Indian Economy
UPSC Static Quiz – Economy : 7 May 2026 We will post 5 questions daily on static topics mentioned in the UPSC civil services preliminary examination syllabus. Each week will focus on a specific topic from the syllabus, such as History of India and Indian National Movement, Indian and World Geography, and more. We …
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UPSC Static Quiz – Economy : 29 April 2026 We will post 5 questions daily on static topics mentioned in the UPSC civil services preliminary examination syllabus. Each week will focus on a specific topic from the syllabus, such as History of India and Indian National Movement, Indian and World Geography, and more. We …
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Source: TH Subject: Economy Context: The Reserve Bank of India (RBI) has officially cancelled the banking licence of Paytm Payments Bank Limited, under the Banking Regulation Act, 1949, due to persistent non-compliance with licensing conditions About Banking Regulation Act, 1949: What it is? The Banking Regulation Act, 1949, is a landmark legislation in India …
UPSC Static Quiz – Economy : 22 April 2026 We will post 5 questions daily on static topics mentioned in the UPSC civil services preliminary examination syllabus. Each week will focus on a specific topic from the syllabus, such as History of India and Indian National Movement, Indian and World Geography, and more. We …
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Source: BL Subject: Economy Context: The Union Cabinet has approved the creation of the Bharat Maritime Insurance Pool (BMI pool), backed by a ₹12,980 crore sovereign guarantee, to ensure uninterrupted insurance for Indian vessels. About Bharat Maritime Insurance Pool (BMI Pool): What it is? The BMI Pool is a domestic, state-backed insurance mechanism designed to …
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Source: IE Subject: Economy Context: The 55th anniversary of bank nationalisation in India remains a subject of intense economic debate, as the move continues to be regarded as one of the most transformative decisions since 1947. About The Nationalisation of Banks in India: What it is? Bank nationalisation refers to the historic process of bringing …
Source: BL Subject: Economy Context: Oil marketing company stocks such as IOC, BPCL, HPCL and Reliance came under pressure after the Centre sharply increased the windfall tax on diesel and ATF exports amid crude prices crossing $100 per barrel due to West Asia tensions. About Windfall Tax: What it is? A windfall tax is a …
Source: PIB Subject: Economy Context: The Government has officially notified the Startup India Fund of Funds 2.0 (FoF 2.0) with a ₹10,000 crore corpus to mobilize venture and growth capital for the domestic startup ecosystem. About Startup India Fund of Funds 2.0 (FoF 2.0): What it is? Startup India FoF 2.0 is a government-backed investment …
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Source: TOI Subject: Economy Context: State-owned Khanij Bidesh India Limited (KABIL) has received environmental clearance from the Argentine government to begin deep exploration of five brine lithium blocks in Catamarca province. About Khanij Bidesh India Limited (KABIL): What it is? KABIL is a Joint Venture Company (JVC) formed by three Indian Government Enterprises: National Aluminium …
UPSC Static Quiz – Economy : 8 April 2026 We will post 5 questions daily on static topics mentioned in the UPSC civil services preliminary examination syllabus. Each week will focus on a specific topic from the syllabus, such as History of India and Indian National Movement, Indian and World Geography, and more. We …
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Source: DD News Subject: Economy Context: the National Statistical Office (NSO) launched the first-ever Annual Survey of Incorporated Services Sector Enterprises (ASISSE) for the reference period 2024-25. About First-ever Annual Survey of Incorporated Services Sector Enterprises (ASISSE): What It Is? ASISSE is a newly established annual statistical exercise designed to collect data from the incorporated …
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Source: IE Subject: Economy Context: The ongoing conflict between the US-Israel and Iran in April 2026 has triggered a pernicious energy supply and price shock, leading to fears of a return to 1970s-style stagflation. About Stagflation: What It Is? Stagflation is a rare and challenging economic condition characterized by the simultaneous occurrence of stagnant economic …
UPSC Static Quiz – Economy : 31 March 2026 We will post 5 questions daily on static topics mentioned in the UPSC civil services preliminary examination syllabus. Each week will focus on a specific topic from the syllabus, such as History of India and Indian National Movement, Indian and World Geography, and more. We …
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UPSC Static Quiz –Economy : 30 March 2026 We will post 5 questions daily on static topics mentioned in the UPSC civil services preliminary examination syllabus. Each week will focus on a specific topic from the syllabus, such as History of India and Indian National Movement, Indian and World Geography, and more. We are …
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Source: News on Air Subject: Economy Context: The Reserve Bank of India (RBI) has released its ‘Payments Vision 2028’ document, titled Shaping India’s Payment Frontier. This strategic roadmap succeeds the 4Es (Everyone, Everywhere, Every time) vision of 2025, shifting the focus toward deepening consumer trust. About RBI Payments Vision 2028: What it is? It is …
Source: BS Subject: Economy Context: The Indian government has reduced excise duty on petrol and diesel by ₹10 per litre to shield consumers and Oil Marketing Companies (OMCs) from rising global crude prices. About The Fuel Excise Duty Cut: What it is? An excise duty is an indirect tax levied by the Central Government on …
