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Page-3 of Indian Economy

Hallikar Cattle

Hallikar cattle are a distinctive breed of cattle primarily found in the Hallikar Belt of the southern Karnataka. These cattle derive their name from the community known as...

November 16, 2021

Adjusted Gross Revenue

Adjusted Gross Revenue (AGR) is a fee sharing mechanism. Under this, the telcos pay a usage fee to the Government. AGR Under AGR system, the revenue is shared...

October 27, 2021

GalSafe Pigs

The domestic pigs that lack a sugar molecule called alpha-gal are called Galsafe pigs. This particular sugar molecule is found in tissues of cows, pigs and sheep. If...

October 23, 2021

Mastitis

The Mastitis is a common disease that affects the milk quality in cattle. It leads to inflammation of mammary gland. About Mastitis It is caused due to microorganism...

October 21, 2021

Debt Ceiling

The maximum amount of money that the United States can borrow by issuing bonds is known as Debt Ceiling. Under the Second Freedom Bond Act of 1917 and...

October 15, 2021

Bad Bank

If a bank’s borrowers repeatedly default, the loans are classified as bad debts. And if these bad debts exceed manageable levels, an independent bank may need to be...

October 12, 2021

PFRDA

The Pension Fund Regulatory and Development Authority or PFRDA is a statutory body under the aegis of the Union Ministry of Finance. It is responsible for overseeing and...

May 31, 2021

IGX

The Indian Gas Exchange or IGX is India’s first automated national-level Gas Exchange. It is a digital trading platform that enables trading in spot market and forward market...

March 26, 2021

AT1 bonds

AT1 bonds or additional tier 1 bonds are unsecured bonds which have no maturity rate i.e. they have a perpetual tenure. These bonds are issued by banks to...

March 13, 2021

GIFT City

The Gujarat International Finance Tec-City (GIFT City) is India’s first operational smart city and international financial services hub, developed to position India as a leading centre for global...

March 12, 2021

Outcome budget

Outcome budget is a tool to link budgeting with outcomes. It was first introduced in 2005 and involves the performance assessment of each department and the development outcomes...

March 8, 2021

Immediate Payment Service (IMPS)

Immediate Payment Service (IMPS) is a 24×7 instant electronic fund transfer system predominantly used for low-value retail payments. Operated by NPCI, IMPS was launched in November 2010 (after...

March 8, 2021

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