“The Knowledge Library”

Knowledge for All, without Barriers…

An Initiative by: Kausik Chakraborty.

“The Knowledge Library”

Knowledge for All, without Barriers……….
An Initiative by: Kausik Chakraborty.

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

Sign up to Receive Awesome Content in your Inbox, Frequently.

We don’t Spam!
Thank You for your Valuable Time

Share this post

error: Content is protected !!