Tag - explained

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] General Anti-Avodiance Rules (GAAR): Meaning, Pros, Cons, Implications, Explained

Drafting of the DTC Bill Rules of GAAR Burden of Proof Parliament of India (August 2009) Review by Standing Committee Pro and Anti GAAR viewpoints Summery Epilogue Location: Ministry of Finance, Delhi (2008) Why government wants to extract maximum revenue? Pranab Ok, This year we need to [...]

[Economy] FCNR Rate Hike to Prevent Rupee Downfall: Meaning, Implications, Explained

What is FCNR? Example SBI FCNR What does SBI do with foreign currency? Why is FCNR in News? Implication of FCNR interest Rate hike What is FCNR? Foreign Currency  Non-Resident (FCNR) scheme was launched by RBI in the early 1990s. It allows NRIs to [...]

[Economy] Vodafone Essar Case: Capital Gains Tax Meaning, Reasons, Timeline, Implications, explained

Before venturing into Vodafone Essar Court Case, Let’s start with the basics Some information may be technically incorrect / outdated. This article is for illustration and understanding purpose only and not for writing the actual answers in your exam. Two type of taxes. What is [...]

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= [...]

syria map

[Diplomacy] Syrian Unrest explained, Assad’s Friends and Foes, Kofi Anna’s Peace plan

What is the difference between Shia and Sunni Muslims? Syria President Assad Family Syrian Unrest Who supports Assad and why? Who is against Assad and why? Reaction of the world Kofi Annan peace plan for Syria Houla massacre UN General Assembly India’s problem At [...]

[Economy] Cash Reserve Ratio (CRR) Controversy between SBI & RBI: meaning, implication on Economy Explained

What is CRR? What is Scheduled Commercial Bank? Examples of Scheduled Commercial Banks Case #1: High CRR and SLR Case #2: Low CRR and SLR Repo Rate Reverse Repo Rate Bank Rate What is the need of all these CRR,SLR,Repo rates? What is [...]

Mohan Public Procurement

[Polity] Public Procurement Bill 2012: Meaning, Salient Features, explained

Topic particularly important for UPSC Mains examination- Public Administration Paper I ->5th Topic : Accountability and control. What is Public Procurement? What is the problem in Public Procurement system? Where does the bill apply? Where does the bill not apply? Salient Features / Provisions [...]

Carbon trading in Kyoto Protocol

[Climate Change] Kyoto Protocol, Carbon Trading, Copenhagen Accord: Meaning, Explained

What is Rio Summit/ Earth Summit ? What is the UNFCCC? What is Conference of the Parties (COP)? What is Kyoto Protocol? What is “common but differentiated responsibilities”? Annex Kyoto protocol: How does it actually work? #1 Emissions Trading / Carbon Trading #2 [...]

fiscal deficit potholes

[Economy] Fiscal Consolidation, Fiscal Deficit : Meaning, Implications, Explained Why Vijay Kelkar Committee was formed?

Parts of Budget= Revenue + Expenditure Types of Budget= Deficit/Surplus/Balanced Why printing more money=Bad idea? When fiscal deficit NOT BAD? When & Why is fiscal deficit BAD? Creates inflation Black Money Bond Yield increased Crowding out investment Twin deficit hypothesis Current Account Deficit [...]

Core Zone and Buffer Zone in Tiger Tourism area

[Environment] SC Ban on Tiger Tourism, Core and Buffer Areas, Project Tiger, NTCA Guidelines explained

What is core zones and Buffer Zone? What is Project Tiger? What is NTCA? Concept of Umbrella Species Timeline of Events Pro Arguments for Tiger Tourism Misleading information by Media Employment Tiger Tourism actually helps the tigers Ban on Tourism hurts the tigers [...]

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 [...]