Moody’s rating upgrade – Impact on India’s economy
Background :- On 16th November 2017, international rating agency, ‘Moody’s Investor Services’ upgraded India’s government debt rating from Baa3 to Baa2 after 13 years and also changed the outlook from ‘stable’ to ‘positive’. This upgrade will boost the Indian economy…
Open economy – Role of MNCs in India
Theme:- Multinational Corporations (MNC) operate in more than one country.
- In 1991, India faced an economic crisis and to lift the country out of the crisis, the Indian government rolled out economic reforms, and hence openly opted for economic liberalisation.
G20 – GD Topic
What is G-20?:- With the objective to bring together the growing and industrialized economies of the world and to discuss global issues, the G-20 (Group of Twenty) was formed on 26th September 1999. The members consist of 19 individual countries
Right to be forgotten
Theme:- The first draft of India’s ‘Personal Data Protection Bill, 2018‘ is out in July 2018. BN Srikrishna’s committee took the responsibility to draft this bill. ‘Right to be forgotten‘ was also included in this draft of the bill.
Impact of falling rupee on Indian economy
Theme:- As of 10th April 2021, 1 US dollar is worth Rs. 74.73.
- The value of any currency decreases when its demand decreases. And also if the demand for the US dollar increases,
