What will be the effect of the devaluation of the rupee?
When the rupee gets devalued, the import of goods becomes very expensive. Devaluation of the rupee can lead to inflation... View Article
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Why was the rupee devalued in 1991?
India had to go for a devaluation of the Indian rupee because India was facing a massive economic crisis. India... View Article
How many times has the Indian Rupee been devalued?
The Indian Rupee was devalued in three instances. The Indian rupee was devalued for the first time in 1949, later... View Article
What are the important implications of the Laffer curve?
The most important implication of laffer curve is that too much increase in tax rates beyond a certain point will... View Article
What is the shape of a Laffer curve?
Inverted-U is the typical shape of a Laffer curve. As the tax rate increases beyond the optimal point, which is... View Article
How does increase in tax rate affect the Laffer curve?
The Laffer Curve is “inverted U”. As the tax rate starts from 0% and increases, the Laffer Curve moves in... View Article
Who is the father of public finance?
Richard A. Musgrave is the father of public finance. Raja Chelliah is often referred to as “The Father of Tax... View Article
What is the perfect tax structure?
Administrative ease, simplicity, fairness, transparency, and adequacy are the conditions that must be fulfilled for creating a good tax structure.... View Article
When a country is on the downward sloping side of the Laffer curve, what will cutting tax rates do?
When a country is on the downward sloping side of the laffer curve, cutting tax rates will help in increasing... View Article
What is the trade off in the Laffer curve?
The trade off in the Laffer Curve is between tax revenue and tax rates. The laffer curve is inverted U... View Article
Does the Laffer curve exist?
Yes, the laffer curve was used to put forward the argument that incessant increase in tax rates is not productive.... View Article
Indo-Pacific Regional Dialogue 2023 [UPSC Notes]
The Indo-Pacific Regional Dialogue (IPRD) is the annual international conference conducted by the Indian Navy. The IPRD 2023 was held... View Article
AIR Spotlight – Prime Minister’s Visit to Italy and G-20 Summit
AIR Spotlight is an insightful program featured daily on the All India Radio Newsonair. In this program, many eminent panellists... View Article
02 Nov 2021: The Hindu Analysis
UPSC Current Affairs Preparation: The Hindu Analysis Watch expert analysis of ‘The Hindu’ dated 02nd Nov 2021. Important news and... View Article
02 Nov 2021: UPSC Exam Comprehensive News Analysis
Nov 2nd, 2021, CNA:- Download PDF Here TABLE OF CONTENTS A. GS 1 Related B. GS 2 Related INTERNATIONAL RELATIONS... View Article
AIR Spotlight – Challenges at COP-26 Summit
AIR Spotlight is an insightful program featured daily on the All India Radio Newsonair. In this program, many eminent panellists... View Article
01 Nov 2021: PIB Summary & Analysis
TABLE OF CONTENTS 1. UNFCCC COP26 2. States’ Foundation Days 3. PM Gati Shakti National Master Plan 4. Tidbits Download... View Article
Economy This Week (23rd Oct to 29th Oct 2021)
Economy is an important part of the UPSC prelims and mains exams; this series titled ‘Economy This Week’ has been initiated to... View Article
31 Oct 2021: The Hindu Analysis
UPSC Current Affairs Preparation: The Hindu Analysis Watch expert analysis of ‘The Hindu’ dated 31st Oct 2021. Important news and... View Article
31 Oct 2021: UPSC Exam Comprehensive News Analysis
Oct 31st, 2021, CNA:- Download PDF Here TABLE OF CONTENTS A. GS 1 Related GEOGRAPHY 1. Scientists find a mineral... View Article
