Agents of UPSC CSE 🚩

It only shows growth in the economy not the distribution of national income.

Jab production hi nahi hoga proper to growth bhi kam hogi

Aur jab less production hoga to less tax hoga.

Less tax means slow Economic growth

531 viewsCaptain America, 15:26

MSP (23 crops) and FRP (sugarcane) both recommended by CACP and approved by CCEA always.

MSP formula - A2 + FL & C2

CACP comes under Min. of Agriculture

CCEA headed by PM of india

460 viewsCaptain America, 15:26

Agents of UPSC CSE 🚩

Demand and supply of money

Monetory policy of RBI

Expensionary monetory policy
Tight monetory policy

Many times repeated this theme 🌟

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522 viewsCaptain America, 15:26

Agents of UPSC CSE 🚩

Essential Commodities Act (ECA), 1955

The ECA has been used by the Government to regulate the production, supply, and distribution of a whole host of commodities it declares ‘essential to make them available to consumers at fair prices.

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539 viewsCaptain America, 15:27

Agents of UPSC CSE 🚩

CPI rural/urban/combined released by NSO and remaining 3 workers wali labour bureau release karta hai. RBI CPI combine use karta hai to measure retail inflation

612 viewsCaptain America, 15:27

Agents of UPSC CSE 🚩

CPI rural/urban/combined released by NSO and remaining 3 workers wali labour bureau release karta hai. RBI CPI combine use karta hai to measure retail inflation

Don't get confused by CSO.

CSO + NSSO (MERGED) = NSO

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608 viewsCaptain America, 15:28

Agents of UPSC CSE 🚩

Yad rakhna

Capital account convertibility - partial hai

Current account convertibility full hai 🌟

564 viewsCaptain America, 15:28

Agents of UPSC CSE 🚩

Basel convention environment me hota hai

Basel norms or basel accord economics me hota hai 🌟

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588 viewsCaptain America, 15:28

Agents of UPSC CSE 🚩

Rate of growth kabhi steadily increase nahi hota hai kabhi 6% hogi kabhi 7% to kabhi 5.9%. growth to ho rahi hai lekin steadily nahi hai aaj 5% kal 6% phir next year 7%

But GDP hamesa grow karti hai in terms of production.

National income 2015 ke bad se GDP at market price pe count ki jaa rahi hai 🌟

595 viewsCaptain America, 15:28

Agents of UPSC CSE 🚩

UPSC repeating inflation and controlling method again and again

Government controlling inflation through Fiscal policies ( increasing or decreasing tax rates )

RBI using monetory policy instruments.

619 viewsCaptain America, 15:29

Agents of UPSC CSE 🚩

International liquidity ka problem mostly developing countries ko hoti hai when they don't have sufficient forex reserve

For example - pakistan, sri-lanka etc

636 viewsCaptain America, 15:29

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