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Indian Economy Notes for IAS/PCS, Banking, IBPS, SSC & Railway etc
Census 2011 - Basics, Summary and Important Findings
CM Chandramauli was the Registrar General and Census Commissioner of India for the 2011 Indian Census. Census data was collected in 16 languages and the training manu...
National Family Health Survey 5 (NFHS-5)
The NFHS is a large-scale, multi-round survey conducted in a representative sample of households throughout India. The Ministry of Health and Family Welfare (MoHFW)...
Poverty Estimation in India (Methods and History)
Poverty estimation in India is carried out by NITI Aayog's task force through the calculation of poverty line based on the data captured by the National Sample Survey Office (NS...
Monetary Policy Instruments and Monetary Policy Committee (MPC) of RBI
Monetary Policy Committee (MPC) was constituted by ammending the Reserve Bank of India Act, 1934 through Finance Act, 2016 - to bring more transparency and accountability ...
What is Inflation (WPI & CPI) ?
Inflation refers to the rise in the prices of most goods and services of daily or common use, such as food, clothing, housing, recreation, transport, consumer staples, etc. I...
The National Payments Corporation of India (NPCI)
The National Payments Corporation of India is an umbrella organisation for operating retail payments and settlement systems under the ownership of Reserve Bank of India. ...
What are "Payment Banks" ?
Payment Banks are outcome of Dr. Nachiket Mor committee recommendations to cater to the lower income groups and small businesses. Payments bank comes under a differentia...
Coal : Peat, Lignite, Bituminous coal, Anthracite and Graphite
Coal is a combustible black or brownish-black sedimentary rock, it is mostly carbon with variable amounts of other elements - hydrogen, sulfur, oxygen, and nitrogen. ...
What are "Small finance banks" ?
Small finance banks are established as public limited companies in the private sector under the Companies Act, 2013 and can be promoted either by individuals, corporate, trusts or soci...
RBI's Prompt Corrective Action framework (PCA), NPA and CAR
In 2021, UCO Bank, IDBI Bank and Indian Overseas Bank exited the framework on improved performance. Only Central Bank of India remains under it now. What is Prompt Corrective ...
What are "Scheduled Banks in India (Commercial & Co-operative)" ?
In december 2021, Paytm Payments Bank has been given the scheduled bank status by the Reserve Bank of India (RBI). What are "Scheduled Banks in India" ?...
International Organizations : Headquarters, Reports & Indexes
Internationational Organizations are constituted to form the international agenda, mediate political bargaining and to provide a place for political initiatives. Here's a list of...
The Annual Financial Statement (AFS) or Budget (Article 112)
According to Article 112 of the constitution, the Union Budget of a year, also referred to as the Annual Financial Statement (AFS), is a statement of the estimated receipts and ...