Category: Economics
As of April 2024, India's inflation rate is at **4.83%**, according to the Indian Ministry of Statistics and Programme Implementation. This is a slight drop from **5.69%** in December 2023. The Consum...
Category: Economics
A fake Indian currency note is basically a counterfeit or imitation currency produced without any legal sanction from the government. It mimics the appearance of the Indian legal tender, also known as...
Category: Economics
Dhanbad is a significant city situated in Jharkhand, a state in India. In terms of both its geographical area and its population size, Dhanbad ranks as second highest in Jharkhand, and 33rd in the ent...
Category: Economics
The Liquidity Adjustment Facility (LAF) is a tool used by the Reserve Bank of India (RBI) which helps banks manage their money needs. This tool allows banks to borrow funds quickly when they need extr...
Category: Economics
The GIFT International Financial Services Centre, commonly known as GIFT IFSC, is a modern financial hub located in the GIFT City area of Gujarat, India. Established in **April 2015**, this special ec...
Category: Economics
The Comprehensive Economic Partnership Agreement (CEPA) is a significant free trade agreement between India and South Korea. This agreement aims to enhance economic cooperation and trade between the t...
Category: Economics
Vellore, a city in Tamil Nadu, India, has a varied economy that includes several key industries. The main sectors contributing to its economic growth are: ### Key Industries #### 1. **Leather Proces...
Category: Economics
The standard of living in India significantly differs from one region to another. For instance, major cities like Mumbai, Delhi, and Bengaluru have top-notch healthcare facilities, luxury hotels, and ...
Category: Economics
The phrase "Temples of Modern India" was introduced by Jawaharlal Nehru, India's first Prime Minister. He used this term while laying the foundation for the Bhakra Nangal Dam. This phrase symbolizes t...
Category: Economics
The **India Trade Promotion Organisation** (ITPO) is an important government agency in India. It is located at **Pragati Maidan** and operates under the **Ministry of Commerce and Industry**. Its main...