Russia-Ukraine crisis – Impact on India
Theme:- Russia’s invasion of Ukraine took many lives of innocent people. It is also affecting the economies of many countries including India because the present world is interconnected.
- Crude oil prices were already rising
Unicorn
Theme:- In the Global Unicorn Index 2021 report, India ranked 3rd in the world after US and China.
- In the business world, a unicorn is a startup that reaches a valuation of $1 billion.
Union Budget 2022-23
Theme:- On 1st February 2022, Finance Minister Nirmala Sitharaman presented Union Budget 2022-23 in the parliament.
- During the pandemic, we realized the importance of online education. This budget proposed the setting up of a digital
Cashless society
What is a cashless society:- A cashless society is an economy where all financial transactions happen without cash. Cashless payment methods such as debit cards, credit cards, electronic payments using digital devices etc. are used for cashless transactions. Now, cryptocurrencies
What will happen if one rupee becomes equal to one dollar?
Theme:- This is a hypothetical scenario. As of 7th December 2021, the value of $1 = Rs. 75.37.
- Imports will become cheaper because we have to pay very little to import goods. It will be a threat to