Published On May 23, 2017
🔖Coupon Code: 'Mrunal.org' gives extra discount for 👨‍🏫 Mrunal's New UPSC Prelims & Mains Courses at https://unacademy.com/@mrunal.org
📢Features of Mrunal's Economy Course at Unacademy:
1) 👨‍🏫 Weekly live classes @night even Working Professional can attend
2) 🆎 Updated Powerpoints with latest budgets, economic surveys & current Affairs of Economy
3) đź“‘ 500+ pages Rapid revision handouts, covering both Prelims & Mains, incl. Hindi translation for important terminologies. No need to purchase separate books / NCERTs.
4) đź” Weekly Quiz with ranking system
5) đź’¬ Weekly Doubt Solution to your queries.
- since last three years, UPSC has asked barely 1-2 MCQs from the Finance, capital market and share market topics, therefore, we will only try to gather a working knowledge about these topics rather than pursuing technical accuracy or academic excellence.
- There are two ways to start a company: debt and equity.
- Debt instruments are further classified in 1) short-term instruments such as T-bills, Cash Management Bills (CMBs), Commercial papers, Promissory Notes, Certificate of Deposits
- and Commercial Bill and 2) long-term instruments such as Loan, external commercial borrowing (ECB), Dated securities (G-Sec), Bonds (UK), Debentures (US), Municipal Bonds and Inflation Indexed Bonds
- what is credit rating? Why does economic survey say that foreign credit rating agencies are having double standards for Indian sovereign bonds?
- What is Bond Yield to maturity (YTM)? How is it related with RBI’s monetary policy and economic growth?
- What was the impact of Donald Trump’s election and demonetisation on the yields of Indian government’s bonds.
- What a coupon bonds, zero-coupon bonds, bearer bonds. Why is Fiat currency called “zero interest anonymous bearer bond?
- Types of equity finance: Shares, preferential shares, venture capital funds and angel investors. What is seed capital and sweet equity?
- Taxability on share dividend and bond interest?
- Share: Face value, At par value, premium value, initial public offer (IPO), follow-on public offer, public issue, private issue, rights issue, preferential shares; Share buyback, share splitting, retained earnings
- ADR- American depository receipts, global depository receipts (GDR), Bharat depository receipts (BhDR)
- Types of mutual fund: net asset value (NAV), exit load.
- Hedge funds and alternate investment funds.
- Exchange Traded Funds (ETF), InvITs: infrastructure investment trusts, REITs: Real estate investment trusts, salient features and benefits.
- Derivatives, securitisation, forward market, future market, spot market. Call option and Put Option.
- SWAP agreements: Credit Default Swap, Currency Swap, Interest swap
- Faculty Name: You know who
- All Powerpoint available at http://mrunal.org/powerpoint
- Exam-Utility: UPSC IAS IPS Civil service exam, Prelims, CSAT, Mains, Staff selection SSC-CGL, IBPS-PO/MT, IBPS-CWE, SBI PO & Clerk, RBI and other banking exams; LIC, EPFO, FCI & other PSU exams; CDS, CAPF and other defense services exams; GPSC, MPPCS, RPSC & other State PCS services exams with Indian Economy, Budget, Banking, Public Finance in its syllabus- with descriptive questions and answer writing.
