A production–possibility frontier (PPF) or production possibility curve (PPC) is a curve which shows various combinations of the amounts of two goods which can be produced with the given resources and technology, where the given resources are fully and efficiently utilized per unit time. A PPF illustrates several economic concepts, such as allocative efficiency, economies of
Monetary policy of pertains to controlling and regulating money supply and cost borrowing with twin objectives of price stability and economic growth. The monetary authority of all modern economies (countries), typically the central bank, targets an inflation rate or interest rate to ensure price stability and general trust in the currency. The other goals of a monetary policy
The Chief Economic Adviser in the finance ministry Krishnamurthy Subramanian said (April 09, 2019) that the Non Bank Financial Companies are facing the problem of adverse asset-liability mismatch of firms and there are genuine fears that more non-banking financial companies (NBFCs) may default like IL&FS due to a growing liquidity
The political leaders have been doing roadshows in increasingly large numbers. It facilitates an interface between political leaders and their party workers. It also gives people an opportunity for “darshan” (to take a glimpse) of their leader. These may appear as unbeatable positives of “roadshows.” We know that some of
The Election Commission has identified unchecked money power as one of the biggest concerns and has been rooting for capping party and campaign expenditure to ensure a level playing field for all parties and to check the money power visible during every election. The Election commission had recommended amendments to the
“The limits of my language means the limits of my world.” ― Ludwig Wittgenstein Somebody will be able to overcome any encryption technique you use! -Noam Chomsky “Language is my whore, my mistress, my wife, my pen-friend, my check-out girl. Language is a complimentary moist lemon-scented cleansing square or handy freshen-up wipette.” ― Stephen Fry Political
In hearing of a case against alleged Maoist activists — Varavara Rao, Arun Ferreira, Vernon Gonsalves, Sudha Bharadwaj and Gautam Navlakha -- honorable justice of the Supreme Court Justice D.Y. Chandrachud, part of a three-judge bench headed by Chief Justice Dipak Misra said, “Dissent is the safety valve of democracy.
The NDA government won 2014 elections by highlighting low growth of the Indian economy due to policy paralysis and corruption during UPA regime and by promising the people “Achche Din.” Four years hence, the trust of the people in the NDA government has started dwindling for many reasons including whimsical