Economy

What Is Imported Inflation UPSC

What Is Imported Inflation ? Imported inflation occurs when the prices of goods and services in a country rise due to increased costs of imported products. This can happen for…

Theory of Consumer Behavior UPSC

Theory of Consumer Behavior UPSC The theory of consumer behavior is a fundamental subject in microeconomics that delves into how individuals decide to distribute their resources, specifically money, in order…

India will become a developed country by 2047.

India will become a developed country by 2047. India’s strong economic growth has raised expectations of it becoming a developed country by 2047, the 100th anniversary of its independence. However,…