: Industrial credit and Investment Corporation India Ltd(ICICI) 1962: Deposit Insurance Corporation 1963: Agricultural Refinance Corporation ...

CRISIL Rating

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CRISIL Rating has adopted the conventional rating system prevailing in the advanced centuries. The main symbols used in credit rating of debt securities and...

Mutual Fund

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A mutual fund is a trust that pools the saving of a number of investors who share a common financial goal. The money thus...

International Financial Reporting Standards (IFRS)

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International Financial Reporting Standards are a set of international accounting standards stating how particular types of transactions and other events should be reported in...

ECONOMICS AND TRADE-1e

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Demand Demand for a commodity refers to the quantity of the commodity which an individual consumer or a household is willing to purchase per unit...

POVERTY : THE BANE OF MODERN TIMES

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POVERTY: THE BANE OF MODERN TIMES ‘Poverty’ is measured by one’s income according to the World Health Organisation (WHO), with regard to the access to...

Commercial banks – Scheduled and Non-scheduled

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Commercial banks are part of an organized money market in India. Commercial banks mobilize savings in urban and rural area and make them available to...

Pradhan Mantri Krishi Sinchai Yojana (PMKSY)

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Committed to give high priority to water conservation and its management, the Government of India has formulated Pradhan Mantri Krishi Sinchai Yojana with a...

National Payments Corporation of India (NPCI)

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National Payments Corporation of India (NPCI) was incorporated in December 2008 and the Certificate of Commencement of Business was issued in April 2009. The...
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