Stock Market Basics: SEBI, NSE and BSE
The stock market lets companies raise capital and investors trade shares. SEBI, the NSE and the BSE are its key institutions and common exam topics.
Latest Economy articles & notes for all competitive exams.
The stock market lets companies raise capital and investors trade shares. SEBI, the NSE and the BSE are its key institutions and common exam topics.
The balance of payments records all economic transactions between a country and the rest of the world. Its accounts and trade terms are key exam topics.
Government schemes target welfare, employment, health and finance. Knowing their launch years and aims is a high-scoring area for competitive exams.
The IMF and World Bank are global financial institutions formed in 1944. They support member countries with funds, loans and economic advice.
Financial inclusion means giving every person access to banking and financial services at low cost. It is a key goal of Indian economic policy.
Markets are classified by the number of sellers and the nature of products. The main types are perfect competition, monopoly, oligopoly and monopolistic competition.
India has a wide industrial base ranging from iron and steel to textiles, cement and IT. These industries drive growth and employment.
The Human Development Index measures a country's progress in health, education and income. It is published by the UNDP every year.
The public sector is owned by the government while the private sector is owned by individuals and companies. Both drive India's mixed economy.