challenges for the fintech industry
Posted inEconomic GD Topics

Challenges for the FinTech industry

FinTech companies gather data to provide personalized services. Protecting data from cyber attacks is very important for them. Fintech cyberattacks happen not just for money but also for personal data. Hence developing secure platforms is a big challenge for fintech companies.
green economy
Posted inEconomic GD Topics

Green economy

The present economy encourages people to buy more things. Rising materialism is depleting natural resources, causing a negative impact on the environment. The green economy is an alternate economic model, which focuses on conscious consumption, promotes reusing, repairing and recycling things.
Stagflation
Posted inCurrent Affairs GD Topics Economic GD Topics

Stagflation

Till the 1970s, it was believed that inflation (increase in prices) and unemployment are inversely proportional. Because, if the unemployment rate is high, common people have low purchasing power, and hence the demand for goods reduces, thereby the prices will either reduce or stay constant.