Economy Basics for Prelims

Gini Coefficient The Gini Coefficient is an indicator of economic development in a country. The Gini Coefficient measures the degree […]

Bitcoin: Bitcoin is a type of digital currency that enables instant payments to anyone. Bitcoin was introduced in 2009. Bitcoin is

Cess A cess is an earmarked tax that is collected for a specific purpose and ought to be spent only

Monetary Policy It is the macroeconomic policy laid down by the central bank. It involves management of money supply and interest

Free Trade Agreement (FTA): A free trade agreement is an agreement in which two or more countries agree to provide preferential

Disinvestment means sale or liquidation of assets by the government, usually Central and state public sector enterprises, projects, or other fixed assets.

Zero Coupon Bonds: These are debt security that does not pay interest but instead trades at a deep discount, rendering

The call/notice money market forms an important segment of the Indian Money Market. Under call money market, funds are transacted

It is a facility extended by the Reserve Bank of India to the banks to avail liquidity in case of