DMPQ

. Capital Account Convertibility is a feature of a nation’s financial  regime that centers on the ability to conduct transactions of local financial assets (money, stocks, bonds,  real estate, FDI, FII, account receivable, inventory etc) into foreign financial assets freely and at market  determined exchange rates. In layman’s terms, full capital account convertibility allows local … Read more

The National Agriculture Market is envisaged as a pan-India electronic trading portal which seeks to network the existing APMCs and other market yards to create a unified national market for agricultural commodities. NAM is a “virtual” market but it has a physical market (mandi) at the back end. NAM is proposed to be achieved through … Read more

Unemployment is a phenomenon that occurs when a person who is capable of working and is actively searching for the work is unable to find work. Different types of unemployment are as follows: Frictional Unemployment:The minimum amount of unemployment that prevails in an economy due to workers quitting their previous jobs and are searching for … Read more

The fourth industrial revolution is a technological revolution that will fundamentally alter the way we live, work and relate to one another. The 4threvolution will be characterized by the advent of cyber-physical systems which, while being reliant on the technologies and infrastructure of the third industrial revolution, represent entirely new ways in which technology becomes … Read more

Disinvestment, or divestment, refers to the act of a business or government selling or liquidating an asset or subsidiary or the process of dilution of a government’s stake in a PSU (Public Sector Undertaking). The concept of disinvestment follows the dictum: The government has no business to be in business. Thus, the government continues to … Read more

Non-Tax Revenue: Interest Receipts: This largest non-tax source of Central Government’s revenue receipts is the interest it earns mainly on the loans it has advanced to State Governments, to financial and industrial enterprises in the public sector. Surplus Profits of the Reserve Bank of India (RBI): The surplus profits of the RBI is also a … Read more

Major reasons are: Low capital investment in infrastructure. Rising NPA after financial crisis and Twin balance sheet problem. Opening up of economy in 1991 had make us vulnerable as manufacturing country. We did capitalise on service sector. Labour laws skewed in favour of non-setting up of manufacturing units. Low investment in Research and development sector. … Read more

SEBI stands for securities and exchange board of India. It was set up through a government resolution in an effort to give the Indian stock market an organised structure. Its initial paid up capital up was Rs. 50 Crore.   Main functions and powers of the SEBI are as follows: Registering and stock exchanges, merchant … Read more