• International Reports and India's Rank in various indexes 2019-2020

    In this article, we have mentioned India's rank in various indexes in 2019-2020. These rankings are important examination topic for the candidates preparing for UPSC, SSC, RRB, Bank PO/Clerk or any other government and competitive examinations.

    6 hrs ago
  • List of 111 National Waterways in India

    In a bid to enhance domestic shipbuilding sector, the Government of India could make the use of domestically manufactured barges mandatory for coastal and inland waterways movement.  Let us have a look as the 111 National Waterways in the country. 

    Sep 10, 2020
  • List of all Five Year Plans of India

    The first five-year plan in India was launched in 1951 and since then, India had launched twelve Five Year Plans. The present NDA government has dissolved the Planning Commission and has replaced it with the NITI Aayog. Let us have a look at the Five Year Plans the country has witnessed so far. 

    Sep 10, 2020
  • Enforcement Directorate (ED) and its major Functions

    In 1956, Enforcement Directorate (ED) was established. Its Headquarters is situated at New Delhi. ED is responsible for enforcement of the Foreign Exchange Management Act, 1999 (FEMA), and certain provisions under the Prevention of Money Laundering Act (PMLA), 2002. Let us have a look at the major functions of ED.  

    Aug 7, 2020
  • Crony Capitalism: Meaning and Examples

    Crony capitalism is an indicator of the state of the economy where success in business is determined by the mutual relationship between businessmen and government officials.

    Jul 22, 2020
  • Global Multidimensional Poverty Index 2020: Indicators, Dimensions, India Scenario and Key Findings

    Global Multidimensional Poverty Index (MPI) data and publication "Charting pathways out of multidimensional poverty: Achieving the SDGs" was recently released by the United Nations Development Programme (UNDP) and therefore the Oxford Poverty & Human Development Initiative (OPHI). Let us read it in detail.

    Jul 21, 2020
  • How much Tax do you pay on Diesel & Petrol in India?

    In 2020, the excise duty has increased at least 10 times since 2014. The excise duty on diesel is now Rs 31.83 and on petrol Rs 32.98 in 2020. Worth to mention that tax on petrol was Rs 9.48 per litre and on diesel, it was Rs3.56 a litre when the Modi government took office in 2014.

    Jul 15, 2020
  • List of products exported to China by India

    In the FY 2019-20 Indian export to China stands at $16.6 billion. India exports organic chemical, mineral fuels, cotton, ores, plastic items, nuclear machinery, fish, salts, electrical machinery and iron and steel to China. Worth to mention that 5.1% of India’s total export went to China in FY 2019.

    Jul 9, 2020
  • What is Floating Rate Bond?

    The Government of India has launched the Floating Rate Bond 2020 scheme from July 01, 2020. The tenure of this bond will be 7 years. The interest rate on floating bonds will change every 6 months on January 1 and July 1. The minimum amount to invest in bonds will be Rs 1000 (digital mode) and maximum Rs 20 thousand in cash.

    Jul 7, 2020
  • 13 Parameters to Compare India and China

    India vs China Economic Comparison: The bilateral trade between India and China was around USD 92.68 billion in 2019. The Defence budget of China was US$ 178 billion while the Indian defense budget is US$ 70 billion in 2020.

    Jun 17, 2020
  • What is bad bank which is recommended by the Indian Banking Association (IBA)?

    Non-performing assets (NPAs) of all public and private banks in India till March 2020 stand at Rs 10 lakh crore. These NPAs are also called bad loans. The Indian Banking Association has recommended to the Reserve Bank and the Ministry of Finance to form a 'bad bank' in the country to get rid of 'bad loan' problem.

    Jun 12, 2020
  • Is India in the position to boycott Chinese products?

    India’s trade with China was $87.07 billion in 2018-19. In this duration, Indian import from China was US$70.32 in 2018-19 while Indian export to China was just US$ 16.75. It means India’s trade deficit with China was $53.57 billion in 2018-19. India sends 8% of its total exports to China whereas China sends only 2% of its total exports to India.

    Jun 2, 2020
  • How Much debt on Indian Government?

    The status report on Government debt for 2018-19 states that the total public debt of the country has increased to 68.6% of GDP by March 2019, which in simple terms has gone up to Rs.13 trillion or Rs. 1.3 crores. Read this article to know the exact amount of debt on the Indian government from 2014 to 2019.

    Jun 1, 2020
  • Universal Basic Income (UBI): Definition, Features, Advantage and Disadvantages

    Universal Basic Income (UBI): In the Economic Survey 2016-17, Finance Minister Arun Jaitley advocated Universal Basic Income scheme (UBI) in place of various social welfare schemes in the country, in an effort to reduce poverty and income inequality in the country.

    May 21, 2020
  • What is the New definition of Micro, Small and Medium Enterprises?

    MSME Definition 2020: The Micro Small and Medium Enterprises (MSMEs) are classified as per the MSME Act-2006. In the economic package to the MSME sectors of the country, FM Sitharaman has provided 3 lac crore loan to boost up this sector.

    May 13, 2020

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