UPSC Notes

Demonetization is a government-led action that strips a currency unit of its status as legal tender. One of the significant instances of demonetization

Monetary aggregates, often referred to as money supply measures, encapsulate the various forms of money within an economy

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.

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

History in UPSC is conceptual. While it might seem we need a lot of mugging up of facts in History for the exam, it is not the case. Read more in our blog!