๐ Basic Economics (1โ30)
- What is economics?
๐ Study of production, distribution, consumption - What is demand?
๐ Desire to buy - What is supply?
๐ Quantity available - What is market?
๐ Place of buying & selling - What is price?
๐ Value of product - What is GDP?
๐ Gross Domestic Product - What is GNP?
๐ Gross National Product - What is NNP?
๐ Net National Product - What is inflation?
๐ Rise in prices - What is deflation?
๐ Fall in prices - What is stagflation?
๐ Inflation + unemployment - What is recession?
๐ Economic slowdown - What is depression?
๐ Severe recession - What is capital?
๐ Wealth used for production - What is labor?
๐ Human effort - What is land?
๐ Natural resource - What is entrepreneur?
๐ Business organizer - What is opportunity cost?
๐ Next best alternative - What is marginal cost?
๐ Extra cost - What is utility?
๐ Satisfaction - What is monopoly?
๐ Single seller - What is oligopoly?
๐ Few sellers - What is perfect competition?
๐ Many buyers/sellers - What is elasticity?
๐ Change in demand - What is public good?
๐ For all people - What is private good?
๐ Individual use - What is subsidy?
๐ Government support - What is tax?
๐ Government revenue - What is budget?
๐ Income & expenditure - What is fiscal deficit?
๐ Excess expenditure
๐ฆ Banking & Finance (31โ60)
- What is bank?
๐ Financial institution - What is central bank of India?
๐ Reserve Bank of India - When was RBI established?
๐ 1935 - Who is Governor of RBI?
๐ (Changes periodically) - What is repo rate?
๐ Lending rate - What is reverse repo rate?
๐ Borrowing rate - What is CRR?
๐ Cash Reserve Ratio - What is SLR?
๐ Statutory Liquidity Ratio - What is money?
๐ Medium of exchange - What is currency?
๐ Legal money - What is credit?
๐ Borrowing - What is debit card?
๐ Direct payment - What is credit card?
๐ Borrow now - What is ATM?
๐ Cash machine - What is NEFT?
๐ Fund transfer - What is RTGS?
๐ Real-time transfer - What is IMPS?
๐ Instant transfer - What is UPI?
๐ Digital payment system - What is cheque?
๐ Bank order - What is loan?
๐ Borrowed money - What is interest?
๐ Cost of borrowing - What is inflation targeting?
๐ Control inflation - What is financial inclusion?
๐ Banking access - What is NPA?
๐ Non-performing asset - What is stock market?
๐ Trading shares - What is share?
๐ Ownership - What is dividend?
๐ Profit share - What is mutual fund?
๐ Investment pool - What is insurance?
๐ Risk cover - What is premium?
๐ Payment for insurance
๐ฎ๐ณ Indian Economy (61โ100)
- What is planning in India?
๐ Economic planning - What was Planning Commission?
๐ Policy body - What replaced Planning Commission?
๐ NITI Aayog - What is Five Year Plan?
๐ Development plan - First Five Year Plan year?
๐ 1951 - What is liberalization?
๐ Reducing controls - What is privatization?
๐ Private ownership - What is globalization?
๐ Global integration - What is LPG policy?
๐ 1991 reforms - Who introduced economic reforms?
๐ P. V. Narasimha Rao - Who was Finance Minister in 1991 reforms?
๐ Manmohan Singh - What is GST?
๐ Goods & Services Tax - GST implemented in?
๐ 2017 - What is direct tax?
๐ Paid directly - What is indirect tax?
๐ Paid indirectly - What is poverty?
๐ Lack of income - What is unemployment?
๐ No job - What is rural economy?
๐ Village economy - What is agriculture?
๐ Farming - What is Green Revolution?
๐ Increase in production - What is White Revolution?
๐ Milk production - What is Blue Revolution?
๐ Fish production - What is Make in India?
๐ Manufacturing initiative - What is Startup India?
๐ Business promotion - What is Digital India?
๐ Technology initiative - What is MSME?
๐ Small industries - What is SEZ?
๐ Special Economic Zone - What is FDI?
๐ Foreign investment - What is GDP growth rate?
๐ Economic growth - What is per capita income?
๐ Income per person - What is human development index?
๐ Development measure - What is public sector?
๐ Government owned - What is private sector?
๐ Private owned - What is mixed economy?
๐ Both sectors - What is budget deficit?
๐ Shortfall - What is black money?
๐ Illegal income - What is disinvestment?
๐ Selling shares - What is economic survey?
๐ Annual report - What is Union Budget?
๐ Government budget - What is Atmanirbhar Bharat?
๐ Self-reliant India
