Daily Current Affairs, GK Tricks, GS Notes, History, Polity & Exam Strategy — for SSC, UPSC, Railway, Banking & all exams.
Taxes are the main source of government revenue. India has direct taxes paid by income earners and indirect taxes on goods and services, both vital exam topics.
GST is a single indirect tax on the supply of goods and services launched in 2017. Its slabs, council and one-nation-one-tax idea are key exam points.
Five Year Plans were centralised plans for India's economic development from 1951 to 2017. Their goals and models are a steady source of exam questions.
Poverty and unemployment are major challenges for India's economy. Their types, measurement and key committees are commonly asked in exams.
Money is anything widely accepted as payment for goods and services. Its functions and forms are basic but frequently asked economics exam topics.
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.