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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
