Economy DMPQ

Positives:   Introduction of modern technology. The improvement in technology will also mean that coaches that now require maintenance after running 4,000 km will need maintenance after every 40,000 km, which translates to either once or twice a month. Reduction in journey time comparable to operation by Indian railways due to technology introduce by private … Read more

National Statistical Office (NSO) released the first advance estimates of the national income that projected growth in India’s GDP at market prices for 2019-20 at 4.98% in “real” terms, the lowest since the 3.89% in the global financial crisis year of 2008-09. But even more significant was the estimated growth of 7.53% in “nominal” terms, which … Read more

A Build Operate Transfer (BOT) Project is typically used to develop a discrete asset rather than a whole network and is generally entirely new or greenfield in nature (although refurbishment may be involved). In a BOT Project the project company or operator generally obtains its revenues through a fee charged to the utility/ government rather … Read more

While countries around the world have been considering how to implement and measure success against the Goals, NITI Aayog has taken the lead by bringing out the SDG India Index – Baseline Report 2018, and showing how SDGs will be measured in India. NITI Aayog has constructed the SDG India Index spanning across 13 out … Read more

A credit rating agency (CRA, also called a ratings service) is a company that assigns credit ratings, which rate a debtor’s ability to pay back debt by making timely principal and interest payments and the likelihood of default. An agency may rate the creditworthiness of issuers of debt obligations, of debt instruments, and in some … Read more

Theoretically any one can participate in the market. Yet market practices and regulatory pronouncements have placed certain restrictions on participation for each of the sub-markets in the money market. Central Government The Central Government is an issuer of Government of India Securities (G-Secs) and Treasury Bills (T-bills). These instruments are issued to finance the government … Read more

Aspire – A Scheme for Promotion of Innovation, Rural Industries and Entrepreneurship.  It was launched by Ministry of MSME. ASPIRE- was launched to set up a network of technology centres and to set up incubation centres to accelarateenterpreneurship and also to promote startups for innovation in agro industry   The main objectives of the scheme … Read more

The Indian agricultural system was plagued by ills of absentee landlordism, tenancy. Land reform was thereforeneeded to break the shackles of zamindari systems prevalent since British raj. Farmers were made owners of theirland after which they worked wholeheartedly on their farms. Significance of Land reforms in India: Land ceiling to disburse surplus land amongst small … Read more

Physical Quality of Life Index (P.Q.L.I) was developed by famous economist Morris David in 1979 for 23 developed and developing countries. Morris David used the following three indicators to prepare a composite index known as Physical Quality of Life Index: Life Expectant Rate (L.E.I) Infant Mortality Rate (I.M.I) Basic Literacy Rate (B.L.I) Life Expectant Rate … Read more

A government bond is an instrument to raise money from the market with a promise to repay the face  value at the maturity  date and a periodic interest. A bond issued for the purpose of recapitalisation is called recapitalisation bond.   Working of Recapitalisation bond: The government will issue recapitalisation bond, which banks will subscribe … Read more