In ‘Issues in News’, we cover those issues, which are making headlines as of now, and consequently there is a possibility of these issues finding their way to the question papers, whether ‘Prelims’ or of ‘Mains’. The Objective here is to expose an aspirant to 15/20 different issues every month, so that by the end of the year, the aspirant covers nearly 200 (odd) issues, which can be raised in the form of questions.
The COVID-19 pandemic has caused far reaching impacts on world economy. These impacts were largely due to the panic that ensued amongst the general populace regarding the nature and spread of the pandemic and due [Read More]
Introduction: The post pandemic world is at risk of slipping down quite a few steps down the progress ladder of poverty eradication, which means, due to the Covid-19 pandemic the world poverty rate can increase [Read More]
The inevitable has transpired. The contraction in the gross domestic product (GDP) of India was anticipated. It was expected that there will be a big fall in the Indian economy in tune with the rest [Read More]
Gig economy refers to the market comprising of temporary, flexible jobs for individuals, freelancers etc. In the gig economy the organisations enter into a temporary contract for a short period of time with independent contracts. [Read More]
A few weeks ago, the Goods and Service Tax (GST) compensation dues to states for 2019-20 was released by the Central government. Due to economic slowdown, the compensation amount was more than the double of [Read More]
The COVID-19 pandemic has incapacitated the entire world. The outbreak has created panic to such an extent that economic activities have almost come to a standstill. Different restrictions put in place in order to curb [Read More]
Public Private Partnership or PPP refers to a contract or agreement between the government and private company which is usually for a long period of time. PPP generally includes financing, designing, implementing and operating services [Read More]
The Ease of Doing Business report is released by World Bank’s private arm International Finance Corporation. According to the World Bank, the Ease of Doing Business rankings have influenced nations to carry out changes in their regulatory framework. [Read More]
In the present era of globalisation and open international trade, a nation is dependent on other nations for exchange of goods and raw materials. Indian economy adopted the LPG reforms during 1991 which led to [Read More]
The major roles of RBI include management of monetary policy, inflation targeting and supervising all other banks. The scope of work of RBI is such that it has certain level of effect on the fiscal and other policies of the government. [Read More]
The oil market has been witnessing a slump in demand due to global economic slowdown and the situation has been aggravated by the ongoing global pandemic. A reduction in demand and increasing supply has resulted in unprecedented reduction of oil prices at global level. [Read More]
Cryptocurrency is a form of virtual currency that uses digital mode for transactions. Bit coin a popular crypto currency was introduced in 2008 by Satoshi Nakamato. Crypto currencies have taken over number of economies across the world… [Read More]
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Direct tax is one of the sources by which government earns revenue. Direct tax includes Income tax, wealth tax etc. Income tax included taxes paid by individuals as well as organisations and is governed by the Income tax act, 1961.
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Shared economy is a means of sharing assets between individuals or entities that helps in better resource utilization and prevents underutilization of resources. Shared economy has been known since a long time but with the advancement in technology…
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