INDEX OF INDUSTRIAL PRODUCTION Subject : Economy Context :India’s IIP contracts to 1.6% in Jan; retail inflation rises to 5.03% in Feb. Concept : The Index of Industrial Production (IIP) is an index that shows the growth rates in different industry groups of the economy in a fixed period of time. It is […]

    BAD BANKS Subject: Economy Context: Government-owned bad bank is more capital efficient: Report Concept: A bad bank conveys the impression that it will function as a bank but has bad assets to start with. Technically, a bad bank is an Asset Reconstruction Company (ARC) or an Asset Management Company (AMC) that takes over […]