![Mrunal’s [Win21CSP] Economy Pillars for UPSC CSE Prelims & Mains - Free Classes](https://mrunal.org/wp-content/uploads/2021/03/mru-horizontal.png)
Why BASEL norms? How can a bank acquire new capital for BASEL-III INDRADHANUSH why Rs. 2.11 Lakh crore Recapitalization plan? Bank recapitalization Bonds (Rs.1.35 lakh cr.) Criticism of Rs.2.11 lakh package Hidden objective of Demonetization Financial repression (वित्तीय दमन) Moral Hazard (नैतिक खतरा) What if banks refuse to comply with BASEL-III norms? What is RBI’s Prompt Corrective Action framework (PCA)? … Read More
Read More...[BES181/4] Contemporary Loan Issues: FRDI Bill & Bail-In, LoU/SWIFT, PCR/LEI, NPA/TBS, SARFAESI/I&B Code
Total NPA among the scheduled commercial banks (SCB) is Rs. 8.40 lakh crores, majority of this is concentrated in the public sector banks (PSBs), as of 31/12/2018. Following measures are taken by RBI and Government of India to address this challenge: Read More...
[BES181/3] Gist of RBI’s Monetary Policy Developments: 2017-April to 2018-April, LCR-HQLA, UDF/SDF
This article provides brief understanding of RBI's quantitative monetary policy tools, bi-monthly monetary policies of last one year; provisions related to UDF, LCR-HQLA etc. for competitive exams Read More...
[BES181/2] Money: RBI’s Digital Fiat currency, UPI 2.0, MDR Subsidisation & Blockchain Technology
Central Bank of England, Sweden, Uruguay already exploring/testing digital fiat currency. RBI also formed a group to check desirability and feasibility to introduce a central bank digital currency in India. Read More...
[BES181/1] Money: Cryptocurrencies not legal tenders in India; What is Marshall Island-SOV, Venezuela-Petro?
Budget 2018 says "Cryptocurrencies are not legal tenders in India." So, what are these cryptocurrencies, why are they bad for environment and economy? Then why did Marshall Island and Venezuela issued such cryptocurrencies? What is Bitcoin? What is Laxmicoin? Read More...
[BES180/2] EcoSurvey Vol1: Ch2 to 9 Overview, Vol2: Ch1 to 10 Overview; & their relevance for UPSC exam?
In Economic Survey Vol2, individual chapters contain statistical information about various sectors. As such for UPSC, the statistical figures themselves are not important but rather the trends and interpretations of those figures are important. Read More...
[BES180/1] Economic Survey: Meaning, Structure, Preface, LISTICLES upto Volume1 Chapter1 & MCQs
Economic Survey of India is an annual document, prepared by the Only Chief Economic Advisor (CEA) and tabled in the parliament ahead of budget presentation. It describes the events of past, and (2) provides predictions for future financial year. Read More...
[Summary] Budget & Economic Survey 2018 Gist for the UPSC IAS/IPS Interviews
I've quickly assembled a summary of budget and economic survey for UPSC IAS/IPS Interview aspirants. I'll begin my BES18 lecture series in a systematic manner later on. Read More...