Real Effective Exchange Rate (REER) – UPSC Prelims
What is real effective exchange rate (REER)? It is the weighted average of a country’s currency in relation to an […]
What is real effective exchange rate (REER)? It is the weighted average of a country’s currency in relation to an […]
Initial Public Offering (IPO): IPO is the selling of securities to the public in the primary market. Primary market deals with
GST and Direct Taxes: The receipts from goods and services tax (GST) revenue has reduced by 7.6% in FY21 to ₹4.56
Gini Coefficient The Gini Coefficient is an indicator of economic development in a country. The Gini Coefficient measures the degree
What is Gold hallmarking? Gold hallmarking is a purity certification of precious metal. At present, it is voluntary in nature. It
Bitcoin: Bitcoin is a type of digital currency that enables instant payments to anyone. Bitcoin was introduced in 2009. Bitcoin is
The government has set up the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM-CARES Fund) to deal with any
GDP: India’s Gross Domestic Product (GDP) contracted by 7.3% in 2020-21, as per provisional National Income estimates released by the National
GST Compensation Cess GST Compensation Cess is levied by the GST Act 2017. The object of levying this cess is to compensate
GST Council: It is a constitutional body (Article 279A) for making recommendations to the Union and State Government on issues related to Goods