Economy

[ML16] Mains Revision & Answer Writing: Narasimha Rao: His Foreign Policy (GS1)? LPG = Growth Imp than redistribution (GS3)? Lesson from life of Reformer (GS4)?

Prologue ML16/RaoGS1: Narasimha Rao’s Diplomacy & Answer writing Basics ML16/RaoGS3: Rao’s economic reforms, liberalization & industrial policy ML16/RaoGS4: LPG Legacy: growth > redistribution? & 3 Model Answers Prologue I’m starting the new lecture series for Mains-2016 revision and answer writing. Only selected topics will be [...]

[Current] Sep-2016: Economy, Banking, Finance: MPC Members, SBI Merger & Share Swapping, Stock Gaming, PFMS, Talgo Rails & Hyperloop Train

Prologue Pillar#1: Banking-Finance Monetary policy committee (MPC) Monetary policy: Oct-2016 update RBI other developments NPA Related Banking: SBI Merger & share-swapping Finance: SEBI and NBFC related Finance: Insurance-Pension related Scams: Banks Scams: Share market Pillar#2: Budget, Public Finance PFMS Committee pe Committee Labour [...]

Debt vs Equity chart

[Economy] Bonds vs Shares, Debt vs Equity, IPO, Underwriter, Venture Capital, Angel Investor, Junk Bonds, Bearer Bonds, Gilt Edged securities: Meaning, Explained

How to arrange business finance? Finance methods: Debt OR Equity #1: Debt: Bonds Junk Bonds vs Gilt Edged Security Bearer Bonds #2: Equity –Shares Shareholders and Board of Directors Venture Capitalist and Angel Investors What is Venture Capital? Who is Angel Investor? Who [...]

[Economy] Shares vs Stocks, Rights Issue of Shares, Bonus Shares, RSU

Share versus stock Different types of shares Rights issue of shares So, what’s the point in doing rights issue? To reduce the debt: equity ratio Bonus shares Employee stock option scheme Restricted stock unit (RSU) Share versus stock Suppose the company has issued 1000 [...]

[Economy] Calculating Income Tax, Tax Exemption vs Tax Deduction, Rajiv Gandhi Equity Saving Scheme

What are the Income tax slabs in Budget 2012? How to Calculate income tax? 3% educational cess What is the difference between Tax exemption and tax deduction? #1: Tax exemption #2: tax deduction Union budget 2012: provisions of Tax Deduction and Tax Exemption [...]

social security in Constitution-of-india

[Economy] Social Security: Meaning and Laws in India

What is Social Security? History of Social security Social Security in India Social Security: Constitutional Provisions Concurrent List Part IV Directive Principles of State Policy Difference between Organized and Unorganized Sectors SOCIAL SECURITY LAWS in India Employees’ State Insurance Act, 1948 (ESI Act) [...]

LIBOR-bob-diamond

[Economy] LIBOR Scam : Meaning, Reasons, Consequences, Timeline, explained

What is Libor? Ya but why do banks lend each other? How do banks borrow in London? Who calculates LIBOR? How does BBA calculate LIBOR? Why does BBA calculate LIBOR? What’re the Implications of LIBOR Why LIBOR scam? What is Barclays? Wrong Data= [...]

cheque truncation clearing system

[Economy] Cheque Truncation System (CTS-2010): Meaning, Advantages explained

What is cheque clearing house? What is MICR code? What is Cheque Truncation System (CTS)? What are the benefits of Cheque Truncation? CTS-2010 What is cheque clearing house? Suppose a party from Delhi pays you via cheque of Citibank and you have account in [...]

[Economy] Bretton Woods and Fixed Exchange Rate system : Meaning Explained

What is Bretton Woods? Why is important? Result of Bretton Woods Main Players in this Conference Impact of World War II on Economy Agenda of conference Fixed Exchange Rate system. Roosevelt Vs Mohan: Fast forward to 1970s Inflation and Gold Prices Do we [...]

satellite communication

[Economy] 2G scam, Spectrum refarming, Sistema controversy, Allocation of Natural Resources explained

What is Spectrum? Method #1: First come First Serve basis Method#2: Auctioning method What happened in 2G scam? A.Raja (Telecom Ministry) CAG estimate: 1.7 lakh crore loss Supreme Court verdict Presidential reference on SC verdict Impact of SC verdict Sistema – Russia Angle [...]

sub prime lending

[Economy] Fiscal Cliff: Meaning, Reasons, Implications on US and Indian Economy explained

What was Subprime crisis? What was US-Government’s response to Sub-prime crisis? What is Fiscal cliff? Why is Fiscal cliff bad for US Economy? What will be the Effect of Fiscal Cliff on India? Fiscal Cliff= new kid in the town. His parents are (1) [...]

[Economy] GMR Maldives Airport Controversy, IFC, AAI: Meaning, Reason, Implications, Explained

What is GMR? Male International Airport, 2009 What is International Financial Corporation (IFC)? Maldives Coup, Feb 2012 Singapore Court, Dec.2012 Indian Government’s response Should India stop giving ca$h to Maldives? Should India be Assertive? Conspiracy Parts Mock Questions What is GMR? An Indian company [...]