Hybrid Classes
We provide offline, online and recorded lectures in the same amount.
Personalised Mentoring
Every aspirant is unique and the mentoring is customised according to the strengths and weaknesses of the aspirant
Topicwise Mindmaps
In every Lecture. Director Sir will provide conceptual understanding with around 800 Mindmaps.
Quality Content
We provide you the best and Comprehensive content which comes directly or indirectly in UPSC Exam.
G-SAP 1.0 RBI in its April 2021 monetary policy continues with the accommodative stance as long as necessary to sustain growth on a durable basis and continue to mitigate the impact of COVID-19. The marginal standing facility (MSF) rate and the bank rate remain unchanged at 4.25% and the reverse repo rate stands unchanged at 3.35%. The rates were left unchanged to boost Public investment in key infrastructure sectors, which is a force multiplier with a historically proven ability to revive the broader economy by directly enhancing capital stock and productivity, and by attracting private investment Reserve Bank is optimistic…
12 April, 2021
Money Market
Electoral Bond Scheme - UPSC Analysis Analysis of Electoral Bond Scheme A recent order by the Central Information Commission (CIC) has again revealed the inherent problems surrounding the Electoral Bond Scheme (scheme) of 2018. This order passed in an appeal against the State Bank of India (SBI) has effectively shut the door to seek any details about donors and donees relating to electoral bonds under the Right to Information (RTI) Act. With no other recourse available, the Supreme Court is the only surviving arbiter in adjudicating the vires of electoral bonds. An illegal scheme The scheme creates banking instruments for…
30 December, 2020
Money Market
Sovereign gold bond (SGB)-FAQ What is a sovereign gold bond (SGB)? A sovereign gold bond is a substitute for holding physical gold. The bonds are issued by the Reserve Bank of India (RBI) on behalf of the government and are bonds denominated in gold. The government issues such bonds in tranches at a fixed price that investors can buy through banks, post offices and also in the secondary markets through the stock exchange platform. What are the benefits of buying SGB? These bonds are backed by a sovereign guarantee and can also be held in Demat form. Further, they are…
18 May, 2020
Money Market
A decent exchange-Barter System in Fiji Introduction Karl Marx thought, about a century-and-a-half ago, that society moved from primitive communism, through various forms and structures of inequality, to communism proper. Economic systems moved forward, resolving their contradictions and creating new ones. Turns out he was, at best, only half right. Back to the earlier Economic system amidst COVID-19 Mediums of exchange with fictional value — money, in all its forms and abstractions — are premised on a leap of faith. People accept the “promise to pay the bearer” from a distant authority, and lives, communities, economies and civilisations are built…
09 May, 2020
Money Market
CCEA okays launch of India’s first debt exchange-traded fund Syllabus subtopic: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment. News: The Cabinet Committee on Economic Affairs approved the launch of India’s first fixed income Exchange Traded Fund (ETF) comprising AAA-rated debt securities of state-owned companies. Prelims and Mains focus: About ETFs and their advantages, key differences between ETFs and mutual funds About the ETF launched Called Bharat Bond ETF, the fund will comprise a basket of bonds of companies including NHAI, NABARD, PFC and IRFC among others. The fund targets to raise…
05 December, 2019
Money Market
Inclusive growth and issues arising from it. Syllabus subtopic: Inclusive growth and issues arising from it. News: The Union Cabinet has approved the creation of an Alternative Investment Fund (AIF) of Rs. 25,000 crores to provide last-mile funding for stalled affordable and middle-income housing projects across the country. Prelims focus: About the newly announced fund, AIF- key features. Mains focus: Significance and the need for AIFs. Key features: The fund size will initially be Rs. 25,000 crores with the government providing Rs. 10,000 crores and the State Bank of India and the Life Insurance Corporation providing the balance The funds will be…
07 November, 2019
Money Market
Call money rates should be close to the policy rate, says the liquidity panel. GS-III: Call money rates should be close to the policy rate, says the liquidity panel. News An internal working group formed by the RBI to review the current liquidity management framework has suggested that the framework should be guided by the objective of maintaining the target rate. What is Call Money? The call money market is an essential part of the Indian Money Market, where the day-to-day surplus funds (mostly from banks) are traded. The money market is a market for short-term financial assets that are…
27 September, 2019
Money Market
Rupee Matters CONTEXT Over the past few years, there has been a concern over the sharp rise in offshore rupee trading volumes. Facts Data from the Bank of International Settlements pegs daily offshore rupee trading at around $16 billion in 2016, almost equal to onshore trading. Recent data from the Bank of England pegs offshore rupee trades at $23 billion in 2018. Challenges Which forces determine the rupee’s value? What is the ability of the central bank to ensure “currency stability”? Offshore markets allow participants to trade in non-convertible currency. These markets have evolved for currencies where restrictions are imposed…
12 August, 2019
Money Market
Copyright 2023 CLT TECHNOLOGIES AND EDU-PUBLISHERS PRIVATE LIMITED. All rights reserved.
24 × 7 Support : 8287714422
Whatsapp : 8010068998
Email Us: query@aspireias.com
