Impact of demand deposit withdrawal on aggregate money supply

The money supply is a measure of the total amount of monetary assets within an economy at any given time. The withdrawal of money from Demand Deposit Account does not change the aggregate money supply as the amount withdrawn remains in circulation. The only factor that changes is that the status of money has changed from ‘Demand Deposits with the Banking System’ to ‘Currency… Continue reading Impact of demand deposit withdrawal on aggregate money supply

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Short term borrowings during Global Financial Crisis (GFC) are not good

Foreign borrowings include the money borrowed by a government or private corporations from another country’s government, global institutions or private lenders. Short term borrowing can put undue pressure on the balance of payments of a country at a time when the global financial crisis (GFC) has already hit the forex reserve income. Therefore, a lower or nil short-term foreign debt is advantageous in times of… Continue reading Short term borrowings during Global Financial Crisis (GFC) are not good

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[Prelims 2020] [Part 1/4] List of Indices and Reports: Economy related – Ease of doing Business, World Economic outlook and more.

Dear Students, UPSC has time and again asked questions on reports and indices released by important international and national organizations in Prelims examination. In this post, we will discuss important Economy-related reports and indices released by international organizations since the 2018-19. [read more] This is the 1st part of a 4-series of posts on Important… Continue reading [Prelims 2020] [Part 1/4] List of Indices and Reports: Economy related – Ease of doing Business, World Economic outlook and more.

[Prelims 2020][Difference] ASHA, Anganwadi Worker (AWW) and Auxiliary Nurse Midwife (ANM)

There are three different cadres of community health workers in India: Accredited Social Health Activist (ASHA), Anganwadi Worker (AWW) and, Auxiliary Nurse Midwife (ANM). These community health workers play a pivotal role in the promotion of reproductive health services and family planning, antenatal care during pregnancy, skilled care for childbirth, immunization etc. Accredited Social Health… Continue reading [Prelims 2020][Difference] ASHA, Anganwadi Worker (AWW) and Auxiliary Nurse Midwife (ANM)

India must join WTO members in e-commerce talks

India must join WTO members in e-commerce talks economy News A group of 75 countries has launched negotiations on the trade-related aspects of e-commerce at the WTO Important Facts The announcement of the plan to start the e-commerce negotiations was made at the on-going World Economic Forum (WEF) meet in Davos. Developing countries such as… Continue reading India must join WTO members in e-commerce talks

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Eight core industries’ output growth slows to 2.6% in Dec 2018

Eight core industries’ output growth slows to 2.6% in Dec 2018 Economy News: The article discusses the performance of 8 core industries. Facts: The eight core industries’ output growth fell for the second straight month to touch 2.6% in December 2018. This was lower than both the 3.8 per cent growth recorded in December 2018… Continue reading Eight core industries’ output growth slows to 2.6% in Dec 2018

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