“The Knowledge Library”

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The Knowledge Library

Top 100 Economic Terms

Top 100 Economic Terms

What is GDP in economics?
अर्थशास्त्र में GDP क्या होता है?

➤ Gross Domestic Product

What does inflation mean?
महंगाई (Inflation) का क्या अर्थ है?

➤ General increase in prices over time

What is fiscal deficit?
राजकोषीय घाटा क्या होता है?

➤ When government’s expenditure exceeds its revenue (excluding borrowings)

What is monetary policy?
मौद्रिक नीति क्या होती है?

➤ Policy by the central bank to control money supply and interest rates

What is the meaning of demand?
मांग का क्या अर्थ है?

➤ Desire backed by the ability to purchase goods or services

Who prepares the Union Budget in India?
भारत में केंद्रीय बजट कौन तैयार करता है?

➤ Ministry of Finance

What is repo rate?
रेपो रेट क्या होती है?

➤ The rate at which RBI lends money to commercial banks

What is disinvestment?
विनिवेश क्या होता है?

➤ Selling of government’s stake in public sector enterprises

What is black money?
काला धन क्या होता है?

➤ Income not reported to the government to avoid taxes

What is economic recession?
आर्थिक मंदी क्या होती है?

➤ Period of economic decline marked by falling GDP

Top 100 Economic Terms

What is NITI Aayog?
नीति आयोग क्या है?

➤ Policy think tank of the Government of India replacing Planning Commission

What is public expenditure?
सार्वजनिक व्यय क्या होता है?

➤ Government spending on goods and services

What is subsidy?
सब्सिडी क्या होती है?

➤ Financial aid given by the government to reduce prices

What is direct tax?
प्रत्यक्ष कर क्या होता है?

➤ Tax paid directly by individuals or organizations to the government

What is indirect tax?
अप्रत्यक्ष कर क्या होता है?

➤ Tax collected by intermediaries (like retailers) on behalf of the government

What is FDI?
FDI क्या होता है?

➤ Foreign Direct Investment

What is balance of trade?
व्यापार संतुलन क्या होता है?

➤ Difference between exports and imports of goods

What is a commercial bank?
वाणिज्यिक बैंक क्या होता है?

➤ Bank that accepts deposits and provides loans to the public

What is national income?
राष्ट्रीय आय क्या होती है?

➤ Total income earned by a country’s citizens in a given period

What is WTO?
WTO क्या है?

➤ World Trade Organization

What is fiscal policy?
राजकोषीय नीति क्या होती है?

➤ Government’s policy on taxation and spending

What is budget deficit?
बजट घाटा क्या होता है?

➤ Excess of total expenditure over total revenue

What is per capita income?
प्रति व्यक्ति आय क्या होती है?

➤ Average income per person

What is inflation rate?
मुद्रास्फीति दर क्या होती है?

➤ Percentage increase in the general price level

What is the role of RBI in India?
भारत में RBI की भूमिका क्या है?

➤ Controls monetary policy and issues currency

What is CRR?
CRR क्या है?

➤ Cash Reserve Ratio

What is the meaning of deflation?
मुद्रास्फीति में गिरावट (Deflation) का क्या अर्थ है?

➤ Fall in general price levels

What is the base year in GDP calculation?
GDP की गणना में आधार वर्ष क्या होता है?

➤ The reference year used to compare economic data

What is the meaning of stock exchange?
स्टॉक एक्सचेंज का क्या अर्थ है?

➤ A marketplace for buying and selling shares

Top 100 Economic Terms

What is the term ‘bull market’?
बुल मार्केट का क्या मतलब होता है?

➤ A market in which share prices are rising

What is a bear market?
बियर मार्केट क्या होता है?

➤ A market in which share prices are falling

What is GDP deflator?
GDP डिफ्लेटर क्या होता है?

➤ A measure of inflation based on GDP components

What is HDI?
HDI क्या है?

➤ Human Development Index

What is the role of SEBI in India?
भारत में SEBI की भूमिका क्या है?

➤ Regulates the stock market

What is microeconomics?
सूक्ष्म अर्थशास्त्र क्या है?

➤ Study of individual economic units

What is macroeconomics?
सामूहिक अर्थशास्त्र क्या है?

➤ Study of the economy as a whole

What is economic planning?
आर्थिक योजना क्या होती है?

➤ Government’s strategy for economic development

What is the meaning of devaluation?
मुद्रा अवमूल्यन (Devaluation) का क्या अर्थ है?

➤ Reduction in the value of a country’s currency

What is a mixed economy?
मिश्रित अर्थव्यवस्था क्या होती है?

➤ Economy with both public and private sectors

What is a developing economy?
विकासशील अर्थव्यवस्था क्या होती है?

➤ Economy with low per capita income and industrial growth

What is WTO’s main function?
WTO का मुख्य कार्य क्या है?

➤ To regulate international trade

What is public sector?
सार्वजनिक क्षेत्र क्या होता है?

➤ Sector owned and operated by the government

What is private sector?
निजी क्षेत्र क्या होता है?

➤ Sector owned by individuals or companies

What is nationalization?
राष्ट्रीयकरण क्या होता है?

➤ Transfer of private assets to public ownership

What is globalization?
वैश्वीकरण क्या है?

➤ Integration of economies through trade and investment

What is the meaning of liberalization?
उदारीकरण का क्या अर्थ है?

➤ Reduction of government restrictions in economy

What is the full form of IMF?
IMF का पूरा नाम क्या है?

➤ International Monetary Fund

What is the full form of GST?
GST का पूरा नाम क्या है?

➤ Goods and Services Tax

What is a cooperative society?
सहकारी संस्था क्या होती है?

➤ A group formed for mutual benefit, especially in trade or farming

What is barter system?
वस्तु विनिमय प्रणाली क्या है?

➤ Exchange of goods without using money

What is the function of commercial banks?
वाणिज्यिक बैंकों का कार्य क्या है?

➤ Accepting deposits and granting loans

What is capital market?
पूंजी बाजार क्या है?

➤ Market for long-term investment funds

What is money market?
मनी मार्केट क्या है?

➤ Market for short-term borrowing and lending

Top 100 Economic Terms

What is net national product (NNP)?
शुद्ध राष्ट्रीय उत्पाद (NNP) क्या है?

➤ GDP minus depreciation

What is depreciation?
मूल्यह्रास (Depreciation) क्या होता है?

➤ Reduction in the value of assets over time

What is dumping in economics?
अर्थशास्त्र में डंपिंग क्या होती है?

➤ Selling goods in foreign markets at lower prices

What is labor force?
श्रम शक्ति क्या होती है?

➤ Total number of working-age people able to work

What is economic liberalization?
आर्थिक उदारीकरण क्या होता है?

➤ Opening up of economy to private and foreign players

What is trade surplus?
व्यापार अधिशेष क्या होता है?

➤ When exports exceed imports

What is trade deficit?
व्यापार घाटा क्या होता है?

➤ When imports exceed exports

What is currency depreciation?
मुद्रा का मूल्यह्रास क्या होता है?

➤ Decline in value of a currency in comparison to others

What is human capital?
मानव पूंजी क्या होती है?

➤ Skills, knowledge, and experience possessed by individuals

What is the unemployment rate?
बेरोजगारी दर क्या होती है?

➤ Percentage of the labor force without jobs

What is a monopolistic market?
एकाधिकार बाजार क्या होता है?

➤ Market dominated by a single seller

What is perfect competition?
पूर्ण प्रतियोगिता क्या होती है?

➤ Market with many buyers and sellers with identical products

What is oligopoly?
एकाधिपत्य बाजार (Oligopoly) क्या होता है?

➤ Market dominated by a few large firms

What is PPP (Purchasing Power Parity)?
खरीद शक्ति समता (PPP) क्या है?

➤ Economic theory comparing currencies through cost of goods

What is inclusive growth?
समावेशी विकास क्या है?

➤ Economic growth that includes all sections of society

What is disinflation?
डिसइन्फ्लेशन क्या होता है?

➤ Slowing down the rate of inflation

What is stagflation?
स्टैगफ्लेशन क्या होता है?

➤ High inflation with stagnant growth and unemployment

What is capital formation?
पूंजी निर्माण क्या है?

➤ Building up of capital assets through investment

Top 100 Economic Terms

What is current account in BOP?
भुगतान संतुलन (BOP) में चालू खाता क्या होता है?

➤ Account showing trade of goods, services, and transfers

What is capital account?
पूंजी खाता क्या होता है?

➤ Account showing capital transfers and investments

What is inflation targeting?
मुद्रास्फीति लक्ष्य निर्धारण क्या है?

➤ Setting a specific inflation rate as a goal for monetary policy

What is a union budget?
केंद्रीय बजट क्या होता है?

➤ Annual financial statement of the government

What is GDP growth rate?
GDP वृद्धि दर क्या होती है?

➤ Rate at which a country’s GDP increases over time

What is supply-side economics?
आपूर्ति पक्षीय अर्थशास्त्र क्या है?

➤ Theory that economic growth is best created by investing in capital and lowering barriers

What is demand-side economics?
मांग पक्षीय अर्थशास्त्र क्या है?

➤ Focus on boosting demand to drive economic growth

What is GNP?
GNP क्या होता है?

➤ Gross National Product

What is a fiscal year?
वित्तीय वर्ष क्या होता है?

➤ Accounting year used by the government for budgeting (India: 1 April–31 March)

What is a financial market?
वित्तीय बाजार क्या होता है?

➤ Market where financial instruments are traded

What is venture capital?
उद्यम पूंजी क्या होती है?

➤ Investment in startups or new ventures

What is digital economy?
डिजिटल अर्थव्यवस्था क्या है?

➤ Economy based on digital computing technologies

What is ease of doing business?
व्यापार सुगमता सूचकांक क्या है?

➤ Measure of business regulations across countries

What is interest rate?
ब्याज दर क्या होती है?

➤ Cost of borrowing money, usually expressed as a percentage

What is liquidity?
तरलता (Liquidity) क्या होती है?

➤ Availability of cash or assets that can be quickly converted to cash

What is NPA in banking?
बैंकिंग में NPA क्या है?

➤ Non-Performing Asset

What is digital currency?
डिजिटल मुद्रा क्या है?

➤ Currency available only in electronic form

What is blockchain in economics?
अर्थशास्त्र में ब्लॉकचेन क्या है?

➤ Decentralized digital ledger for secure transactions

What is a budget estimate?
बजट अनुमान क्या होता है?

➤ Anticipated income and expenditure for a future period

What is economic survey?
आर्थिक सर्वेक्षण क्या होता है?

➤ Annual document reviewing the economic performance of the country

What is sustainable development?
सतत विकास क्या है?

➤ Development that meets current needs without harming future generations

What is Make in India?
मेक इन इंडिया क्या है?

➤ Government initiative to promote manufacturing in India

What is UPI?
UPI क्या है?

➤ Unified Payments Interface

Top 100 Economic Terms

What is demonetization?
नोटबंदी क्या होती है?

➤ Withdrawal of legal status of certain currency notes

What is rural economy?
ग्रामीण अर्थव्यवस्था क्या होती है?

➤ Economic activities based in rural areas

What is urban economy?
शहरी अर्थव्यवस्था क्या होती है?

➤ Economic activities in cities and towns

What is MSME?
MSME क्या है?

➤ Micro, Small, and Medium Enterprises

What is trade cycle?
व्यापार चक्र क्या होता है?

➤ Fluctuations in economic activity over time

What is financial literacy?
वित्तीय साक्षरता क्या होती है?

➤ Understanding financial principles and tools

Top 100 Economic Terms

GK on Basic Scientific Concepts

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