Economy Notes UPSC

2023-05-17 07:09:36 This access  will be provided to the first 100 Subscribers!

Strictly on a first come first served basis

https://t.me/+Dq8hczQ9d7k5MjM1
https://t.me/+Dq8hczQ9d7k5MjM1 Ouvert / Commentaire

2023-04-26 05:51:53 Ouvert / Commentaire

2023-04-19 04:04:37 Hello Dear Aspirants! you often find questions on key economic terms in UPSC CSE Prelims .

As Prelims is approaching let's revise a few important key economic terms. Ouvert / Commentaire

2023-04-19 04:02:00 ARTI MISHRA HISTORY CONTENT = CLICK HERE

OPTIONAL PSIR = CLICK HERE

DRISHTI IAS MINDMAPS = CLICK HERE

CSAT PDF + VIDEOS = CLICK HERE Ouvert / Commentaire

2023-02-28 18:36:22 Ouvert / Commentaire

2023-02-28 09:23:01 ZCZP ( zero coupon zero principle)

These are financial instruments that any non-profit organisation can use to raise funds.

The borrowing entity does not have to pay interest—therefore zero coupon—and it does not have to pay the principal (zero principal) either.

BSE had already got approval for the SSE as a separate segment (in 2022)

The idea of SSE was first floated by Finance Minister Nirmala Sitharaman in her 2019-20 Budget speech. Ouvert / Commentaire

2023-02-27 09:22:01 Social Stock Exchange
 
The National Stock Exchange of India has received final approval from SEBI to launch a  social stock exchange as a separate segment of the NSE.

Aim: To provide new avenues for social enterprises to finance social initiatives, provide them visibility, and bring in increased transparency in fund mobilisation and utilisation.

Eligibility: Any social enterprise, Non-Profit Organization (NPOs), or For-Profit Social Enterprise (FPE) that establishes its primacy of social intent can get registered/listed on the SSE segment.

Function:

The SSE will allow social enterprises to raise capital as equity, debt, or as units like a mutual fund.

The minimum issue size is set at INR 1 crore, and the minimum application size for subscription is INR 2 lakhs for Zero Coupon Zero Principal (ZCZP) issuance. Ouvert / Commentaire

2023-02-26 09:21:01 Perpetual Funds

Unlike traditional funds which have a finite tenure, perpetual funds don’t have a maturity date. These funds are aimed at long-term investors such as pension funds and insurance firms which do not want the return of capital but regular income.
 
PCVs can be of various types, including limited partnerships traded publicly on an exchange, real estate investment trusts, closed-ended funds, interval funds and variable funds such as annuities and life insurance. Ouvert / Commentaire

2023-02-25 09:19:43 Virtual Trade corridor

A virtual trade corridor is an online platform that enables faster and more efficient customs clearance for international trade between two countries.
 
Significance:

It will complement the bilateral comprehensive free trade agreement signed between India and the UAE in 2022

The agreement immediately eliminated duties for 90% of India’s exports in value terms covering sectors like gems and jewellery, textiles, leather, and engineering goods.

The two countries estimate non-oil trade to reach $100 billion over the five-year period after the implementation of the free trade agreement

It will cut the cost and time for customs clearance and speed up bilateral trade. Ouvert / Commentaire

2023-02-23 15:37:06 Only IAS Pre cum Mains Notes in English Ouvert / Commentaire