Monetary policy is a set of strategies and actions implemented by a country’s central bank to influence the supply of money and interest rates with the aim of achieving specific economic goals.
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Economy Notes
The debt-GDP ratio is a crucial metric that reflects the relationship between a country’s public debt and its Gross Domestic Product (GDP).
External and internal debt management are critical components of a nation’s economic strategy, influencing its fiscal stability, growth prospects, and overall financial health.
Sovereign bonds, also known as government bonds, are debt securities issued by a national government to raise capital.
Rupee debt, also known as domestic debt, refers to the borrowing of funds denominated in the local currency of a country. In the context of India
External debt refers to the financial obligations that a country owes to foreign creditors, encompassing loans, bonds, and other forms of borrowing from entities outside its borders
Public debt, often referred to as government debt, is a financial obligation incurred by a government when it borrows funds to finance its expenditures or investments
Domestic savings in India play a pivotal role in shaping the nation’s economic landscape, serving as a cornerstone for investment, growth, and development.
Plan and non-plan expenditure classification is a fundamental framework employed by governments to allocate and manage financial resources effectively.
Zero Base Budgeting (ZBB) emerged as a methodology to address these challenges. First introduced in the Union Budget in 1987