The Capital Adequacy Ratio (CAR) is a vital metric used to gauge banks’ resilience in absorbing losses and their capacity…

Vaigai River ▪️ South of Cauvery Delta, there are several streams of which Vaigai is important. ▪️ Vaigai basin is…

The Barak River, known as the Surma River in Bengali, is a significant waterway in Northeast India and Bangladesh. It…

Veer Surendra Sai Veer Surendra Sai (1809–1884) was an illustrious freedom fighter from Odisha, India. Born into Sambalpur’s royal family,…

The Indian Bureau of Mines (IBM) is a versatile government entity operating within the Department of Mines. Established in March…

Purchasing Power Parity (PPP) serves as a method to gauge the relative purchasing power of various currencies. It involves comparing…

Tobin tax is basically a tax that is levied on the short term currency transactions in order to discourage the…

The Laffer Curve is a theory to show the relationship between tax rates and the amount of tax revenue collected…

A liquidity trap is when expansionary monetary policy (increase in money supply) does not increase the interest rate or income…

Lorenz curve A Lorenz curve is a graphical representation of income inequality or wealth inequality Brief Explanation Imagine the Lorenz…