Miscellaneous Facts:

Miscellaneous Facts:   India’s GDP per Capita 622 (US $ PPP). It is 684 US $ for Pakistan.   The

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Commissions/Committees & Their Purpose

  Commissions/Committees & Their Purpose Arjun Sen Gupta   Public Sector Enterprise Autonomy Committee         Rangarajan Committee

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Four Modes of Services under GATT

  Four Modes of Services under GATT Mode 1 Cross border trade, which is defined as delivery of a service

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Direct & Indirect Taxes

    Direct & Indirect Taxes   Direct Tax   Indirect Tax     Corporation Tax   Excise Duties  

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Components of Money Supply

    Components of Money Supply   M1 Consists of currency with the public (ie notes & coins in circulation

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Organizations & Their Survey/Reports

Organizations & Their Survey/Reports 1. World Economic & Social Survey U. N 2. World Investment Report UNCTAD 3. Global Competitiveness

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Millenium Development Goals

Millenium Development Goals 1. Eradicate extreme poverty and hunger 2. Achieve universal primary education 3. Promote gender equality and empower

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Financial Inclusion

Financial Inclusion Financial inclusion or inclusive financing is the delivery of financial services at affordable costs to sections of disadvantaged

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Role of Commercial Banks

Role of Commercial Banks A Commercial bank is a type of financial institution that provides services such as accepting deposits, making business

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MONEY SUPPLY

Money Supply Money supply is the entire stock of currency and other liquid instruments in a country’s economy as of

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INDIAN PUBLIC FINANCE

Indian Public Finance Value Added Tax Under the constitution the States have the exclusive power to tax sales and purchases

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MONETARY POLICIES

Monetary Policies Monetary policy is the process by which the monetary authority of a country controls the supply of money,

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PUBLIC FINANCE

Public Finance Public finance is the study of the role of the government in the economy. It is the branch

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-SUBSIDIES- CASH RANSFER OF SUBSIDY ISSUE

Subsidies- Cash Transfer of Subsidy Issue. A subsidy is a benefit given by the government to groups or individuals usually

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TAX REFORMS IN INDIA

Tax Reforms in India Sience 1990 ie the liberalization of Indian economy saw the beginning of Taxation reforms in the

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BUDGETING

Budgeting Budgeting is the process of estimating the availability of resources and then allocating them to various activities of an

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Drain Theory

  Dadabhai Naoroji: ‘Poverty in India’ (1876) He claimed that the drain of wealth and capital from the country which

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Industrial Transition in India

  The process of industrial transition divided into: industrial growth during the 19th century and industrial progress during the 20th

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India under the British Rule

  The economic consequences of the British rule can be studied under three heads: Decline of Indian Handicrafts and progressive

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