ECONOMY by VIVEK SINGH

2021-03-04 10:44:53 UPSC (CSE) Notification for Prelims 2021 Exam Open / Comment

2021-03-04 08:56:07 Nothing relevant in today's newspaper for Economy. Open / Comment

2021-03-03 17:16:10

Open / Comment

2021-03-03 08:36:15 Just for Information: Central Government has accepted the recommendations of the 15th Finance Commission (FC) regarding the tax devolution of 41% (of Divisible pool of taxes) to the States but is yet to accept the recommendations regarding the Grants-in-aid which is offered in addition to the 41%. The 15th FC has increased the Grants-in-aid to the States for the cycle 2021-26 because the Cess and Surcharge has increased to 19.9% in 2020-21 from 10.4% in 2011-12 in the Gross tax revenue of the Centre and it does not form part of the divisible pool (41%). Open / Comment

2021-03-02 07:50:48 There is a news today in Hindu and Express both regarding Govt. receiving Rs. 77,000 crore through Spectrum Auction. No need to read that news rather solve the below MCQ.

Q. Which of the following are Non-Tax Revenue Receipts of Govt. of India?

(i) Spectrum Auction
(ii) Royalty on off-shore crude oil and gas production
(iii) Examination Fee of Union Public Service Commission Open / Comment

2021-03-01 08:14:17 Nothing relevant fore Economy in HINDU/EXPRESS/PIB Open / Comment

2021-02-28 19:06:39 The answer to the above question is (b). There is a lot of confusion regarding bond yields, so will explain this question in my live session on 3rd March @5 PM on Youtube. Open / Comment

2021-02-28 08:19:32 Nothing relevant today for Economy in the newspapers.

Let us answer a question:

Consider the following statements regarding the recent surge in bond yields in the domestic economy.
(i) Bondholders will gain
(ii) It will attract FPI debt investors
(iii) It will positively impact Government's disinvestment plan Open / Comment