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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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Chakravyuha challenge

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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

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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?

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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

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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...

Foreign Direct investment (FDI)

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Foreign Direct investment (FDI) Foreign Direct investment (FDI) is a direct investment into production or business in a country by an individual or company of...

General Economics Article

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rates of exchange. This means that capital account convertibility allows anyone to freely move from local currency into foreign currency and back. It refers...

Rights Issue

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A rights issue is an issue of rights to buy additional securities in a company made to the company's existing security holders. When the rights are for equity securities, such as shares,...

Banking Norms of Basel Committee – Basel I, II, III – Explained.

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Basel I Basel I is the round of deliberations by central bankers from around the world, and in 1988, the Basel Committee on Banking Supervision...

Agriculture in India: Challenges with Agricultural Marketing and APMC Act

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Agricultural Marketing: A Challenge with Indian Economy and Development of Agriculture in India India produces the huge amount of food grains and other crops every year. But,...

Types of Inflation

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a) Wage Inflation:- - Price of product/service increases due to the increase in wages. - Inflation caused due to this is known as wage inflation. b) Pricing...

The Narasimham Committee

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The Finance Ministry of Government of India (GOI) set up various committees for the task of analyzing India's banking sector and recommending legislation and...

Bombay Stock Exchange (BSE) of India

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The oldest stock market in Asia, BSE stands for Bombay Stock Exchange and was initially known as "The Native Share and Shock Brokers Association"....
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