Economy

Protectionism is the economic policy of restricting imports from other countries through methods such as tariffs on imported goods, import quotas, and a variety of other government regulations. Protectionist policies help immune the producers, businesses, and workers of the import-competing sector in the country from foreign competitors.   Impact on India   Positive: India has … Read more DMPQ: What is protectionism? How does it affect India? (Economy)

Monetary transmission refers to the process by which a central bank’s monetary policy decisions are passed on, through financial markets, to businesses and households.     A Ponzi scheme is a fraudulent investing scam promising high rates of return with little risk to investors. Instances of people losing their hard-earned money to Ponzi schemes keep … Read more DMPQ: Give a brief account on following term. (Economy) a) Monetary policy transmission b) Ponzi scheme

Recapitalisation plan is a mechanism to deal with the problems of NPA in the financial institutions. It is one of the four R’s to address the issue of NPA’s.  In Oct,17 Centre has announced a 2.11 lakh crore recapitalisation plan for the public sector banks over the next two years. The recapitalisation plan is a … Read more DMPQ: . What is the recapitalisation plan for the banks? Discuss the implication of the plan. (Economy)

Objectives of the Agriculture Export Policy are as under: To double agricultural exports from the present US $ 30+ Billion to US $ 60+ Billion by 2022 and reach US $ 100 Billion in the next few years thereafter, with a stable trade policy regime. To diversify our export basket, destinations and boost high value and value-added agricultural exports … Read more DMPQ: Recently the agriculture export policy was announced by the government of India. Discuss the objectives of the agriculture export policy. (Economy)

  Changes in the Income tax act: one of the condition for resident of India was leading to creation of shell companies i.e. during a financial year, a company shall have management of its affairs wholly in India. This provision was leading to creation of shell companies.   Ministry of Corporate Affairs (MCA) and Central … Read more DMPQ: What were the steps taken by government of India to regulate the Shell companies? (Economy)

Shell companies are typically corporate entities which do not have any active business operations or significant assets in their possession.  A shell company may be a legal entity or not. Issues associated with shell companies: There is no clear definition of shell companies. Even under the companies act they are not defined. Out of the … Read more DMPQ: What are shell companies? What are the concerns associated with shell companies. (Economy)

: Brent Crude is a major trading classification of sweet light crude oil that serves as a major benchmark price for purchases of oil worldwide. This grade is described as light because of its relatively low density, and sweet because of its low sulphur content. Brent Crude is extracted from the North Sea and comprises … Read more DMPQ: What is brent crude? What are the impact of rising oil prices on India?

Base erosion and profit sharing is a tax avoidance strategy by multinational companies, where in profits are shifted from shifted from jurisdiction that have high taxes to jurisdiction that have low tax. Base erosion and profit shifting project is a joint initiative between G20 countries and the OECD , towards the development of a coherent … Read more DMPQ: What is Base erosion and profit sharing? Discuss the provisions of the Base erosion and profit sharing project? (Economy)

External commercial borrowing (ECB) is basically a loan availed by an Indian entity from a non-resident lender.  They are used widely in India to facilitate access to foreign money by Indian corporations and PSUs (public sector undertakings).  Most of these loans are provided by foreign commercial banks and other institutions.  In the post reform period, … Read more DMPQ: What is external commercial borrowing? Who controls External commercial borrowing and discuss its advantages.

The New Development Bank (NDB), formerly referred to as the BRICS Development Bank, is a multilateral development bank established by the BRICS states (Brazil, Russia, India, China and South Africa). The Bank supports public or private projects through loans, guarantees, equity participation and other financial instruments. It is headquartered in Shanghai, China. The first regional … Read more DMPQ:What is New Development Bank and explain its mandate? (International organisation)