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Topics for Indian Economy 2024-25

Syllabus for Indian Economy

  • Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment

Ways and Means Advances (WMA)

Indian Economy Ways and Means Advances
  • The Reserve Bank of India (RBI) has increased the Ways and Means Advances (WMA) limits for State governments and Union territories by 28%.
  • Learn more with Practice

Producer Price Index

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  • The Department for Promotion of Industry and Internal Trade (DPIIT) is finalizing a new model of the Producer Price Index (PPI) to capture input prices in the economy better
  • Learn more with Practice

Stable Coins

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  • Recent volatility in the stablecoin market, such as the collapse of TerraUSD, has drawn attention to the challenges facing these digital assets.
  • Learn more with Practice

Inverse ETF

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  • The Securities and Exchange Board of India (SEBI) has proposed a new asset class specifically for high-risk investors.
  • This move is expected to provide access to advanced financial strategies, including:
    • Long-short equity funds
    • Inverse ETFs (Exchange-Traded Funds)
  • The proposal aims to expand investment opportunities and allow sophisticated investors to hedge risks more effectively.
  • Learn more with Practice

Global Capability Centres (GCCs)

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  • Global Capability Centres (GCCs) are offshore units of multinational companies (MNCs) that provide various services such as IT, engineering, research & development (R&D), and business process management (BPM).
  • They have become a vital part of India’s economy, contributing over 1% to the GDP and significantly enhancing service exports.
  • Learn more with Practice

Greenium

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  • India’s sovereign green bonds have not received significant green premiums (Greenium) from private investors, impacting the financing of green transition projects (Economic Survey 2023-24).
  • Despite India’s highly rated green bond framework, actual capital flow for the energy transition in emerging markets remains below potential.
  • The Economic Survey urges developed nations to provide more accessible and affordable financial resources, aligned with UNFCCC and Paris Agreement commitments.
  • Learn more with Practice

Liquidity Coverage Ratio (LCR)

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  • The Reserve Bank of India (RBI) has introduced draft guidelines requiring banks to hold more liquid assets to manage potential bank runs.
  • The move aims to enhance financial stability but may slow credit growth as banks shift towards safer investments like government securities.
  • The guideline includes digital deposit outflows in LCR calculations, addressing risks similar to the Silicon Valley Bank collapse.
  • Learn more with Practice