LoginAll posts by category: Economic and Social Development
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selflearnadmin
Non Performing Assets – The Indian Banking Syndrome
What are NPAs/ Non Performing Assets? As per RBI circular, non performing asset (NPA) is a loan or an advance where; interest and/ or instalment of principal remain overdue for a period of more than 90 days in respect of a term loan, the account remains ‘out of order’, in respect of an Overdraft/Cash Credit (OD/CC), […]
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selflearnadmin
Bilateral Investment treaty
The bilateral investment treaty that India has with several countries will lapse on March 31 which can impact the arrival of FDI to India What is a Bilateral Investment treaty? A bilateral investment treaty (BIT) is an agreement establishing the terms and conditions for private investment by nationals and companies of one country in another country (For Foreign Direct investments). […]
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selflearnadmin
Key Highlights of Union Budget 2017
Union Finance Minister Arun Jaitley presented the Union Budget 2017 in Parliament on 1 st February. The Union budget comprises of measures to improve economic growth, social and economic reforms as well as relief to income tax payers (the middle class). The focus will be on energizing youth to reap benefits of growth and employment. […]
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selflearnadmin
All you want to know about Budget
Its that time of the year where the people and media are filled with discussion regarding Budget. So here is the answer to all your questions regarding the Union Budget. What is annual Financial Statement/Budget? The “annual financial statement” of the estimated receipts( income) and expenditure of the Government of India. Interestingly the term Budget […]
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selflearnadmin
All you want to know about Monetary Policy Committee of India [MPC]
What is a Monetary Policy Committee? A Monetary Policy Committee or MPC is a committee constituted by the government with the participation of the central bank of the country (in the case of India , RBI). The committee will be headed by the governor of the central bank (Urjit Patel). How MPC of India came […]
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selflearnadmin
Regional Connectivity Scheme
The Government kick-started the regional air connectivity (RCS) scheme – Ude Desh ka Aam Nagrik (UDAN) – on by inviting initial proposals from operators to fly to airports which do not have regular flights. Operators have a six-week window to submit their initial proposals. The Government will take two-three days to scrutinise the proposals. Two weeks after the initial scrutiny, […]
