What is cashless economy or virtual economy? It can defined a situation in which flow of cash within economy is non-existent and transactions are done through electronic channels like debit card, credit card, electronic clearing, payments such as Immediate Payment Service (IMPS), National Electronic Funds Transfer and Real Time Gross Settlement in India. Cashless
Complete Reading

With Reserve Bank of India (RBI) Governor Raghuram Rajan deciding not to seek a second term, the government is in the process of finalising Mr Rajan’s successor, and an announcement is expected shortly.While the names of several economists and bureaucrats are doing roundsone thing certain is that the new governor will face number of challenges
Complete Reading

Economic Development 56 Model Question’s and Answer’s for Main’s 2016-17 Q.1 What are the major objectives of PRADHAN MANTRI KRISHI SINCHAYEE YOJNA (PMKSY). Discuss the need of promoting organic farming with reference to PMKSY. Ans:- The major objective of the PMKSY is to achieve convergence of investments in irrigation at the field level, expand cultivable area
Complete Reading

1) The retail sector in the nation of 1.2 billion people is estimated to have annual sales of $450 billion, with nearly 90% of the market controlled by tiny family-run shops. 2) Organised retail, or large chains, makes up about 10% of the market, but is expanding at 20% a year. This is driven by
Complete Reading

Create Account



Log In Your Account