The main function of the Intergovernmental Panel on Climate Change (IPCC) is to give policymakers and government stakeholders regular assessments... View Article
The United Nations Environment Programme (UNEP) is a program that is tasked with coordinating responses to environmental issues within the United... View Article
The money for the Green Climate Fund comes from pledges made by member nations. As of 31 July 2020, the Green Climate Fund has raised USD 10.3... View Article
The World Bank was confirmed as a trustee of the Green Climate Fund in 2018 for a renewable four-year period of 2019-2023. The World Bank earlier... View Article
The Green Climate helps in providing assistance to developing countries as in adapting to and mitigating the effects of climate change. The Green... View Article
The Green Climate Fund is governed by a board of representatives from 24 countries while receiving guidance from the COnference of the Parties to... View Article
TBS in banking refers to the twin banking sheet problem.This problem arises due to the existence of non performing assets and corporates having... View Article
The stress on the balance sheets of the banks due to heavily indebted corporates on one hand, and bad loans or non-performing assets on the other... View Article
Some of the reasons behind depreciation of rupee against the dollar are rise in crude oil prices, monetary policies of Fed, balance of payments,... View Article
Depreciation reduces the value of a country’s currency when compared with the currency of other countries. Depreciation discourages imports... View Article
No, the devaluation of currency is not the same as depreciation. Reduction of the value of currency in floating exchange rate is known as... View Article
Yes, devaluation helps in boosting exports because the goods become relatively cheaper for foreign consumers as the value of domestic currency... View Article
When devaluation of currency is done, the monetary authority formally sets a lower exchange rate of the national currency. Devaluation is... View Article
India devalued its currency on 6th June, 1966 as independent India faced its first balance of payment crisis. India was dependent on economic aid... View Article
When the currency is devalued, imports get discouraged because imported goods get more expensive for domestic consumers. When the currency is... View Article
In 1991, the Indian economy was facing an economic crisis due to the balance of payment issue. The Indian Government decided to open up the... View Article
