Monday, October 2, 2023
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Indian Economy

List of Private Sector Banks and Headquarters

About Bank Merges There are a total of 12 Public Sector Banks in India after the Mega-Merger. Among these, there are six merged banks and six independent public sector banks.Merged Banks - SBI, PNB, BoB, Indian Bank, Canara Bank, and Union Bank of...

Regional Rural Banks in India

About RRB in India Regional Rural Banks (RRB) are scheduled Commercial banks (Government banks) operating at the regional level in different States of India. RRBs perform Various functions in the following heads: Providing banking facilities to rural and semi-urban areas.Carrying out government operations like disbursement of wages...

Comptroller and Auditor General of India (CAG)

About Comptroller and Auditor General of India(CAG) The Comptroller and Auditor General (CAG) of India is an authority, established by Article 148 of the Constitution of India, which audits all receipts and expenditures of the Government of India and the state governments, including those of bodies and authorities substantially financed by the government. The current CAG...

RBI Governors

Shaktikanta Das has become the 25th governor of the Reserve Bank Of India(RBI) in December 2018.C.D. Deshmukh was the first Indian Governor. About RBI The Reserve Bank of India (RBI) is India’s Central Banking Institution, which controls the monetary policy of the Indian rupee. Started: 1 April 1935 under...

Rural Development Schemes in India

Pradhan Mantri Gram Sadak Yojana This Scheme was launched on 25 December 2000 by then Prime Minister Atal Bihari VajpayeeThe scheme aims at enhancing rural road connectivity. This scheme provides connectivity to the habitations with less or no connectivity at...

Goods and Service Tax (GST)

About GST                GST (Goods and Services Tax) is the indirect tax reform of India. GST is a single tax on the supply of goods and services. It is a destination-based tax. GST has subsumed taxes like Central Excise Law,...

Five Year Plan

About Five Year Plan Economic planning in India began after the country's independence in 1950 when it was thought important for the country's economic growth and development.This was carried out through the Planning Commission (1951-2014) and the NITI Aayog's (2015-2017) Five-Year Plans, which were...

Women Empowerment Schemes

Under Article 15(3), the Constitution of India allows for positive discrimination in favour of women. The article, under right to equality, states: “Nothing in this article shall prevent the State from making any special provision for women and children.” In addition, the directive principles...

Indian Economy Syllabus & Tips for UPSC

Important Topics in the Indian Economy Basic Concepts Macroeconomic Concepts Microeconomic Concepts Economic MeasurementsNational Income & Its CalculationEconomic Growth and DevelopmentInflationMoney & BankingMoney Function & ClassificationFinancial Markets & Its InstrumentsBanking Structure in IndiaPublic Finance in IndiaBudgetingFiscal PolicyCentre-state DistributionTax Structure in IndiaPlanningMeaning, Objective &...

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