Tag: economy
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Opening Up of the Indian Economy
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1991 LPG Reforms: Opening Up of the Indian Economy | CrackTarget – UPSC Notes CT CrackTarget .com UPSC • RBI • BPSC • EPFO Print Save Progress ECONOMICS • UPSC GS-III FREE • INTERACTIVE 1991 LPG Reforms: Opening Up of the Indian Economy Balance of Payments Crisis • Exchange Rates • RBI Forex Management •…
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Inflation: Comprehensive Study Material
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Inflation Introduction to Inflation Inflation refers to a sustained increase in the general price level of goods and services in an economy over time, which erodes the purchasing power of money. It is typically measured as an annual percentage increase using indices like the Consumer Price Index (CPI). Moderate inflation (around 2-3%) is often seen…
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Monetary Policy: Comprehensive Study Material
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Fiscal and Monetary Policy | Complete Notes, Comparison Table & MCQs for UPSC, RBI Grade B, EPFO CrackTarget UPSC • RBI • EPFO • NABARD Updated: June 2026 Refresh INDIAN ECONOMY • ECONOMIC POLICY 45–50 min read Fiscal & Monetary Policy Fiscal and monetary policy are the two most powerful levers that shape India’s growth,…
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Detailed Study Materials: Poverty Alleviation and Employment for UPSC EPFO Exam
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1. Types of Poverty Conceptual Framework Poverty refers to the inability to meet basic needs — food, shelter, clothing, healthcare, and education — due to insufficient resources. It is multidimensional, encompassing social exclusion, lack of opportunities, and deprivation of dignity. Poverty alleviation policies aim to break the cycle of deprivation, often linked with employment generation,…
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UPSC EPFO Style Objective Review Questions: Measurement of Growth
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Measurement of Growth in Economics Measurement of growth refers to the ways economists quantify the expansion of an economy’s productive capacity and output over time. Key concepts include the circular flow of income, Gross Domestic Product (GDP), macroeconomic identities, distinctions between growth, welfare, and development, and market structures that influence economic behavior. These elements help…
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Study Materials: Elasticity of Demand
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1. Concept of Elasticity of Demand Overview Elasticity of demand is a measure of how sensitive the quantity demanded of a good or service is to a change in one of its determinants, such as price, income, or the price of related goods. It quantifies the percentage change in quantity demanded relative to a percentage…
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Study Materials: Introduction to Demand and Supply
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1. Microeconomics vs. Macroeconomics Overview Economics is broadly divided into two main branches: microeconomics and macroeconomics. These branches help us analyze economic phenomena at different scales. Demand and supply are core concepts primarily studied in microeconomics, but they have implications for macroeconomic issues like inflation and unemployment. Key Differences Use the table below to compare…
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Study Material on Union Budget 2025-26 of India
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Official Budget Document Published by Govt of India The Union Budget 2025-26, presented by Finance Minister Nirmala Sitharaman on February 1, 2025, serves as the annual financial statement of the Government of India, outlining estimated receipts and expenditures for the fiscal year April 1, 2025, to March 31, 2026. This budget emphasizes inclusive development under…
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LRR, CRR, SLR, CDR
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LRR CRR SLR CDR Explained for UPSC BPSC RBI NABARD CT CrackTarget Home UPSC BPSC RBI & Economy All Notes Start Free Trial Home UPSC BPSC RBI & Economy Updated June 2026 • Trusted by 50,000+ aspirants LRR CRR SLR CDR Explained for UPSC BPSC RBI NABARD Aspirants Complete, exam-focused guide with current RBI rates,…
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