Economy DMPQ

ODB aims at converting a class room into a digital class room and provide e-resources at any time and at any place to students.The digital board will be introduced all over the country in government and government aided schools from class 9th onwards as well as in higher education institutions.The Operation Digital Board (ODB) will be implemented in … Read more

The tax-to-GDP ratio is a ratio of a nation’s tax revenue relative to its gross domestic product (GDP), or the market value of goods and services a country produces. Some countries aim to increase the tax-to-GDP ratio to address deficiencies in their budgets. Taxes and GDP are generally related. The higher the GDP, the more … Read more

The Ease of Doing Business Rank (EODB) is a measure of an economy’s position to the best regulatory practices. Though World Bank used to publish the ‘Doing Business’ reports from 2003, the ranking of economies started only from 2006. The EODB study tries to capture the experience of small and mid-sized companies in a country with their … Read more

Medium of Exchange The only alter­native to using money is to go back to the barter system. However, as a system of ex­change the barter system would be highly impracticable today.  For example, if the baker who supplied the green-grocer with bread had to take payment in onions and carrots, he may either not like … Read more

Green GDP is a term used generally for expressing GDP after adjusting for environmental damage.The System of National Accounts (SNA) is an accounting framework for measuring the economic activities of production, consumption and accumulation of wealth in an economy during a period of time. When information on economy’s use of the natural environment is integrated … Read more

India’s GDP increased 7.2 per cent in 2017-18 and 7 per cent in 2018-19. India has retained its position as the third largest startup base in the world with over 4,750 technology start-ups.  India’s labour force is expected to touch 160-170 million by 2020, based on rate of population growth, increased labour force participation, and … Read more

SEBI stands for securities and exchange board of India. It was set up through a government resolution in an effort to give the Indian stock market an organised structure. Its initial paid up capital up was Rs. 50 Crore.   Main functions and powers of the SEBI are as follows: Registering and stock exchanges, merchant … Read more

Unemployment rate is very high. The problem is structural and there are both long term and short term causes of the problem. The major reasons are: Weak aggregate demand of the country. Global economic is passing through rough patch. Low emphasis of our curriculum on skill development and training. Age old educational programme and curriculum. … Read more

To sustain the reforms brought in by scheme on ‘End to End Computerization of Targeted Public Distribution System (TPDS) Operations’ the Department of Food & Public Distribution has launched a new scheme namely “Integrated Management of Public Distribution System (IM-PDS)” for implementation during 2018-19 and 2019-20. The main objective of the scheme is to introduce … Read more

MSMEs are labour intensive, have the advantage of low cost of production and can make good use of locally available resources pushing demand and growth The sector offers wide range of employment opportunities and absorbs most of the working age population Majorly consists of handlooms, handicrafts, coir, sericulture, khadi and village industries, small scale industries … Read more