Repo Rate

Repo Rate

When banks need money they can borrow from the RBI against their surplus government securities at a ...

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Fiscal Responsibility and Budg

Fiscal Responsibility and Budget Management Act (FRBMA) 2003

It empowers the state governments to go for market borrowings to fulfill their plan expenditure with...

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Economic Census

Economic Census

Conducting periodic Economic Census has been the means of measuring the diversity of non-farm econom...

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Roles of State in an Economy

Roles of State in an Economy

There can be three kinds of roles for the state in an economy viz. regulator, producer/ supplier of ...

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Types of Economy

Types of Economy

According to the responsibility and the structure of production and distribution network, world econ...

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Escrow Account

Escrow Account

It is a separate bank account to hold money which belongs to others and where the money parked will ...

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Poverty Estimation

Poverty Estimation

In 2005, the Suresh Tendulkar committee was constituted by the Planning Commission. The current esti...

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Social Forestry

Social Forestry

Social forestry means the management and protection of forests and afforestation on barren lands...

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The Speed and Direction of Win

The Speed and Direction of Wind

The movement of air in the horizontal direction is called wind. The wind is under influence of ...

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Biome

Biome

Habitat in the ecological sense is the totality of the physical and chemical factors that constitute...

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The Narcotic Drugs and Psychot

The Narcotic Drugs and Psychotropic Substances Act, 1985

The 1985 Narcotic Drugs and Psychotropic Substances Act forbids the production, possession, selling,...

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Gross Domestic Product (GDP)

Gross Domestic Product (GDP)

It is the final value of all final goods and services produced within the boundary of a nation durin...

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