Indian Economy: First of all, let’s understand what Economics is Economics is the branch of science in which people study how most of the countries, civilization utilize its renewable and non-renewable resources. Also, it explains co-relations among distribution, production and consumption of goods and services. There are three forms of economics 1. Socialist 2. Capitalist […]
Indian Economy basics and How it Meddle in Daily Life Read More »
Banking: From 1st September banks are going to follow these rules and will dump the old method of working. For the customer benefit, these rules have emerged. And the list of rules contain. Banking in India 1 Timing of the banks: Usually in India banks open at 10 am for the public, mainly public sector
Banking New Rules from September On wards Read More »
SBI Junior Associate: State Bank of India conducted a clerk exam in the month of July. For which Students are eagerly waiting for the result to be declared. As per sources SBI is likely to release the result in the first week of September. The SBI Junior Associate exam was conducted in two-phase prelims and
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RBI Bank: Since independence, this is for the first time the government has asked RBI to transfer this amount. Before this RBI use to transfer funds but this time amount is very big and had not transferred before. In the budget, RBI was asked to provide 90,000 crores. But after the recommendations of Bimal Jalan
RBI bank to Transfer 1.76 lakh crore Contingency Fund to Government Read More »
Economic Measures: Nirmala Sitharaman, Finance minister of India hold a press conference yesterday for almost two hours and took questions on every topic. Since 2014 this is for the first time Finance Minister of India after the corporate shakedown hold press brief. In her press brief, she announced various measures for which government was adamant
Economic Measures by Nirmala Sitharaman to Revive Economy Read More »
The deficit is a budget system statement, there is a mention of four of its types Revenue Deficit, Budget Deficit, Fiscal Deficit, and Primary Deficit 1. Revenue Deficit: Revenue deficit refers to the excess of revenue expenditure over revenue receipt. It explains one crucial fact which is what is government borrowing for. As an individual,
The Deficit and its Types in Indian Budget Read More »
World Economy, August 22, 2019: Recession occurs when output, production declines in major economies for two successive quarters. Indian Financial year is divided into four quarters i.e Q1, Q2, Q3 and Q4 and if there is a decline in two successive quarters is termed as Recession. But Global Recession is a little different which is
World Economy Knocking on the Door of Recession Read More »
Recession, since the starting of 2019 India GDP is not in very good condition. According to the data released by the government of India is growing at a rate of 5.8 % which is way less than its previous years. India has also lost the fastest growing tag and has slipped to the 7th position
Is India facing Recession? Decline in Auto Sector Read More »