Free notes, textbooks, and exam-focused resources designed for Indian banking professionals.
The term “structural change” refers to the major changes in the relative importance of the main sectors of an economy (agriculture, industry, services, and so on) in the course of…
Low per capita real income, high rate of population growth, the cycle of poverty, an agro-based economy, income disparities, slow capital formation, poor infrastructural development, an imperfect market, Lack of…
Before the advent of British colonial rule, India had the ruled by Mughals, Marathas, Local kings, and Nawabs in different parts of India. The economy was largely rural but was…
Agriculture was the chief source of livelihood for most people in India, before the advent of British rule. India was also a hub of various kinds of manufacturing activities, particularly…
NFO is an acronym for New Fund Offer. An Asset Management Company (AMC) may launch a new Mutual Fund scheme offering subscriptions to the public. Such a new mutual fund…
Mutual funds are constituted as Trusts and are governed by the Indian Trusts Act, of 1882. The structure of mutual funds in India includes three tiers: sponsors, trustees, and asset…
Mutual funds are popular among large sections of retail investors because they offer investors the opportunity to diversify and therefore spread out their risk over several investments. Mutual funds are…
India’s market regulator, SEBI, has asked money managers to restrict investments in small- and mid-cap stock mutual funds and reduce commissions. The move aims to curb surging inflows into these…
Updated on 01.03.2024 In supersession of earlier BBPS-related guidelines/circulars, the Reserve Bank of India issued a new direction on March 1, 2024. The earlier circular was suitably modified as under.…
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