Economy

New GI Tagged Articles

Geographical indications (GI) are intellectual property (IP) protection that links items to a specific location. The GI tagged products are applied to connect the commodity’s quality, reputation, and other distinguishing characteristics to its origin. A product’s GI tag can only be utilised by genuine users and residents of the country of origin. A geographical name, […]

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Economy, UPSC

National Income

Introduction to National Income The sum of income a country’s people receive from factors supplied to production units both within and outside the country’s geographical limits is referred to as the country’s national income. Definition of National Income The term “national” means “of residents,” and the term income means ‘factor income.’ Only the money earned

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Economy, UPSC

NIRVIK Scheme

The Union Finance Minister introduced the Nirvik Scheme to provide greater insurance coverage to exporters. The Finance Minister announced the launch of the Niryat Rin Vikas Yojana while presenting the Union Budget for 2020. In the face of slowing exports, the scheme encourages exporters with high insurance coverage to invest. The scheme is being introduced

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Economy, UPSC

Monetary Aggregates

Monetary Aggregates Key Pointers A monetary aggregate is a formal accounting method for money, such as cash or money market funds. Money supply in a country is measured using monetary aggregates. The monetary base is an aggregation of the total supply of money in circulation plus the central bank’s held part of commercial bank reserves.

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Economy, UPSC

Millennium Development Goals

The United Nations Millennium Development Objectives(MDGs) are a series of eight-millennium development goals decided in September 2000 by the 189 Member states of the United States to be accomplished by 2015 At the September worldwide conference meeting at the United Nations headquarters in New York, the Millennium Declaration was signed, and the 149 international leaders

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Economy, UPSC