Prelimsverse

 There are three sectors of domestic economy: General government sector, Real sector, Financial Sector.

The rules will be applicable to all electronic retailers (e-tailers), registered in India or abroad but offering goods and services to Indian consumers. 

Inflation-indexed bonds give returns that are more than the rate of inflation, ensuring that price rise does not erode the value of investors’ savings.

Inflation measures the average price change in a basket of commodities and services over time. Inflation refers to the rise in the prices of most goods and services of daily or common use, such as food, clothing, housing, recreation, transport, consumer staples, etc.  Inflation is indicative of the decrease in the purchasing power of a …

Prelimsverse: Concept of Inflation simplified! Read More »

The nominal effective exchange rate (NEER) and the real effective exchange rate (REER) are both indicators of a nation’s competitiveness in relation to its trading partners.

Non-fungible tokens (NFTs) are cryptographic assets on a blockchain with unique identification codes and metadata that distinguish them from each other.

The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934.

It is a hybrid security that possesses features of both debt and equity.