You went to the store last year and bought your favorite chocolate bar for INR 50. Fast forward to this year, and you notice that the same chocolate bar now costs INR 100. Do you observe the extra 50 cents you're shelling out? That's inflation in action.
Inflation is basically the gradual increase in...
The anticipation surrounding the IBPS SO Mains Exam is palpable, even as the notification for the 2024 examination has yet to be released. With ample time on hand, prospective candidates have a golden opportunity to intensify their preparation efforts. In light of this, it becomes imperative to initiate a rigorous study regimen without delay. This article focuses...
The Pension Fund Regulatory and Development Authority (PFRDA) has issued an official notification inviting applications for the recruitment of officers in Grade 'A'. This presents a significant opportunity for individuals seeking to embark on a career path in the financial sector. The recruitment drive aims to select talented candidates who will contribute to the regulatory and developmental...
The Reserve Bank of India (RBI) has a pivotal role in ensuring financial stability within the country. As the central bank, the RBI is entrusted with the responsibility of formulating and implementing monetary policy, overseeing the banking sector, and managing the overall financial system. This blog will delve into the multifaceted aspects of the RBI's role in...
The Pension Fund Regulatory and Development Authority or PFRDA released its official notification on August 12, 2021, for the recruitment of officers in Grade ‘A’. The online application window is open till September 16, 2021. So, if you want to apply, you should do that immediately without further delay.
A total of 14 vacancies...
The IBPS AFO (Agriculture Field Officer) exam is a prestigious exam for individuals aspiring to build a career in agricultural banking. It is conducted by the Institute of Banking Personnel Selection (IBPS) to select talented candidates for various banking institutions across the country. To crack this exam and secure a seat as an Agriculture Field Officer, it...
According to the IMF’s (International Monetary Fund) World Economic Outlook Update of January 2023, the global inflation rate is decreasing from 8.8 percent in 2022 to 6.6 percent in 2023. However, during the pre-pandemic scenario between 2017 and 2019, this rate was 3.5 percent.
You must be hearing every now and then about how...
Inflation refers to a sustained increase in the general price level of goods and services in an economy over a period of time. It erodes the purchasing power of individuals and can have serious consequences for the overall economic stability and growth of a nation. As such, controlling inflation is a key responsibility of central banks, with...
Ships have been serving as a means of transportation for centuries now. Ships were/are used for the transport of goods, travel and warfare. Now, in the modern times, ships serve modern functions such as transporting aircrafts, war equipment and leisure travel (cruises).
A dockyard is a place where ships are constructed and serviced. There...
India's Gift City, short for Gujarat International Finance Tec-City, is an ambitious project aimed at establishing a global financial hub in the country. It is located in Gujarat, near Ahmedabad, and was designated as a Special Economic Zone (SEZ) by the Indian government in 2011. The creation of GIFT City aims to boost India's global stature in...
