The capitalist economic model relies on free market conditions for the creation of wealth. The production of goods and services is based on supply and demand in the general market. This economic structure is referred to as a market economy. …
About TRIPS The Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) is an international legal agreement between all the member nations of the World Trade Organization (WTO). The Agreement, which came into effect on 1 January 1995, is a …
How to structure: Start with what the National Monetisation Pipeline is about Write the objectives Give the uses of it and challenges it may face Against the challenges, try to think of measures Conclude
Why in the news? Recently, Prime Minister Narendra Modi launched an electronic voucher based digital payment system “e-RUPI”. The platform, which has been developed by the National Payments Corporation of India (NPCI), Department of Financial Services, Ministry of Health and …