Government securities (G-Secs) Subject – Economy Context – G-Secs yield tops 6.5 per cent Concept – Bond yields and prices are inversely correlated and move in opposite directions. What are government securities, or g-secs? These are debt instruments issued by the government to borrow money. The two key categories are treasury bills – […]

    IRDAI bats for ‘reasonable’ remuneration to insurance CEOs Subject – Economy Context – IRDAI bats for ‘reasonable’ remuneration to insurance CEOs, to limit variable pay Concept – The Insurance Regulatory and Development Authority of India (IRDAI) has batted for ‘reasonable’ remuneration to insurance CEOs, to limit variable pay. This has been proposed in […]

    India’s falling jobless rate Subject – Economy Context – Jobless rate touches ‘4-mth high’ Concept – India’s unemployment rate touched a four-month high of 7.9 per cent in December, data from the Centre for Monitoring Indian Economy (CMIE) showed. What are the risks to employment? Urban unemployment rate on a weekly level had […]

    MSMEs Subject – Economy Context – MSMEs: Engines of growth for new India Concept – Worldwide, MSMEs have been accepted as the engine of economic growth and for promoting equitable development. They constitute over 90% of total enterprises in most of the economies and are credited with generating the highest rates of employment […]

    Double Deflation Subject – Economy Context – growth rate of real GDP is contaminated by the “double deflation problem”. Concept – In the double deflation method, real value added is measured as the difference between real gross output and real intermediate inputs. Double deflation is the technique used to estimate real value added […]

    Small Value Digital Payments in Offline Mode Subject – Economy Context – RBI unveils framework to enable small value digital payments in offline mode Concept – The Reserve Bank of India (RBI) issued a framework to enable small value digital payments in offline mode using any channel or instrument such as cards, wallets […]

    Rebate of State and Central Taxes and Levies (RoSCTL) Subject – Economy Context – At $37.29 billion, December export shit the highest ever in a month Concept – Announced on 7th March, 2019, RoSCTL was offered for embedded state and central duties and taxes that are not refunded through Goods and Services Tax […]