Category: INDIAN ECONOMY Fact & Analysis

Nostro Account

A Nostro account is an account held by a bank in another bank. It allows the customers to deposit money in the bank’s account in another bank. It is often used if a bank has no branches in a foreign country. Nostro is a Latin word that means “ours”. Let’s presume bank “A” does not have any […]

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Global Innovation Index (GII) 2022 Rankings

Recently, India was ranked 40th position out of 132 in the Global Innovation Index (GII) 2022 rankings released by World Intellectual Property Organisation (WIPO). India was ranked 46th position in 2021, and 81st rank in 2015. What are the Highlights of the Report? Ranking of the Countries: Most Innovative Economy: Switzerland is the most innovative economy in the world in […]

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UKPSC Mains question on Indian Economy

UKPSC Mains question on Indian Economy – 18/November/2022 Syllabus (Indian economy) : Indian monetary system -Role of RBI #RBI #Indianeconomy #monetarysystem #UKPSCMAINS #UKPSCMAINSANSWERWRITING #SamvegIAS Question 1 :  Describe the role of  RBI in indian economy  .125 words Question 2: what do you mean by credit and monetary policy. Describe the component of Credit and monetary.250 words Question 3: Credit […]

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Central Bank Digital Currency (CBDC)

Central Bank Digital Currency (CBDC) is a digital form of currency notes issued by a central bank. While most central banks across the globe are exploring the issuance of CBDC, the key motivations for its issuance are specific to each country’s unique requirements. #rbi #dijitalcurrency #CBDC#ukpsc #samvegias #upsc

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UKPSC Mains question on Uttarakhand Economy

UKPSC Mains question on Uttarakhand Economy -16/November/2022 syllabus (Uttarakhand economy):economic planning, migration economy #uttarakhandeconomy #economicplaning #migration #UKPSCMAINS #UKPSCMAINSANSWERWRITING #SamvegIAS Question 1: Describe the nature of planning in state.Why planning process is not so vibrant as in case of central government.250 words Question 2 : explain the causes  for migration in uttarakhand. analyse the effect of migration […]

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India – The leading producer of Millet

India’s major millet exporting countries are U.A.E, Nepal, Saudi Arabia, Libya, Oman, Egypt, Tunisia, Yemen, U.K and U.S.A. The varieties of millets exported by India include Bajra, Ragi, Canary, Jawar, and Buckwheat. The major millet importing countries in the world are Indonesia, Belgium, Japan, Germany, Mexico, Italy, the U.S.A, United Kingdom, Brazil and Netherlands. There […]

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Online Trading of Energy Saving Certificates

One of the flagship initiative known as Perform, Achieve and Trade (PAT) was implemented under Cycle II (during 2016-19) covering 621 large industries from 11 sectors. Bureau of Energy Efficiency who is piloting this initiative completed the verification of energy savings achieved by these industries called as Designated Consumers (DCs). As per the audit reports […]

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first e-vehicle friendly highway in the country

The Delhi-Chandigarh Highway has become the first e-vehicle friendly highway in the country, with a network of Solar-based Electric Vehicle Charging stations (SEVCs) set up by Bharat Heavy Electricals Limited (BHEL) under the FAME-1 [Faster Adoption and Manufacturing of (Hybrid) & Electric Vehicles in India] scheme of the Ministry of Heavy Industries. The state-of-the-art charging […]

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e-RUPI Voucher :futuristic reform

आज देश, डिजिटल गवर्नेंस को एक नया आयाम दे रहा है। e-RUPI वाउचर, देश में Digital Transaction को, DBT को और प्रभावी बनाने में बहुत बड़ी भूमिका निभाने वाला है। इससे Targeted, Transparent और Leakage Free Delivery में सभी को बड़ी मदद मिलेगी। 21वीं सदी का भारत, आज कैसे आधुनिक टेक्नोलॉजी की मदद से आगे बढ़ रहा है, टेक्नोलॉजी को लोगों के जीवन […]

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