[GS3] Shanta Kumar report on FCI-restructuring, Buffer stock, PDS & Food security & Direct Benefit Transfer

What is Food security? Origin of FCI Timeline of Food management in India Disturbing Numbers: FCI and Food Mismanagement Shanta Kumar Committee on FCI restructuring #1: Outsource procurement to State Governments #2: Procurement Payment reforms #3: Buffer stock reforms [...]

By |2015-02-12T14:04:16+05:3012/02/2015|Categories: Economy|Tags: , |50 Comments

[Economy] Niti Aayog, Planning Commission: Evolution, Structure, Function and truckload of Criticism explained

Timeline of planning in India Five Year plans: from 1st to 12th Planning Commission: Criticism/Anti-Arguments Niti Aayog: Structure, Membership NITI Aayog: functions, Mandates Functional Comparison: Niti vs PC Niti Aayog: Criticism/Anti-Arguments Allocation of funds to States? Chinese Niti Aayog? [...]

By |2015-01-27T08:45:20+05:3021/01/2015|Categories: Economy|Tags: , |142 Comments

[Banking] Bharat Bill Payment System (BBPS), SBI Shariya Equity fund, KYC partial freezing, Minimum Balance guidelines

Prologue [Block-1] Money transfer related Bharat Bill Payment System (BBPS) Pre-paid cards: Bhai increases Limit ATM transaction: Bhai says >5=Rs.20 Kotak Facebook money transfer Corporation bank: E-Mandate ICICI: cashless withdrawls [Block-2] Banking-Finance operations KYC non-compliant accounts: Bhai's orders Partial [...]

By |2015-01-26T19:10:12+05:3027/12/2014|Categories: Economy|Tags: |38 Comments

[Financial Inclusion] Kisan Vikas Patra (KVP): Features, Money Laundering, NSSF, Small Savings Instruments

Small saving instruments (SSI): Meaning & Benefits Small Savings instruments: Examples National Small savings fund (NSSF) Kisan Vikas Patra (KVP): Timeline KVP-2014: Salient Features for MCQs KVP-1988 vs 2014: what’s the Difference? Kisan Vikas Patra & Black money / [...]

By |2015-01-26T19:10:12+05:3011/12/2014|Categories: Economy|Tags: , |75 Comments

[Banking] PM Jan Dhan Yojana: Salient Features, Benefits, Limitations & truckload of criticism

Prologue Disturbing numbers PMJDY: Salient Features: Jan-Dhan: Benefits, Pro-Arguments Criticism / Anti-Arguments Multiple accounts to get more insurance Money laundering Insurance thuggary in small fonts BCA model is EPICFAIL DBT Epicfail => vicious cycle Mock Questions Prologue Topics part [...]

By |2015-01-26T19:10:12+05:3013/10/2014|Categories: Economy|Tags: , |167 Comments

[Disinvestment] Timeline, Methods, Pro & Anti Arguments, Modi Policy on PSU reforms and Disinvestment

Prologue Disinvestment Timeline in India Two methods of disinvestment Retail investors' participation? Hardly! Disinvestment: arguments in favor and against Modi-Reform1: Disinvesting NHPC, Coal India, ONGC Modi Reform2: Revive 5 and shut down 6 Mock Questions Prologue Combining Disinvestment theory [...]

By |2015-01-26T17:51:21+05:3013/10/2014|Categories: Economy|Tags: , |13 Comments

[Economy] Inflation Indexed Bonds IIB, IINSS-C: Salient Features, real interest rate, nominal interest rate

Prologue Nominal vs Real interest rate Inflation index bonds: Salient Features IIB: How do they protect against inflation? IIB: principal also protected Prologue Economic Survey Chapter 4: Prices and Monetary Management. FIVE subparts Inflation indexed bonds measures of money [...]

By |2015-01-26T19:10:13+05:3022/08/2014|Categories: Economy|Tags: |36 Comments

[Economic Survey] Ch4: Measures of Money Supply, M0-M1-M2-M3-M4; Reserve-Narrow-Broad Money, Money multiplier & Velocity

Prologue Factors affecting money supply WHY should we measure money supply? M0: Reserve money M1: Narrow Money M2 M3 (Broad Money) M4 Liquidity and ranking Money multiplier Velocity of money circulation Factors affecting Velocity of money circulation Assertion reasoning [...]

By |2015-01-26T19:10:13+05:3022/08/2014|Categories: Economy|Tags: , |54 Comments
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