FE Knowledge Desk

Articles By FE Knowledge Desk

23 Articles

What is Repo Linked Lending Rate (RLLR)?

Repo linked lending rate (RLLR): From October 1, 2019, all new floating rate personal or retail loans such as your car or home loans that are sanctioned by banks will have to be linked to external benchmarks, and the central

repo linked lending rate, repo linked lending rate rbi, repo linked lending rate means News

What is Wholesale Price Index (WPI)?

Wholesale Price Index meaning: WPI measures the changes in the prices of goods sold and traded in bulk by wholesale businesses to other businesses.

wholesale price index, wpi inflation, wholesale price index formula News

What is Public Debt?

Public debt meaning: In the Indian context, public debt includes the total liabilities of the Union government that have to be paid from the Consolidated Fund of India.

public debt, what do you mean by public debt, causes of public debt News

What is Finance Commission Grants & Other Transfers?

Finance Commission Grants & Other Transfers definition: The Finance Commission is a constitutional body set up by the President of India.

Finance Commission Grants and Other Transfers meaning, 14th finance commission grants to states News

What is Economic Survey?

Economic Survey, presented in the Parliament ahead of the Union Budget, is the Ministry of Finance's flagship document.

economic survey pdf, economic survey of india News

What is State Finance Commission?

A State Finance Commission reviews the financial position of the panchayats in a state and makes recommendations to the Governor.

what is the role of state finance commission, who appoints the state finance commission News

What is Primary Deficit?

Primary Deficit is the difference between the current year's fiscal deficit and the interest paid on the borrowings of the previous year.

what is primary deficit, primary deficit of India News

What is Subsidy?

Subsidy refers to the discount given by the government to make available the essential items to the public at affordable prices.

what is the purpose of a subsidy, what is subsidy with example News

What is Capital Account?

Capital Account meaning with example: In the field of international trade and commerce, these two terms - current account and capital accounts - are widely used.

how do you calculate capital account, what is capital account with example News

What is Consumer Price Index (CPI) Inflation?

Consumer Price Index or CPI as it is commonly called is an index measuring retail inflation in the economy by collecting the change in prices of most common goods and services.

consumer price index india, consumer price index formula News

What is Capital Expenditure?

Capital Expenditure meaning: The Union government defines capital expenditure as the money spent on the acquisition of assets like land, buildings, machinery, equipment, as well as investment in shares.

capital expenditure examples, capital expenditure budget News

What is Goods and Services Tax (GST)?

Goods and Services Tax meaning: GST, or Goods and Services Tax, is a tax that customers have to bear when they buy any goods or services, such as food, clothes, items of daily needs, transportation etc.

goods and services tax gst in india, what is the concept of GST News

What is Fiscal Deficit?

Fiscal Deficit is the difference between the total income of the government (total taxes and non-debt capital receipts) and its total expenditure.

What do you mean by fiscal deficit, fiscal deficit formula News

What is Revenue Expenditure?

Revenue Expenditure is that part of government expenditure that does not result in the creation of assets.

what is revenue expenditure in simple words, revenue expenditure examples News

What is Finance Commission?

Finance Commission is a constitutional body, that determines the method and formula for distributing the tax proceeds between the Centre and states...

Finance Commission and its functions, finance commission members News

What is Gross Domestic Product (GDP)?

Gross Domestic Product meaning: Gross Domestic Product, abbreviated as GDP, is the total value of goods and services produced in a country.

What is a simple definition of GDP, What is GDP of a country News

What is Union Excise Duty?

Union Excise Duty meaning: This is a duty on manufactured goods, which is levied at the time of manufacture.

Union Excise Duty meaning, what does excise duty mean, how does excise duty work News

What is Inflation?

Inflation meaning: Inflation refers to the rise in the prices of most goods and services of daily or common use, such as food, clothing, housing etc.

inflation in india, what is inflation and example News

What is Union Budget?

Union Budget of India is the country's comprehensive Annual Financial Statement. The Union Budget consists of a detailed account of the government’s finances, its revenues and expenditures.

union budget of India, union budget meaning, what is the annual budget of india News

What is Current Account Deficit?

Current Account Deficit meaning: CAD is the shortfall between the money flowing in on exports, and the money flowing out on imports.

current account deficit meaning, current account deficit formula, current account deficit CAD India News

What is Index of Industrial Production (IIP)?

Index of Industrial Production meaning: IIP is an index that tracks manufacturing activity in different sectors of an economy.

index of industrial production, iip index, index of industrial production india News

What is cess?

Cess meaning: Cess is a form of tax charged/levied over and above the base tax liability of a taxpayer.

income tax department, raid, search, seizure, real estate, foreign assets, hawala, chopper scam, jewellery News

What is an Interim Budget?

What is Interim Budget Meaning: An Interim Budget is presented during the transition period when a new government is due to take over but the ruling government needs Parliament's go-ahead to take out money from the Consolidat

What is an Interim Budget, Interim Budget Meaning News