![Fisher’s Theory of Interest Rates [Explained with examples] 1](https://www.prep4ias.com/wp-content/uploads/2022/10/fisher-e1666970731358.jpg)
Fisher’s theory is also known as Fisher’s Hypothesis or sometimes as Fisher’s effect. This theory was put forward by a very famous economist named Fisher Irving. This theory is based on the relationship between inflation and interest rates (both real and nominal). The theory proposes that the real interest rate is the one that has ... Read more
India's forex reserve has crossed $600 billion mark for the very first time in the country's history. As per the weekly RBI data, last week India's foreign exchange reserve surged up to a record USD 605.008 billion driven by a rise in foreign currency assets (FCA), a major component of the overall reserves. What is ... Read more
In this article, we will discuss about Cryptocurrency Bank and the recent development happened in India in which loans are being facilitated against digital assets. In past few years, there is a rise in Cryptocurrency market not only in other countries but in India as well. What is Cryptocurrency It is digital or virtual currency ... Read more
In this article, we will discuss about the recent Citibank announcement of closing down its Consumer banking operations in India. Citi announced its decision while declaring the first quarter earnings for 2021. The bank data shows it was doing relatively well as compared to its competitors. The bank has recorded a return on capital employed ... Read more
In this article, we will discuss about the India's currency rupee which has become the Asia's worst performing currency in last two weeks. This has happened almost immediately after IMF projected an impressive growth of around 12.5% in 2021, stronger than China. China was the only major economy to have a positive growth rate last ... Read more
In this session, we will look into Participatory Notes(P-Notes): An Offshore Derivative Instrument. In 1992, SEBI had allowed P-notes to increase Foreign Investment in India after 1991 Balance of Payment Crisis. P-notes are offshore derivative instruments(ODI) issued by registered Foreign Portfolio Investors(FPIs) to overseas investors who want to Invest in Indian Stock Market without registering ... Read more
In this article, i will take you through Top 11 Famous Economists and discuss about their contributions to the world economy. Over the last 250 Years we saw a whole era of Brilliant Economists which more or less started from Adam Smith and then goes on with the list of David Ricardo, Karl Marx, Alfred ... Read more
In this session, I will take you through 23 Important Questions on Sustainable Development and Climate Change in India. The first major step towards Sustainable Development and Climate Change Activities took place in June 2012 at the Rio De Janeiro Summit. The Global Community met at the UN Conference on Sustainable Development marking the 20th ... Read more
In this Session, I will take you through Best Economy Concepts and Terminology Q&A. These Questions given in Best Economy Concepts and Terminology Q&A Part-1 are the most important questions for all competitive exams. I have tried to cover all important questions related to Economy Concepts and Terminology . Now Let's go through below Best ... Read more