The Startup India scheme, created by the central government of India in 2016, plays a key role in positioning India as a global hub by providing tax exemptions, Startups Fund (FFS) programs, financing assistance, regulatory benefits, and promotion of research and development.
Various government schemes implemented for students help empower students by providing improved infrastructure, scholarships, financial assistance, and skill development opportunities.
Fiscal policy is based on Keynesian economic theory, affecting the economy by coordinating government spending and taxes. The government aims to stabilize the business cycle and control aggregate demand by changing tax rates and public spending.
It is transforming India's connectivity with the Bharatmala project, bridging the gaps in the national highway network.
A nation may suffer a recession due to exposure to strong economies of other countries along with trade practices and other factors.
Gross National Income (GNI) economic term is of immense importance in economics section of competitive exam within a country.
Competitive exams like UPSC, State PSC, SSC, RRB, Bank, Insurance, etc. where the global economy plays an important role.
Currency tape refers to the price-fixing process in the economy that causes headline inflation to increase the price of a particular commodity.
RBI's repo rate setting is always volatile. Historically, the rate has fluctuated a lot. Statistics show that the aforementioned rate fell from 8% to 6% from the first month of 2014 to August 2017.
The "gig economy" is a segment of the workforce that employs flexible, temporary, and freelance jobs, where the economy relies on independent workers who have little or no job security.
A "capitalist economy" is a system characterized by private ownership of the means of production and driven by the pursuit of income, with market forces determining aid allocation.
The circular economy is a model of the process of resource production and consumption in the economy that involves the potential reuse, sharing, leasing, repair, and recycling of existing products and materials.
Founded in 1988 by Larry Fink, BlackRock has had a powerful impact on markets and investors worldwide. Its billion-dollar net worth reflects its role as a leader in financial markets.
India is a notable example of a mixed economy, where key sectors such as defense, railways, and banking are controlled by the government, while other sectors are under the private sector.
Business ethics refer to the moral principles, values, and policies that govern the relationships between organizations and individuals in business practices.
Tourism plays a vital role in the finances of countries and cities around the world. In India, the tourism sector brings in billions of dollars to the economy every year.
Between June 1, 2014, and March 31, 2023, approximately 6,517 fraud incidents occurred in the banking system, underscoring the significant and lasting impact of bank fraud on the financial sector.
