Certificate of Origin
News:Commerce ministry has created an online platform for issuance of ‘certificate of origin’ for exporters. Facts: Certificate of Origin: It is a document used in International trade declaring in which …
Read MoreEconomy
The Great Depression 1929
News:Economists have been comparing the current crisis with the Great Depression of 1929. Facts: The Great Depression was a major economic crisis that began in the United States in 1929 …
Read MoreExplained:What is Round Tripping?
News:Supreme Court has rejected the Income Tax department notice against a News Channel alleging round tripping of money. Facts: Round tripping refers to money that leaves the country through various …
Read MoreFiscal Responsibility and Budget Management(FRBM) Act
News:Kerala Government has sought relaxation under the Fiscal Responsibility and Budget Management(FRBM) Act so as to ensure that the State’s finances are not adversely impacted in the wake of Coronavirus. …
Read MoreCOUNTERCYCLICAL CAPITAL BUFFER (CCyB)
News: The Reserve Bank of India (RBI) has deferred implementation of countercyclical capital buffers (CCyB). RBI had put in place the framework on countercyclical capital buffer (CCyB) in 2015 Facts: …
Read MoreWays and Means Advances
News:The government has increased the limit on Ways and Means Advance (WMA) by 60% to support the cash flow mismatch expected from higher spending to combat the spread of COVID-19. …
Read MoreRBI’s monetary Policy statement
News:Reserve Bank of India’s Monetary Policy Committee(MPC) has come out with its own measures to help deal with economic fall out of COVID-19 pandemic. Facts: RBI’s Measures Repo Rate:It is …
Read MoreKeqiang Index
News:Li Keqiang, the current Premier of the People’s Republic of China, has said that the Keqiang index is a better economic indicator for China than official numbers of GDP. Facts: …
Read More