Economy

The transfer of ownership, property or business from the government to the private sector is termed privatization. The government ceases to be the owner of the entity or business. Currently PSU’s like Air India, BSNL are loss making affair for long and there is a demand to privatise them . Benefits of Privatisation are as … Read more DMPQ: What do you understand by the term Privatization? Do you agree with the current discourse of Privatization of PSU?

Headline inflation is a measure of the total inflation within an economy, including commodities  such as food and energy prices (e.g., oil and gas), which tend to be much more volatile and prone to inflationary spikes .On the other hand, “core inflation ” (also non-food-manufacturing or underlying inflation) is calculated from a price index minus the … Read more DMPQ:What do you understand by the term Headline Inflation and core inflation?

There are 3 methods to calculate the National income.These methods are given by Simon Kuznets. PM (Product Method) or Product service method. IM (Income Method) CM (Consumption Method) or expenditure method. In India the combination of Product method and Income methods is used for calculating the National Income.   PRODUCT METHOD: NI = GDP  – income earned in … Read more DMPQ: Explain in detail the methods to calculate National Income.

IMPRINT: IMPRINT is the first of its kind MHRD supported Pan-IIT + IISc joint initiative to address the major science and engineering challenges that India must address and champion to enable, empower and embolden the nation for inclusive growth and self-reliance. This novel initiative with twofold mandate is aimed at: (a) Developing new engineering education … Read more DMPQ- Discuss the following terms: a) IMPRINT b) STAR

Repo rate is the rate at which the central bank of a country (Reserve Bank of India in case of India) lends money to commercial banks in the event of any shortfall of funds. It is used for controlling inflation of a country. High Repo rate: Taking loan from RBI will be costlier. Effect of … Read more What is Repo rate? Write down the effect of changing Repo rate?

SEBI stands for securities and exchange board of India. It was set up through a government resolution in an effort to give the Indian stock market an organised structure. Its initial paid up capital up was Rs. 50 Crore.   Main functions and powers of the SEBI are as follows: Registering and stock exchanges, merchant … Read more DMPQ: What is SEBI? Write down its functions

The Agreement on Trade-Related Investment Measures (TRIMs) are rules that apply to the domestic regulations a country applies to foreign investors, often as part of an industrial policy. The agreement, concluded in 1994, was negotiated under the WTO’s predecessor, the General Agreement on Tariffs and Trade (GATT), and came into force in 1995. The agreement … Read more DMPQ: What do you mean by Trade-Related Investment Measures (TRIMs) ?

Major reasons are: Low capital investment in infrastructure. Rising NPA after financial crisis and Twin balance sheet problem. Opening up of economy in 1991 had make us vulnerable as manufacturing country. We did capitalise on service sector. Labour laws skewed in favour of non-setting up of manufacturing units. Low investment in Research and development sector. … Read more DMPQ: Why manufacturing sector in India failed to realise its potential?

Aviation sector is one of the promising sector in India. This sector faced a growth rate of 20%  per annum in passenger traffic. As per IATA, India will become the 3rd largest aviation market in the world interms of passenger by 2026. Above data clearly states that aviation sector is not under stressed. The opportunities … Read more DMPQ: Air India is severely under stressed but aviation sector is not. Identify the potential and challenges?

India imports 40% of the World’s total production of Gold, making India as the top importer of Gold metal. India imports approx 1000 tons of Gold per year. The imports are mainly from China, USA, Australia, South Africa and Russia. In India, approx 4000 tons of gold is lying idle in Temples, and approx 15000 … Read more DMPQ-Lust for Gold is a social feature of society but its repercussion on economy are negative in nature. Comment.