Economics is all about making smart choices to cope up with scarcity. The most fundamental  measurement used to evaluate the success in allocating the scarce resources is economic growth. Individuals…

Economics is about making choices in the presence of scarcity What is Economics? and Why do we need to study Economics? “I want to become an IAS officer”, “I need…

1. Consider the following airports: Donyi Polo Airport Kushinagar International Airport Vijayawada International Airport In the recent past, which of the above have been constructed as Greenfield projects? (a) 1…

1. With reference to the ‘Pradhan Mantri Surakshit Matritva Abhiyan’, consider the following statements This scheme guarantees a minimum package of antenatal care services to women in their second and…

1. With reference to the Digital India Land Records Modernisation Programme, consider the following statements:  To implement the scheme, the Central Government provides 100% funding. Under the Scheme, Cadastral Maps…

Consider the following statements: 1. India is a member of the International Grains Council. 2. A country needs to be a member of the International Grains Council for exporting or…

1. Consider the following statements: 1. Tight monetary policy of US Federal Reserve could lead to capital flight. 2. Capital flight may increase the interest cost of firms with existing…

1. Which one of the following effects of creation of black money in India has been the main cause of worry to the Government of India? (a) Diversion of resources…

1. Consider the following statements: Statement-I: If the United States of America (USA) were to default on its debt, holders of US Treasury Bonds will not be able to exercise their…