Indian Economy

NPA is used for those who cannot pay their debt or are the defaulters. They come into the defaulter category when they miss the main principal amount or the interest for more than three consecutive months; then, they are classified as Non-Performing Assets (NPA). So those who fall in the NPA category for the bank […]

Introduction The New Industrial Policy 1991 specifies the significant roles of public, private, joint & co-operative sector, etc. This policy entails the government’s vision towards the industries, industrial establishment, their functioning, progress and management. This Industrial policy was designed to create a high wave of industries in the country with high productivity, foreign investments, and

“Economic reform” generally refers to deregulation, or in that particular time to reduce the size of the government to eliminate all distortions caused by various regulations.  Moreover, the presence of the government increased new and innovative regulations to reduce the distortions which are responsible for the market failure. It also denotes all the fundamental changes

National income is the entire value of services and goods formed by a country over the course of a fiscal year. As a result, it is the sum of all fiscal activity in a country over the duration of a year. It is rated based on its monetary value. In a word, a country’s Measurements

NEFT, or National Electronic Fund Transfer, is a system that allows you to transfer money electronically between bank accounts. It is one of the most popular methods of transferring money in India, and it is very easy to use.  What is NEFT? NEFT (National Electronic Fund Transfer) is a banking instrument that allows you to

Monetary policy and fiscal policy are crucial criteria that decide the fate of the economic status of a nation. Both are important to maintaining equilibrium in the economy. Monetary policy, created by the Federal Reserve, has the power to control the economy by contriving the money input and rates of interest. It plays a vital

Miscellaneous facts about the Indian Economy As evidenced by a stunning increase in several global indices such as the Start-up Ecosystem Ranking, Global Manufacturing Index, Logistics Performance Index, Global Innovation Index, Global Competitiveness Index, Ease of Doing Business Index, and so on, India has become more competent in terms of doing business and attracting investments.

The economy is a system that provides the means to work and earn a living for an individual. Economics is studying the economic problems that arise due to limited means in comparison to unlimited wants. Microeconomics is a branch of Social Science that studies the implications of incentives and decisions mainly associated with the utilisation

Profits are never stable across time or various items because manufacturers compete for profits in a free market. As a result, entrepreneurs direct their resources and labour efforts toward more profitable items and away from less profitable ones. The regulation of supply relies on the connection between price and amount. Assume, for example, that customers

What is MSF? MSF stands for Marginal Standing Facility. MSF was created by the Reserve Bank of India in order to provide liquidity to banks. MSF helps banks manage their day-to-day liquidity needs. The interest rate on MSF is also marginally higher than the repo rate, which makes it an attractive option for banks. MSF