GS Paper III

Gist of Editorials: Harmonising NBFCs | GS – III

Gist of Editorials: Harmonising NBFCs | GS – III

This is a welcome step. Of the more than 10,000 NBFCs operating in India, 95 per cent are non-deposit taking.

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Gist of Editorials: Safety Nets | GS – III

Gist of Editorials: Safety Nets | GS – III

The ordinance bars all deposit schemes in the country that are not officially registered with the government.

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Gist of Editorials:  Tightrope Walk | GS – III

Gist of Editorials: Tightrope Walk | GS – III

Tightrope walking, also called funambulism, is the skill of walking along a thin wire or rope

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Editorial Simplified: Safety Nets| GS – III

Editorial Simplified: Safety Nets| GS – III

Relevance: GS Paper III (Economy) Theme of the article New rules on unregulated deposit schemes need to be backed up with proper checks. Why has this issue cropped up? President  promulgated the Banning of Unregulated Deposit Schemes Ordinance. What does the ordinance aim at? The ordinance bars all deposit schemes in the country that are notContinue reading →

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Editorial Simplified: Harmonising NBFCs| GS – III

Editorial Simplified: Harmonising NBFCs| GS – III

Relevance: GS Paper III (Economy) Why has this issue cropped up? The RBI recently spoke about working towards harmonisation of the various categories of NBFCs involved in credit intermediation. This is a welcome step. Categories of NBFCs in India Of the more than 10,000 NBFCs operating in India, 95 per cent are non-deposit taking. The othersContinue reading →

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Editorial Simplified: To Create Jobs| GS – III

Editorial Simplified: To Create Jobs| GS – III

The same potential for growth and job creation exists among the small-scale sector.

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Editorial Simplified: Interim Solution | GS – III

Editorial Simplified: Interim Solution | GS – III

As the experience of the 2008 financial crisis and subsequent events show, there has been a dramatic change in the risk environment under which central banks operate.

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