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Indian Monetary Policy Committee August 2023

August 11, 2023

The Monetary Policy Committee (MPC) of the Reserve Bank of India on Thursday decided unanimously to keep the policy repo

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Nationalized Banks in India

August 10, 2023

The 11 Nationalized Banks which were Nationalized in1969 (14 banks) and 1980 (6 banks) through “THE BANKING COMPANIES (ACQUISITION AND

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Mines and Minerals Development & Regulation Act 1957 (Amendment Bill, 2023)

August 4, 2023

Parliament Passed Mines and Minerals (Development & Regulation) [MMDR Act 1957] Amendment Bill, 2023 The amendment introduces major reforms in

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India’s Demographic Dividend

August 3, 2023

India has 62.5% of its population in the age group of 15-59 years which is ever increasing and will be

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Lemons Problem in Economics

August 2, 2023

What Is the Lemons Problem?The lemons problem refers to issues that arise regarding the value of an investment or product

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St. Petersburg Paradox

August 1, 2023

The St. Petersburg paradox is a famous thought experiment in probability theory and economics. It was introduced in the early

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Hysteresis in Economics

July 29, 2023

What Is Hysteresis?Hysteresis in the field of economics refers to an event in the economy that persists even after the

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Indian Government Fiscal Deficit

July 28, 2023

Fiscal Deficit (Centre + States) has come down from 13.3% in 2020-21 to 8.9% (5.9% + 3%) in 2023-24Debt (Centre

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The Price Stabilization Fund (PSF) in India

July 27, 2023

The Price Stabilization Fund (PSF) was set up in 2014-15 under the Department of Agriculture, Cooperation & Famers Welfare (DAC&FW)

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Inflation Concept

July 25, 2023

Inflation is an economic concept that refers to the rate at which the general level of prices for goods and

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