Professional Documents
Culture Documents
10417 3979 1976 1552 1410 1237 1181 716 650 637 515 477 452 414 411 347 282 268 248 230
Central Bank RBI Commercial Banks based on profits Co operative Banks based on co operative principles
Scheduled Banks included under the second schedule of RBI Act, 1934; paid capital and reserves of greater than Rs. 5 Lakhs
Bill Market Discount Market; short term bills usually upto 90 days are bought and sold
Commercial Bill Market Treasury Bill Market
Institutions and mechanism that affects the generation of savings by community and distribution of the same Structure:
Industrial Finance Agricultural Finance Development Finance Government Finance
GDP Gross Domestic Product - The total market value of all final goods and services produced in a country in a given year. GDP = Consumer Investment + Govt. Spending + (Export Imports) NI National Income - The income earned by a country's people, including labor and capital investment. sum of wages, profits, rents, interest, and pension payments to residents of the nation.
Per Capita Income - Income per person in a population. Per capita income is often used to measure a country's standard of living. This is what each citizen is to receive if the yearly national income is divided equally among everyone. Monetary Policy - Monetary policy is the process by which the monetary authority of a country controls the supply of money, often targeting a rate of interest
Fiscal Policy - Fiscal policy is the use of government expenditure and revenue collection to influence the economy.
government expenditure taxation. Changes in the level and composition of taxation and government spending can impact various variables in the economy.
Repo Rate - Repo rate is the rate at which our banks borrow rupees from RBI. A reduction in the repo rate will help banks to get money at a cheaper rate. When the repo rate increases borrowing from RBI becomes more expensive.
Reverse Repo Rate - Reverse Repo rate is the rate at which Reserve Bank of India (RBI) borrows money from banks.
An increase in Reverse repo rate can cause the banks to transfer more funds to RBI due to this attractive interest rates. It can cause the money to be drawn out of the banking system.
Inflation Rate (December, 2010) 13.73% Exchange Rate (August 25, 2010) 46.95 Food Inflation(August 7) 10.35% GDP 9.4% Per Capita Income Rs. 44,345 Repo Rate (July 27, 2010) 5.75% Reverse Repo (July 27, 2010) 4.5% Bank Rate Effects of Trade Policy Five Year Plans and their impact Political situation showing greater signs of stability FDI inflows gaining momentum Infrastructure Growth Privatization of PSUs new IPOs NHPC
43926
Note the big gap between the first three and the rest
FII
1 2 3 4
Agriculture and Allied Industry* Services GDP (factor cost) * Includes Construction Source: Central Statistical Organisation
Elasticity of Employment to GDP 1977-78 to 1983 0.45 0.80 0.67 0.73 1.00 0.78 1.00 1983 to 1993-94 0.50 0.69 0.33 0.52 1.00 0.63 0.49 1993-94 to 1999-00 0.00 0.00 0.26 0.00 1.00 0.55 0.69
Sector 1 2 3 4 5
Agriculture Mining & Quarrying Manufacturing Electricity Construction Wholesale & Retail 6 Trade Transport Storage & 7 Construction Finance, Real Estate, Insurance & Business 8 Services Community, Social and 9 Personal Services All Sectors Source: Planning Commission Reports
1.00
0.92
0.73
200
300
400