What is Disinvestment? Divestment or disinvestment means selling a stake in a company, subsidiary or other investments. Governments resort to divestment generally to reduce financial burden due to inefficient public sector undertakings (PSU’s) and to improve public finances. It introduces …
How does India compare in the quantity and quality of its COVID-19 response to other developing countries? Before the announcement of the Atma Nirbhar Bharat package, India lagged significantly behind comparable developing countries that are similar in GDP per capita, …
What are currency swap arrangements? In the swap arrangement, a country provides dollars to a foreign central bank, which, at the same time, provides the equivalent funds in its currency to the former, based on the market exchange rate at …
What is NPA? A non performing asset (NPA) is a loan or advance for which the principal or interest payment remained overdue for a period of 90 days. Banks classify NPAs further into Substandard, Doubtful and Loss assets. Substandard assets: …
What’s in the news? In a move that will mainly affect entities from China, the government has amended the General Financial Rules, 2017, imposing restrictions on public procurement from bidders of countries that share a land border with India, citing …
What are they? Economic integration takes the form of the Preferential Trade Area, Free Trade Area, Customs Union, Common Market and Economic Union. A preferential trade area (PTA) is a trading bloc that gives preferential access to certain products from …
About NFRA National Financial Reporting Authority (NFRA) was constituted in 2018 under the Companies Act, 2013. NFRA is an independent regulator overseeing the auditing profession and is a part of the Ministry of Corporate Affairs (MCA). It has taken over …
What are P-Notes? P-Notes or Participatory Notes are Instruments issued by a registered foreign institutional investor to an overseas investor who wishes to invest in Indian stock markets without registering themselves with the market regulator, the Securities and Exchange Board …
What is it? Inverted duty structure is a situation where import duty on finished goods is low compared to the import duty on raw materials that are used in the production of such finished goods. For example, suppose the tariff …
About CPI It is an index which measures the weighted average of prices of a basket of consumer goods and services such as transportation, food and medical care. It is calculated by measuring price changes for each item in the …