The Free Trade Agreement (FTA) refer to the cooperation between at least two countries to reduce trade barriers like import quotas and tariffs to increase trade of goods and services with each other. How does FTA’s work? The free-trade agreement aims at reducing barriers to exchange so that trade can grow as a result of specialisation, division of labour, and most importantly ..
On 7th December, 2018 Union Cabinet has approved the Agriculture Export Policy, 2018. A Monitoring centre under the Ministry of Commerce would be established to oversee the implementation of the policy. Ministry of Commerce would be the nodal ministry for the implementation of the policy Need Government has committed to double the farmers income by ..
Development Financial Institutions are specialized institutions set up primarily to provide development/ Project finance especially in developing countries. These development banks are usually majority-owned by national governments. The source of capital of these banks is national or international development funds. This ensures their creditworthiness and their ability to provide project finance in a very competitive rate. ..
India is one among the top 10 economies in the world. Banking sector in India is robust and forms the most dominant segment of the financial sector. The banking industry acts as a pivot in the economic development of the country. The face of the banking industry has been witnessing changes over the years. The ..
1. What is meaning of Nationalization of Bank? Nationalization refers to an act of taking an industry or assets into the public ownership. In context of banks, it means that banks which were earlier in private sector were transferred to the public Sector by the act of nationalization. Opposite of Nationalization is privatization. 2. What ..