Posted inEconomy Notes
Public Debt – UPSC Economy Notes
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
Posted inUPSC Prelims
UPSC Prelims 2017 – Question 61
Q61. With reference to ‘National Skills Qualification Framework (NSQF)’, which of the statements given below is/are correct?
Posted inEconomy Notes
Domestic Savings in India and Trends – UPSC Economy Notes
Domestic savings in India play a pivotal role in shaping the nation's economic landscape, serving as a cornerstone for investment, growth, and development.
Posted inEconomy Notes
Plan and Non-plan Expenditure Classification – UPSC Economy Notes
Plan and non-plan expenditure classification is a fundamental framework employed by governments to allocate and manage financial resources effectively.
Posted inEconomy Notes
Zero Base Budgeting (ZBB) – UPSC Economy Notes
Zero Base Budgeting (ZBB) emerged as a methodology to address these challenges. First introduced in the Union Budget in 1987
Posted inEconomy Notes
Off-Budget Financing – UPSC Economy Notes
Off-budget financing refers to financial activities undertaken by governments or organizations that are not included in the main budgetary process
Posted inEconomy Notes
Fiscal Consolidation – UPSC Economy Notes
Fiscal consolidation entails strengthening government finances, aiming to reduce annual borrowings and historical cumulative public debt.
Posted inEconomy Notes
Fiscal Responsibility and Budget Management (FRBM) Act – UPSC Economy Notes
The Fiscal Responsibility and Budget Management (FRBM) Act stands as a cornerstone of fiscal policy in many countries, aimed at ensuring prudent financial management
Posted inUPSC Prelims
UPSC Prelims 2017 – Question 60
Q60.With reference to the role of UN-Habitat in the United Nations program working towards a better urban future, which of the statements is/are correct?
Posted inEconomy Notes
Fiscal Stimulus – UPSC Economy Notes
During periods of economic downturn or crisis, fiscal stimulus becomes a crucial tool for governments to boost economic activity.
