The Sovereign Gold Bond (SGB) Scheme is a government securities program launched in November 2015 under the Gold Monetisation Scheme, where the RBI issues bonds on behalf of the Government of India as a substitute for physical gold. Objective Reduce … Continue reading →

Measures price changes at the wholesale level. Base year is 2011 – 12 ( proposed base year is 2022 – 23). Primarily includes manufactured products, fuel, and primary articles. (service sector not included). The measurement of the WPI is based … Continue reading →

Current Account Deficit or CAD is the shortfall between the money flowing in on exports, and the money flowing out on imports It is part of the Balance of Payments (BoP). Components of CAD Trade Balance: The difference between exports … Continue reading →