Subject: Economy Context: High real interest rates are holding back investments in Indian economy Concept: Real interest rate is essentially derived after subtracting the inflation rate from the nominal interest rate.  RBI targets retail inflation, which is calculated by the Consumer Price Index (CPI), it is easy to believe that the real interest rates are […]

Subject: Economy Context: Network products have potential to generate jobs in post COVID economy of India Concept: The Economic Survey 2019-20 promoted this by suggesting “assembly in India for the world”, especially in “networked products”, in a bid to create four crore well-paid jobs by 2025 and eight crore jobs by 2030. Network product is one […]

Subject: Economy Context: There are only 2 Initial public offerings in last 6 months in both NSE and BSE. Concept: Initial public offering is the process by which a private company can go public by sale of its stocks to general public. It could be a new, young company or an old company which decides […]

Subject: Economy Context: India and USA signed MoU to begin cooperation on operation and maintenance of strategic petroleum reserves, including exchange of information and best practices, and also discussed the possibility of India storing oil in the US Strategic Petroleum Reserve to increase India’s strategic oil stockpile. Concept: Government of India decided to set up […]