Special Economic Zone – UPSC Prelims
Special Economic Zones (SEZs) Act, 2006 The Special Economic Zones (SEZs) Act was enacted in 2006 with an aim to […]
Special Economic Zones (SEZs) Act, 2006 The Special Economic Zones (SEZs) Act was enacted in 2006 with an aim to […]
Budget and Constitutional Provisions: According to Article 112 of the Indian Constitution, the Union Budget of a year is referred to as
Free Trade Agreement (FTA) FTA is an arrangement between two or more countries to reduce trade barriers in imports and
Account Aggregator(AA): Account Aggregator is a non-banking financial company that simply facilitates sharing of financial information in a real-time and data-blind manner
Special Drawing Right(SDR): It is an international reserve asset created by the IMF in 1969 to supplement its member countries
Early Harvest agreements: Early harvest scheme is a precursor to a free trade agreement (FTA) between two trading partners. This is to
Electronic Gold Receipts (EGRs)? These are electronic receipts issued on the basis of a deposit of underlying physical gold. EGRs
Least Developed Countries: Least developed countries (LDCs) are low-income countries confronting severe structural impediments to sustainable development. They are highly
Context: FRBM review committee has recommended formation of a fiscal council for better fiscal management. Union Minister of State for
AT1 Bonds: AT1 Bonds stand for additional tier-1 bonds. These are unsecured bonds that have perpetual tenure. In other words, the