Day 71

4. What are Sovereign Gold Bonds? What are the advantages of holding Sovereign Gold bonds in comparison with holding physical gold? How is it beneficial for the economy? Introduction: SGBs are government securities denominated in grams of gold. They are substitutes for holding physical gold. Investors have to pay the . . . Read more

3. This year’s Nobel price has been given for Endogenous Growth theory. Explain Endogenous Growth Theory with the help of examples from India. Introduction: The endogenous growth theory is an economic theory which argues that economic growth is generated from within a system as a direct result of internal processes. The theory . . . Read more

2. The World Economic Forum has announced a new center for the fourth Industrial Revolution in India. What is 4th Industrial revolution? What impact can it have on Indian economy? Introduction The WEF is setting up a Centre for the Fourth Industrial Revolution in Maharashtra. The other centres are in . . . Read more

1. RBI has put in place a strong Prompt Corrective Action (PCA) Framework. What is PCA and why is it required in India? Introduction India has been ranked 5th on a list of countries with highest Non-performing Assets (NPA) levels and is on top spot among the BRICS nations, according . . . Read more