Pandemic and Inflation Subject : Economy Section : Inflation Context Inflation has risen around the world, across major economies. How did the pandemic lead to inflation? Supply constraint– cost push inflation led the surge in energy, food, non-food commodities, input prices and rising freight costs Lockdown– structural inflation Base effect-earlier lower inflation Pent […]
Crypto crashed Subject : Economy Section : Monetary Policy Context Bitcoin, the most dominant cryptocurrency around, is down more than 50% from an all-time high price of $68,000, which it achieved just last November. Concept: A stablecoin is a type of cryptocurrency that is typically pegged to an existing government-backed currency. A cryptocurrency […]
Daily Practice Sheet 23 May 2022 Daily Prelims Topics External debt of India Custom Duty LOU And FLCs Inflation Look Out Circulars Indo-Pacific Economic Framework (IPEF) Supreme Court allows export of iron ore from key mines in Karnataka Specialty steel PLI scheme deadline may be extended Sustaining FDI Jagannath Temple New FIR […]