AVGC Sector

AVGC Sector

Animation, Visual Effects, Gaming and Comics (AVGC) Sector #GS-03 Economy, Science and Technology For Prelims AVGC Promotion Task Force: The AVGC Promotion Task Force was set up under the headship of Secretary, Ministry of Information & Broadcasting. Its creation was announced in the Union Budget […]

The rise of rural manufacturing

The rise of rural manufacturing

The rise of rural manufacturing #GS-03 Economy For Mains: The urban-rural manufacturing shift: A steady stream of investments in rural locations over the last two decades has ensured that 42% of factories and 62% of fixed capital is in the rural side This is evidence […]

Factors of Production

Factors of Production

Factors of Production #GS-03 Economy For Prelims What are the Factors of Production: Factors of production are resources that are thought to be the basic building blocks of production in any economy. Land, labour, capital, and entrepreneur are widely considered to be the four main […]

Repo Rate

Repo Rate

Repo Rate #GS-03 Economy For Prelims Repo Rate: Repo rate is the rate at which the Reserve Bank of India (RBI) lends to other banks. It is a part of the Liquidity Adjustment Facility (LAF) of the RBI. The increased repo rate will discourage banks […]

e-Rupee

e-Rupee

e-Rupee #GS-03 Economy  For Prelims RBI and Digital Currency: The Reserve Bank of India this week launched the digital rupee on a pilot basis. The digital currency will be offered by a select group of public and private banks in a few major cities initially, […]

Layoffs and Recession

Layoffs and Recession

Layoffs and Recession #GS-03 Economy For Prelims: What is Recession? In simple terms recession is when economy stops growing and starts shrinking. Technically recession is when the GDP growth rate of a country is negative for two consecutive quarters or more. A significant fall in […]