Economy

The primary market is concerned with the floatation of new issues of shares or bonds. The firmsfloating new issues to raise funds may be new companies or existing companies planning expansions.The primary market is where securities are created. It’s in this market that firms sell (float) newstocks and bonds to the public for the first … Read more DMPQ:What are Primary and secondary markets ?

  MONETARY POLICY TOOL:   There are several direct and indirect instruments that are used for implementing monetary policy. Repo Rate: The (fixed) interest rate at which the Reserve Bank provides overnight liquidity to banks against the collateral of government and other approved securities under the liquidity adjustment facility (LAF). Reverse Repo Rate: The (fixed) … Read more Quick Revision- MONETARY POLICY TOOL

Pradhan Mantri Ujjwala Yojana (PMUY) aims to safeguard the health of women & children by providing them with a clean cooking fuel – LPG, so that they don’t have to compromise their health in smoky kitchens or wander in unsafe areas collecting firewood. Pradhan Mantri Ujjwala Yojana was launched by Hon’ble Prime Minister Shri Narendra … Read more DMPQ- Ujjwala yojana and its benefits.

The Monetary Policy Committee (MPC) constituted by the Central Government under Section 45ZB determines the policy interest rate required to achieve the inflation target. The Reserve Bank of India Act, 1934 (RBI Act) has been amended by the Finance Act, 2016,  to provide for a statutory and institutionalised framework for a Monetary Policy Committee, for … Read more DMPQ- Write short note on Monetary Policy committee.

Digital Advancement of Rural Post Office for A New India (DARPAN) is aimed at realizing financial inclusion of un-banked rural population. The Project shall increase the rural reach of the Department of Posts and enable Branch Post Offices to increase traffic of all financial remittances, savings accounts, Rural Postal Life Insurance, and Cash Certificates etc.  … Read more DMPQ: DARPAN Scheme.

National Cooperative Development Corporation (NCDC) has introduced YuvaSahakar-Cooperative Enterprise Support and Innovation Scheme.  This is a youth friendly scheme which will attract youths to cooperative business ventures.  The scheme will be linked to Rs.1000 crore Cooperative Start-up and Innovation Fund (CSIF)‘.  The scheme envisages 2% less than the applicable rate of interest on term loan … Read more DMPQ:YuvaSahakar Scheme

World Food Programme It is the food-assistance branch of the United Nations and the world’s largest humanitarian organization addressing hunger and promoting food security. It was formally established in 1963 by the FAO and the United Nations General Assembly. Head Quartered at Rome. The operations are funded by voluntary donations from world governments, corporations and … Read more DMPQ: Short Note on World Food Programme.

Project Saksham: The project is for creation of a New Indirect Tax Network (System Integration) of the Central Board of Excise and Customs.  The project will help in Implementation of Goods and Services Tax (GST),  Extension of the Indian Customs Single Window Interface for Facilitating Trade (SWIFT) and  Other taxpayer-friendly initiatives under Digital India and … Read more DMPQ- A) Project Saksham B) Tejaswani

Green GDP is a term used generally for expressing GDP after adjusting for environmental damage.The System of National Accounts (SNA) is an accounting framework for measuring the economic activities of production, consumption and accumulation of wealth in an economy during a period of time. When information on economy’s use of the natural environment is integrated … Read more DMPQ- Short Note on Green GDP.

Project Sashakt was proposed by a panel led by PNB chairman Sunil Mehta. Bad loans of up to ₹ 50 crore will be managed at the bank level, with a deadline of 90 days. For bad loans of ₹ 50-500 crore, banks will enter an inter-creditor agreement, authorizing the lead bank to implement a resolution plan in 180 days, … Read more DMPQ- What is Project Sashakt?