Business/Economy- Government Schemes

BHIM

  Economy-Government Schemes   Schemes / Government Initiatives   1-National Investment and Infrastructure Fund (NIIF) * It is set up as Category II Alternate Investment Fund (AIF) under the Securities and Exchange Board of India (SEBI) Regulations. NIIF is India‚Äôs first sovereign wealth fund.   2-Sovereign Gold Bond Scheme (SGBs) * The Sovereign Gold Bonds … Read more

Business/Economy

Indian Economy   1-The economy of India is the sixth-largest economy in the world . 2-The economy of India is measured by nominal GDP and the third-largest by purchasing power parity (PPP). 3- Maharashtra is the wealthiest Indian state and has an annual nominal GDP of US$330 billion, nearly equal to that of Portugal and … Read more

Business/Economy -Important Points For Exam

Business/Economy 1-A rate of exchange established between any two currencies on the basis of the respective quotation of each currency in terms of a third currency is known as Cross rate 2-Infusion of liquidity, by RBI, is done through LENDING from / to banks under a REPO transaction. 3- Some banks are financing big projects … Read more