✅Gs-3 : Economy- Banking and Finance
🅾️CAN NRIs use UPI to transfer money to Indians?
➡️Answer : YES! - previously they needed intermediaries like money exchange
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🅾️CAN NRIs use UPI to transfer money to Indians?
➡️Answer : YES! - previously they needed intermediaries like money exchange
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✅Gs-3 : Economy- Banking and Finance- stock markets
🅾️What is short selling?
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🅾️What is short selling?
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Forwarded from VK IAS- prelims (UPSC highlights)
#Economy
✅Budget- 2023 breakup
🅾️What to focus on?- Increasing and decreasing order of expenditure- useful for prelims.
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✅Budget- 2023 breakup
🅾️What to focus on?- Increasing and decreasing order of expenditure- useful for prelims.
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Forwarded from VK IAS by Vikas kanukollu (VK)
✅Gs-3 : Economic growth- Sectors of economy- Tourism
⚠️Important point to note- The whole of government approach.
🅾️Who gives Infrastructure Status?- A status granted by the Department of Economic Affairs(DAE), Ministry of Finance- Click here
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⚠️Important point to note-
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✅Gs-3 : Economic growth- Infra- Telecom sector- Vodafone - idea government stake
🅾️What is 5G?- What is its relation with data and why telecom players are important ?- Click here
🅾️Definition of ‘aggregate gross revenue - What is IUC? impact on revenues- Click here
🅾️What is resource curse?- after reading this article- look at the AGR issue to understand the concept better- click here
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🅾️What is 5G?- What is its relation with data and why telecom players are important ?- Click here
🅾️Definition of ‘aggregate gross revenue - What is IUC? impact on revenues- Click here
🅾️What is resource curse?- after reading this article- look at the AGR issue to understand the concept better- click here
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✅Gs-3 : Economy- Fintech- cybersecurity issues
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✅Gs-3 : Economy-Banking and finance- PACS
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#Economy #Trends
✅Gs-3 : Economy- Mobilization of resources
🅾️Types of Disinvestment-Click here
🅾️Prelims 2023- important trend- Disinvestment targets in Economy
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✅Gs-3 : Economy- Mobilization of resources
🅾️Types of Disinvestment-Click here
🅾️Prelims 2023- important trend- Disinvestment targets in Economy
🎖Follow @Economyhighlights- for Economy news
Forwarded from VK IAS by Vikas kanukollu (VK)
✅Gs3- Budgeting- Very important for prelims - What is off budget borrowings?- how is it significant in discussions pertaining to FRBM targets?
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✅Gs-3 : Economy- mobilization of resources- windfall taxes
🅾️What is a windfall tax?- A windfall tax is a tax that is imposed on unexpected profits or gains that a company or industry receives due to unforeseen or external circumstances. The tax is designed to capture the excess profits earned by companies or industries during periods of unexpected or windfall gains, such as a surge in commodity prices or a change in tax laws that benefits them
⚠️windfall taxes can be controversial and may be seen as punitive or discouraging to business investment and innovation. Critics argue that windfall taxes may discourage companies from making long-term investments and taking risks,
🅾️You can notice this in RBI transfer controversy also.
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🅾️What is a windfall tax?- A windfall tax is a tax that is imposed on unexpected profits or gains that a company or industry receives due to unforeseen or external circumstances. The tax is designed to capture the excess profits earned by companies or industries during periods of unexpected or windfall gains, such as a surge in commodity prices or a change in tax laws that benefits them
⚠️windfall taxes can be controversial and may be seen as punitive or discouraging to business investment and innovation. Critics argue that windfall taxes may discourage companies from making long-term investments and taking risks,
🅾️You can notice this in RBI transfer controversy also.
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✅Gs-2 : Regulatory bodies in India- SEBI
🅾️How are stock markets regulated in India?- Each and every line is important in this article for prelims mains and interview
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🅾️How are stock markets regulated in India?- Each and every line is important in this article for prelims mains and interview
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Forwarded from VK IAS- prelims (UPSC highlights)
#Economy
✅Gs-2 : Governance- Grievance Redressal Mechanisms
✅GS3- Economic growth- E commerce- ONDC- Open network for Digital E-commerce
🅾️What is the The future of e commerce in our country-role of E commerce in inclusive growth- Click here
🅾️What is ONDC?- watch this video- https://www.youtube.com/watch?v=vqXE2f7YHyk
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✅Gs-2 : Governance- Grievance Redressal Mechanisms
✅GS3- Economic growth- E commerce- ONDC- Open network for Digital E-commerce
🅾️What is the The future of e commerce in our country-role of E commerce in inclusive growth- Click here
🅾️What is ONDC?- watch this video- https://www.youtube.com/watch?v=vqXE2f7YHyk
🎖 @upschighlights - Relevant hashtags for Prelims- Click here
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Forwarded from VK IAS by Vikas kanukollu (VK)
✅Gs-2 : Role of civil society- NGOs
🅾️The key idea behind using civil society for governance is- Using the expertise of people+ people's participation- which enriches the quality of democracy and hence well being
🅾️However, the problem is lack of money, expertise and mistrust from the side of government- Also there are quite a few civil society bodies that are allegedly trying to manipulate sections of population - Read this
🅾️This doesn't mean that we should stop leveraging civil society- collaboratives is a good way to harness our civil society potential- This is what this article is trying to say- we should probably focus on social enterprises
📍Also read : SOCIAL STOCK EXCHANGES
🔰THINK : DO YOU THINK ministry of cooperation can play some role here?- Click here
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🅾️The key idea behind using civil society for governance is- Using the expertise of people+ people's participation- which enriches the quality of democracy and hence well being
🅾️However, the problem is lack of money, expertise and mistrust from the side of government- Also there are quite a few civil society bodies that are allegedly trying to manipulate sections of population - Read this
🅾️This doesn't mean that we should stop leveraging civil society- collaboratives is a good way to harness our civil society potential- This is what this article is trying to say- we should probably focus on social enterprises
📍Also read : SOCIAL STOCK EXCHANGES
🔰THINK : DO YOU THINK ministry of cooperation can play some role here?- Click here
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✅Gs-2 : Role of civil society- NGOs
✅Gs-3 : Inclusive growth- Social Entrepreneurship
🅾️What are social stock exchanges?- SEBI committee report on how social stock exchanges go beyond just garnering funds for their functions- Click here
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✅Gs-3 : Inclusive growth- Social Entrepreneurship
🅾️What are social stock exchanges?- SEBI committee report on how social stock exchanges go beyond just garnering funds for their functions- Click here
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✅Gs-3 : Economy - External sector
🅾️Order of foreign exchange reserves- click here
🅾️ WTO- Trade agreements- click here
🅾️What is India's Import tariff policy?
🅾️IMF- Case study of Bangladesh
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🅾️Order of foreign exchange reserves- click here
🅾️ WTO- Trade agreements- click here
🅾️What is India's Import tariff policy?
🅾️IMF- Case study of Bangladesh
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✅Gs-3 : Mobilization of resources/ Internal security- Issue of black money
🅾️Virtual digital assets under the PMLA law- its implications- Role of ED
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🅾️Virtual digital assets under the PMLA law- its implications- Role of ED
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✅Gs-3 : Mobilization of resources/ Internal security- Issue of black money- New PMLA rules/ FATF recommendations to curb black money- Who are the politically exposed persons?
🅾️Basics to be understood: FERA, FEMA, FCRA differences- Why is FCRA under min of home? why not Finance or under RBI?- Click here
🅾️Also read-Virtual digital assets under the PMLA law- its implications
🅾️What is the purpose of DARPAN portal of NITI Ayog?
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🅾️Basics to be understood: FERA, FEMA, FCRA differences- Why is FCRA under min of home? why not Finance or under RBI?- Click here
🅾️Also read-Virtual digital assets under the PMLA law- its implications
🅾️What is the purpose of DARPAN portal of NITI Ayog?
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✅Gs-3 : Economy- mobilization of resources- Banking- SVB bank failure- D-SIB
🅾️In order to be listed as a D-SIB, a bank needs to have assets that exceed 2 percent of the national GDP. The banks are then further classified on the level of their importance across the five buckets.Due to their economic and national importance, the banks need to maintain a higher share of risk-weighted assets as tier-I equity. SBI, since it is placed in bucket three of D-SIBs, has to maintain Additional Common Equity Tier 1 (CET1) at 0.60 percent of its Risk-Weighted Assets (RWAs).
⚠️L8| Watch this if you are confused about different Banks and Role of RBI
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🅾️In order to be listed as a D-SIB, a bank needs to have assets that exceed 2 percent of the national GDP. The banks are then further classified on the level of their importance across the five buckets.Due to their economic and national importance, the banks need to maintain a higher share of risk-weighted assets as tier-I equity. SBI, since it is placed in bucket three of D-SIBs, has to maintain Additional Common Equity Tier 1 (CET1) at 0.60 percent of its Risk-Weighted Assets (RWAs).
⚠️L8| Watch this if you are confused about different Banks and Role of RBI
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