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Indian Economy: A Comprehensive Overview

India, the world's largest democracy and second-most populous nation, boasts a dynamic and rapidly evolving economy. Over the decades, it has transformed from a...
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The General Agreement of Tariffs and Trade (GATT)

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Nationalist Movements in India

The Second World War came to an end in Europe in May 1945. In India, Lord Wavell had already succeeded Lord Linlithgow as the...
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Climate of India

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World Trade Organisation

World Trade Organisation is a permanent organisation which has been established on the basis of an international treaty approved by participating countries. It achieved...

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Movements of Earth

There are three basic movements of the Earth has three basic movements: (i) Galactic movement, (ii) Rotation, and (iii) Revolution. Galactic Movement This is the movement...

Major Ports in India

Major ports in India have been classified into three categories by the Waterways Authority of India: major, minor and intermediate ports. Being one of the...

Rio+20 Conference

Rio+20 Conference The UN Conference on Sustainable Development, also known as Rio 2012 or Rio+20, was held during June 20-22, 2012 in Rio de Janeiro,...

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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...

Foreign trade

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Foreign trade in India includes all imports and exports to and from India. At the level of Central Government, it is administered by the Ministry of...

The Drain Theory

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The drain theory, as formulated by the nationalists, referred to the process by which, a significant part of India’s national wealth, was being exported...

Reserve Bank of India – Important Facts

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Established on April 1, 1935, in accordance with the provision of the Reserve Bank India Act, 1934. Its central office remained at Mumbai since inception. Though...
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