Economy

Microeconomics and Macroeconomics

Microeconomics and Macroeconomics Microeconomics and Macroeconomics are two main branches of economics that study different aspects of the economy. Here are the key differences: Microeconomics Focus: The study of individual…

Introduction to Economics

Introduction to Economics What is Economics? Economics is the study of how individuals, businesses, governments, and societies manage and allocate scarce resources. At its core, economics helps us understand how…

SEBI UPSC

SEBI The Securities and Exchange Board of India (SEBI) is the regulatory authority for securities markets in India. It was established in 1988 and given statutory powers on April 12,…

The PM Vishwakarma Scheme UPSC

The PM Vishwakarma Scheme, launched by Prime Minister Narendra Modi on September 17, 2023, aims to support traditional artisans and craftsmen in India. The initiative is named after Vishwakarma, the…

What is urbanization? UPSC

What is Urbanization Urbanization is the transformation of rural areas into urban areas, marked by a rise in the urban population and the expansion of city and town infrastructure. Main…

What is the importance of economics? UPSC

What is the importance of economics? There are several reasons why economics is a crucial field of study, as it covers a wide range of topics including human society, resource…

The Economic Survey 2024 UPSC

The Economic Survey 2024 On July 22, 2024, Finance Minister Nirmala Sitharaman presented the Economic Survey 2024, offering a detailed examination of India’s economic progress in the previous year and…

The history of the Indian budget

The history of the Indian budget The history of the Indian budget is rich and reflective of the country’s economic evolution and political changes. Here are some key highlights: Pre-Independence…

Fiscal Policy And Monetary Policy UPSC

Fiscal Policy And Monetary Policy Governments and central banks utilize fiscal policy and monetary policy as the main tools to impact economic activity and attain macroeconomic goals. Here is a…

What is GDP and why is it important? UPSC

What is GDP and why is it important? GDP, also known as Gross Domestic Product, is a crucial economic measure that signifies the overall monetary worth of all completed goods…