Source: The post is based on the article “Explained: What Rs 80 to a dollar means” published in Indian Express on 20th July 2022. Contents1 What is the News?2 What is the rupee exchange rate?3 What happens when the rupee depreciates? 4 Is there anything to worry about? What is the News? The Indian rupee has… Continue reading Explained: What Rs 80 to a dollar means
Category: Factly – Indian Economy
This category contains all Current Affairs Factly Articles for Prelims, related to the Indian economy. You can find all relevant Economy updates on this page. This page is specifically useful for UPSC Prelims exam.
Panel on MSP, Natural Farming setup
Source: The post is based on the article “Panel on MSP, Natural Farming setup” published in The Hindu on 19th July 2022. What is the News? The Government of India has constituted a committee to look into the issues of minimum support price(MSP), Natural Farming and Crop diversification. About the Committee on MSP, Natural Farming… Continue reading Panel on MSP, Natural Farming setup
Yield inversion, soft-landing and reverse currency wars: A glossary for the troubled global economy
Source: The post is based on the article “Yield inversion, soft-landing and reverse currency wars: A glossary for the troubled global economy” published in Indian Express on 18th July 2022. Contents1 What is the News?2 What is the Yield Curve?3 Different Types of Yield Curves4 Why does the inversion of the Yield Curve happen?5 What… Continue reading Yield inversion, soft-landing and reverse currency wars: A glossary for the troubled global economy
Explained: Is there a crisis in rice?
Source: The post is based on the article “Explained: Is there a crisis in rice?” published in Indian Express on 18th July 2022. What is the News? The overall crop coverage has risen since last year. But the rice coverage was 17.4% down from last year. However, adequate stocks and cultivation of rice over a… Continue reading Explained: Is there a crisis in rice?
Only 50% farmers benefited from farm loan waivers, finds study
Source: The post is based on the article “Only 50% farmers benefited from farm loan waivers, finds study” published in The Hindu on 18th July 2022. What is the News? State Bank of India’s researchers have conducted a study on the Farm Loan Waivers Scheme announced by different states. What are the key findings of… Continue reading Only 50% farmers benefited from farm loan waivers, finds study
Remittances from Gulf countries dropped sharply in FY21 due to Covid: RBI
Source: The post is based on the article “Remittances from Gulf countries dropped sharply in FY21 due to Covid: RBI” published in Business Standard on 17th July 2022. What is the News? According to an RBI article, the share of inward remittances from Gulf nations dipped sharply during 2020-21 on account of the economic stress… Continue reading Remittances from Gulf countries dropped sharply in FY21 due to Covid: RBI
For new projects, NHAI back to build-operate-transfer model
Source: The post is based on the article “For new projects, NHAI back to build-operate-transfer model” published in Indian Express on 15th July 2022. Contents1 What is the News?2 What is the Build-Operate-Transfer(BOT) Model?3 How is the NHAI planning to implement the BOT Model?4 What are the other Important PPP Models?4.1 Engineering, Procurement, and Construction(EPC)… Continue reading For new projects, NHAI back to build-operate-transfer model
What relaxed ECB norms mean for companies?
Source: The post is based on the article “What relaxed ECB norms mean for companies?” published in Livemint on 18th July 2022. Contents1 What is the News?2 What are External Commercial Borrowings(ECBs)?3 What is the relaxation offered by the RBI for ECBs? 4 Why do Indian firms go for ECBs? 5 What are the risks involved for… Continue reading What relaxed ECB norms mean for companies?
Explained: What are randomized controlled trials, how do they work?
Source: The post is based on the article “Explained: What are randomized controlled trials, how do they work?” published in Indian Express on 15th July 2022 What is the News? Economist and Nobel laureate Michael R Kremer has said that for a diverse country like India Randomized Controlled Trials(RCTs) must be carried out at multiple… Continue reading Explained: What are randomized controlled trials, how do they work?
Union Agriculture Minister launches Platform of Platforms(POP) under eNAM
Source: The post is based on the article “Union Agriculture Minister launches Platform of Platforms(POP) under eNAM” published in PIB on 14th July 2022 What is the News? The Union Minister of Agriculture and Farmers Welfare has launched the Platform of Platforms (POP). What is Platform of Platforms(POP)? It has been launched under the National… Continue reading Union Agriculture Minister launches Platform of Platforms(POP) under eNAM
