Economy Miscellaneous for Prelims

Context: FRBM review committee has recommended formation of a fiscal council for better fiscal management. Union Minister of State for […]

Utility: Direct Question can be asked on this topic or on failure of present tax regime like BEPS. Context: The

Inflation in USA increases inflationary pressure on Indian Economy. Imported inflation: When prices increase globally, everything that is imported will become

What is the Gig Economy? The Gig Economy is characterized by short-term contracts or freelance work as opposed to permanent jobs.

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

What is Gold hallmarking? Gold hallmarking is a purity certification of precious metal. At present, it is voluntary in nature. It

GDP: India’s Gross Domestic Product (GDP) contracted by 7.3% in 2020-21, as per provisional National Income estimates released by the National

What is a Currency Swap Facility? The term swap means exchange. Under this agreement, two contracting countries loan each other