Differentiated banks are banking institutions licensed by the RBI to provide specific banking services and products.

There are some banks, which cater to the requirements and provide overall support for setting up business in specific areas of activity.

A Co-operative bank is a financial entity which belongs to its members, who are at the same time the owners and the customers of their bank. It is distinct from commercial banks.

Development banks are financial institutions (DFIs) that provide long-term credit for capital-intensive investments with long payback periods.

Scheduled banks are banks that are listed in the 2nd schedule of the Reserve Bank of India Act, 1934. 

GST is a destination based consumption tax with facility of Input Tax Credit in the supply chain. 

The enactment of the FRBMA, in August 2003, marked a turning point in fiscal reforms, binding the government through an institutional framework to pursue a prudent fiscal policy.

Public Goods are non rivalrous and non excludable.

Revenue Deficit, Fiscal Deficit and Primary Deficit clearly explained.

Fiscal policy is the guiding force that helps the government decide how much money it should spend to support the economic activity