Category Archives: Economy

NBFC-Non Banking Financial Company:All You Need to Know

NBFC Notes: UPSC IAS Exam Non-banking financial companies, or NBFCs, are financial institutions that provide banking services but do not hold a banking license. These institutions are not allowed to take deposits from the public. Nonetheless, all operations of these institutions are still covered under banking regulations. Functions of NBFC NBFCs are doing functions similar… Read More »

Revolutions in India Green, White, Blue, Golden, etc.

List of All Revolutions Revolutions in India marked the beginning of a completely new era in various socio-economic fields like agriculture, petroleum etc. Green Revolution Green Revolution associated with Agriculture Production.Green Revolution refers to a period when Indian agriculture was converted into an industrial system due to the adoption of modern methods and technology such as the use… Read More »

Introduction of economics

The term Economics comes from Greek word oikonomia which means management of household and administration.Adam smith is father of Economics,define as ‘The Science relating to the laws of production,distribution and exchange Defination of Economics:The science which studies human behaviour as a relationship between ends and scarce means which have alternative uses. There are two types… Read More »