Forex Reserve

Forex Reserve:  #GS III #Indian Economy Topic Indian Economy Foreign exchange reserves: A central bank may hold assets in foreign currencies as reserves, such as bonds, treasury bills, and other government securities. It should be emphasised that the majority of foreign exchange reserves are held […]

Fiscal Deficit

Fiscal Deficit: #GS III #Indian Economy Topic Indian Economy   The definition of a fiscal deficit is: The fiscal deficit is the difference between all of the government’s expenditures and all of its receipts (excluding borrowing). A fiscal imbalance occurs when this expense outweighs the […]

SWAMIH Investment Funds

SWAMIH Investment Funds:  #GS III #Indian Economy Topic Indian Economy  Context: In order to provide priority debt financing for the completion of stressed, brownfield, and residential projects that are approved by the Real Estate Regulatory Authority (RERA) and fall under the affordable, middle-income housing category, […]

Details of the Blue Economy

Details of the Blue Economy:  #GS III #Indian Economy Topic Indian Economy  Context: Bengaluru recently hosted a meeting of the G20 Environmental and Climate Sustainability Working Group. The three topics that came up the most during the Indian presidency were land degradation, the blue economy, […]

Hindu Rate of Growth

Hindu Rate of Growth: #GS III #Indian Economy  Topic Indian Economy  Context: Raghuram Rajan, a former governor of the Reserve Bank, has warned that, in light of restrained private sector investment, high interest rates, and a slowing global economy, India is “dangerously near” to attaining […]

About the Gift City

About the Gift City # GS III Indian Economy   Context: The first international educational institutions to establish campuses in GIFT City, Gujarat, will be two Australian government universities: Deakin University and University of Wollongong. Together with former Australian cricketer Adam Gilchrist and Australia’s Minister […]

Coin Vending Machines

Coin Vending Machines:  #GS III #Indian Economy   Topic Indian Economy:    Context:  ∙In a recent speech to the Monetary Policy Committee (MPC), RBI Governor Shaktikanta Das said that the bank’s top regulator will begin a pilot project with banks to evaluate the effectiveness of a coin-dispensing machine based on QR codes.  ∙Simply described, the vending machines would instead issue coins with the necessary amount being debited from the customer’s account via United Payments Interface rather […]

GST Council

GST Council Context: The Goods and Services Tax (GST) Council on Saturday clarified tax provisions on items ranging from fryums to sport utility vehicles (SUVs) to reduce disputes. It also approved decriminalisation of some offences but could not find the time to discuss half its […]

Exercise VAJRA PRAHAR 2022

Exercise VAJRA PRAHAR 2022 India – USA Joint Special Forces Exercise. The 21-day joint training provided an opportunity for the Special Forces from both nations to train in Air Borne Operations, Special Operations and Counter Terrorism operations in a joint environment under United Nations Charter. […]