Economics

Economics 8 min read
Bonus Shares: Meaning, Types, Advantages & Limitations

Similar to their name, bonus shares are given as a bonus to investors whose value depends on their holdings. These shares increase the number of shares held by an investor; however, the price at which the investor originally purchased the company’s shares goes down. Keep reading to learn about eligibility, types, advantages and disadvantages of ... Bonus Shares: Meaning, Types, Advantages & Limitations

Economics 7 min read
Funding of Political Parties in India

Political parties are funded by donations from multiple sources. One of the largest sources of funding is voluntary contributions made by individuals and party supporters.  However, political funding can be a murky business in all kinds of democracies. To make the entire process transparent, the government has introduced various reforms in the Finance Bill, 2017.  ... Funding of Political Parties in India

Economics 7 min read
Explaining the Rule of Debit and Credit Transactions with Examples

Accounting is an integral part of any business as it helps record its financial transactions and gives information about its financial health. Today, most businesses record their financial transactions via the double-entry accounting system.  Debit and credit transactions are the two parts of this double-entry system and should be equal in value. When this takes ... Explaining the Rule of Debit and Credit Transactions with Examples

Economics 9 min read
Employee Stock Ownership Plans (ESOP): Definition, Working Principle, and Benefits

Employee Stock Ownership Plans (ESOPs) are an excellent tool for companies to improve the productivity of their employees. It also helps reduce the attrition rate of an organisation and aligns the interests of employees with that of shareholders. As such, employees are incentivised to contribute to the employer’s success as they can get financial rewards. ... Employee Stock Ownership Plans (ESOP): Definition, Working Principle, and Benefits

Economics 11 min read
The Structure of Financial Markets in India

Financial market is a term that denotes any place where the exchange and trading of financial assets, including stocks, bonds, commodities, forex, etc., takes place. It provides a platform where those in need of funds can easily find those who are looking for returns on their investments. The state of financial marketplaces in a country ... The Structure of Financial Markets in India

Economics 7 min read
Relationship between GDP and Tax Revenue

There are many factors that determine the economy of a nation and its position on the global stage. One such factor is the ratio of tax to GDP. It signifies the capacity of a country to fund its own expenditure, implement future development plans and secure itself against persistent deficits. Read on to learn more ... Relationship between GDP and Tax Revenue

Economics 8 min read
Functions of the RBI (Reserve Bank of India)

Established on 1st April 1935, the Reserve Bank of India (RBI) is the central bank of our country. It performs several crucial functions to regulate and supervise the financial system of India. These functions of the RBI maintain synchronisation among the different financial institutions in India, which is essential for creating a secured financial system. ... Functions of the RBI (Reserve Bank of India)

Retirement plan 8 min read
Economics of a pension scheme – Where does the money come from?

Augustus Caesar transformed the Roman Republic into an Empire through conquests and political reform. In these conquests he added territories (marked green) and gathered significant wealth in his conquests. But he worried that retired soldiers might rise up against the empire. Augustus Caesar transformed the Roman Republic into an Empire through conquests and political reform. ... Economics of a pension scheme – Where does the money come from?

Economics 7 min read
7th Central Pay Commission Recommendations

Pay Commission is a body established by the Central Government that reviews and recommends changes in the salary structure of government employees. This panel also reviews allowances, bonuses and other employment benefits for government employees.  The Pay Commission considers various aspects of the economy to come up with recommendations. It is constituted every 10 years ... 7th Central Pay Commission Recommendations

Economics 8 min read
Union Budget 2022 for Senior Citizens

Being a senior citizen in India means that you are a citizen of India and have attained the age of 60 years or more. If you have attained the age of 80 years or more, you will be a super senior citizen of India. People in this age group face several challenges due to multiple ... Union Budget 2022 for Senior Citizens

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