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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...

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...

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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Balance of Payments

The balance of payments is an accounting statement that records transactions (trade in goods, services, and financial assets) between a country’s residents and the...

All About Niryat Bandhu Scheme

‘Niryat Bandhu’ scheme was first introduced in October 2011, by the Director General of Foreign Trade (DGFT), for international business mentoring first generation entrepreneurs...

Current account Convertibility Vs Capital account convertibility

Capital Account Convertibility means that rupee can now be freely convertible into any foreign currencies for the acquisition of assets like shares, properties, and assets...

Infrastructure and Development

The term infrastructure and development points to core elements of economic and social change. These kernel elements serve as a support system to all production...

The National Development Council (NDC)

The National Development Council (NDC) or the Rashtriya Vikas Parishad is the apex body for decision making and deliberations on development matters in India presided...

Fiscal Policy

Fiscal policy involves the government changing the levels of taxation and government spending in order to influence Aggregate Demand (AD) and the level of...

Balance of Trade

The balance of trade is the difference between the monetary value of exports and imports of output in an economy over a certain period. It is...

Both Rail Budget and Union Budget Go Green

For the first time in the history of Budgeting in India the Union and the Railway Budgets have extremely obvious about “ budget go green ”...

Nationalised Banks in India

The history of nationalised Banks in India dates back to the year 1955 when the Imperial Bank of India was nationalized and re-christened as State...

Terminologies Used in Banking and Finance Sector

Let's have a quick look on some of the terminologies used in banking and finance sector.  Accrued interest: Interest due from issue date or...

Chakravyuha challenge

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

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...