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IE-IFS Capsule Cards FREE An Overview of Indian Eco…
How does the World Bank classify the Indian economy?
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Lower-middle income economy based on per capita income.
Continuation:
As of 2019, India's PCI was $1891. Economies are grouped into Low, Lower-Middle, Upper-Middle, and High Income.
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535 Views
World Bank Economy Classification
An Overview of Indian Economy 535
WA 535
IE-IFS Capsule Cards FREE An Overview of Indian Eco…
What is India's global GDP ranking in terms of Purchasing Power Parity (PPP)?
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India is the 3rd largest economy in the world in terms of PPP.
Continuation:
Only USA and China are ahead of India in GDP PPP (as per 2021 data).
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449 Views
India's Global GDP Ranking (PPP)
An Overview of Indian Economy 449
WA 449
IE-IFS Capsule Cards FREE An Overview of Indian Eco…
Who coined the term 'Hindu Rate of Growth' and what does it mean?
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Prof. Raj Krishna coined it to describe the slow 3.5% annual growth rate.
Continuation:
This refers to India's planned economy's low growth from the 1950s to 1980s.
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350 Views
Hindu Rate of Growth
An Overview of Indian Economy 350
WA 350
IE-IFS Capsule Cards FREE An Overview of Indian Eco…
What were 'Home Charges' during the British control of India?
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Colonial government's official transfers of monies to the United Kingdom.
Continuation:
Included dividends to EIC shareholders, interest on loans, and pensions of British officers.
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258 Views
Home Charges in British Era
An Overview of Indian Economy 258
WA 258
IE-IFS Capsule Cards PRO Para Banking and Financia…
Banks offering PMS must keep customer funds completely separate from the bank's assets. What is the minimum tenure for accepting portfolio funds?
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210 Views
Portfolio Management Services (PMS) Rules
Para Banking and Financial Services Provided by Banks 210
WA 210
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IE-IFS Capsule Cards FREE Evolution of Indian Econo…
Which sector suffered the most severe contraction during the COVID-19 pandemic?
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Contact-intensive services, trade, hotels, and transport sectors.
Continuation:
Conversely, Agriculture remained robust and resilient due to exemptions from lockdown restrictions.
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208 Views
COVID-19 Economic Impact
Evolution of Indian Economy & Structural Changes 208
WA 208
IE-IFS Capsule Cards FREE An Overview of Indian Eco…
Who published the first estimates of national income in India?
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Dadabhai Naoroji in his book 'Poverty and Un-British Rule in India'.
Continuation:
He estimated the per capita income at Rs. 20 per annum at current prices for 1867-1868.
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200 Views
First National Income Estimates
An Overview of Indian Economy 200
WA 200
IE-IFS Capsule Cards PRO Para Banking and Financia…
Banks can act as agents for Mutual Fund companies to sell their products. What strict restriction applies to the bank regarding the purchase of these units?
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194 Views
Bank as a Mutual Fund Agent
Para Banking and Financial Services Provided by Banks 194
WA 194
IE-IFS Capsule Cards FREE Para Banking and Financia…
Banks can undertake factoring services either departmentally or through a subsidiary. If done departmentally, what type of recourse is permitted?
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Departmental factoring services can be provided with recourse OR on a limited/without recourse basis, subject to a Board-approved policy.
Continuation:
The exposure is reckoned on the assignor for with-recourse factoring, and on the debtor for without-recourse factoring.
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183 Views
Factoring Services by Banks
Para Banking and Financial Services Provided by Banks 183
WA 183
IE-IFS Capsule Cards FREE Evolution of Indian Econo…
What are the three major economic shocks India faced in the last four decades?
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1991 BoP crisis, 2008 global financial crisis, and COVID-19 pandemic.
Continuation:
These shocks led to major structural shifts, reforms, and changes in growth trajectories.
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171 Views
Three Major Economic Shocks
Evolution of Indian Economy & Structural Changes 171
WA 171
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IE-IFS Capsule Cards FREE Para Banking and Financia…
Banks can undertake Primary Dealership (PD) business via a subsidiary. What is the Minimum Net Owned Fund (NOF) requirement for this subsidiary?
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The minimum Net Owned Fund (NOF) required for a Primary Dealership subsidiary is Rs 1,000 crores.
Continuation:
Additionally, they must have a Minimum CRAR of 9% and Net NPAs of less than 3%, with a profit-making record for three years.
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168 Views
Primary Dealership Eligibility (NOF)
Para Banking and Financial Services Provided by Banks 168
WA 168
IE-IFS Capsule Cards PRO Para Banking and Financia…
Banks offer referral services, passing client leads to third parties for a fee. What type of products can they refer, and what is the key condition?
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155 Views
Referral Services Restrictions
Para Banking and Financial Services Provided by Banks 155
WA 155
IE-IFS Capsule Cards PRO Para Banking and Financia…
Banks are permitted to undertake Pension Fund Management. Can this specific service be offered directly by the bank departmentally?
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154 Views
Pension Fund Management Restriction
Para Banking and Financial Services Provided by Banks 154
WA 154
IE-IFS Capsule Cards PRO Para Banking and Financia…
To provide formal Investment Advisory Services, how must a bank structure this business under RBI rules?
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154 Views
Investment Advisory Services (IAS)
Para Banking and Financial Services Provided by Banks 154
WA 154
IE-IFS Capsule Cards FREE An Overview of Indian Eco…
According to Angus Maddison, what was India and China's global GDP share in 1000 AD?
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India and China together contributed 50.5% of the global GDP.
Continuation:
By 1947, British colonialism had reduced India's share to less than 3%.
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146 Views
Angus Maddison Database Insights
An Overview of Indian Economy 146
WA 146
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IE-IFS Capsule Cards PRO Para Banking and Financia…
If a bank wants to set up a joint venture for an insurance business with risk participation (underwriting), what is the minimum net worth requirement?
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145 Views
Insurance Business Subsidiary Criteria
Para Banking and Financial Services Provided by Banks 145
WA 145
IE-IFS Capsule Cards PRO Para Banking and Financia…
Can a commercial bank directly act as an insurance broker without setting up a separate subsidiary?
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142 Views
Insurance Broking Departmentally
Para Banking and Financial Services Provided by Banks 142
WA 142
IE-IFS Capsule Cards FREE An Overview of Indian Eco…
Which sector currently dominates the Indian economy's GDP?
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The services (tertiary) sector has largely replaced the industrial sector.
Continuation:
Agriculture's share declined from 26.9% in 1990 to under 18%, while services grew to dominance.
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133 Views
Sectoral GDP Contribution Trend
An Overview of Indian Economy 133
WA 133
IE-IFS Capsule Cards FREE An Overview of Indian Eco…
What was the impact of the 1991 LPG reforms on economic growth?
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Growth reached 6.7% in the 8th plan and 7.6% in the 10th five-year plan.
Continuation:
Driven by Liberalisation, Privatisation, and Globalisation (LPG) policies, attracting foreign capital.
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129 Views
Post-1991 Reforms Growth
An Overview of Indian Economy 129
WA 129
IE-IFS Capsule Cards PRO Para Banking and Financia…
Banks are allowed to retail Government Securities to non-bank clients. What type of trading transaction is strictly forbidden in this retail process?
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126 Views
Retailing of Government Securities
Para Banking and Financial Services Provided by Banks 126
WA 126
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IE-IFS Capsule Cards FREE Evolution of Indian Econo…
How did India mitigate the effects of the 2008 global financial crisis?
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The government provided 3 stimulus packages totaling Rs. 1.86 lakh crore.
Continuation:
RBI also eased monetary conditions, injecting Rs 5.6 lakh crore into domestic/external liquidity.
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124 Views
2008 Global Financial Crisis Response
Evolution of Indian Economy & Structural Changes 124
WA 124
IE-IFS Capsule Cards FREE Evolution of Indian Econo…
What caused the rapid deindustrialisation of India in the 19th century?
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Decline of the Mughal Empire, uncompetitive textiles, and British trade policies.
Continuation:
British-backed commercialization was motivated by self-interest, harming local artisans.
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116 Views
Deindustrialisation under British Rule
Evolution of Indian Economy & Structural Changes 116
WA 116
IE-IFS Capsule Cards FREE Evolution of Indian Econo…
How did India's GDP recover in the year 2021-22 after the pandemic?
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The economy rebounded, achieving an estimated growth rate of 8.9%.
Continuation:
This followed a severe contraction of 6.6% in the previous year (2020-21) due to the first wave.
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113 Views
Post-COVID GDP Recovery
Evolution of Indian Economy & Structural Changes 113
WA 113
IE-IFS Capsule Cards PRO Fixed Income Markets – De…
If you hold a 5-year bond and a 20-year bond, which one's price will be affected more drastically if the RBI suddenly hikes interest rates?
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105 Views
Bond Theorem 3: Maturity & Sensitivity
Fixed Income Markets – Debt and Bond Markets 105
WA 105
IE-IFS Capsule Cards PRO Economic Planning in Indi…
What are the two core hubs reflecting NITI Aayog's primary responsibilities?
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90 Views
NITI Aayog Core Hubs
Economic Planning in India & NITI Aayog 90
WA 90
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IE-IFS Capsule Cards FREE Economic Planning in Indi…
When was NITI Aayog established and what did it replace?
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Established on January 1, 2015, replacing the Planning Commission.
Continuation:
Serves as the apex public policy Think Tank promoting cooperative federalism.
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87 Views
Establishment of NITI Aayog
Economic Planning in India & NITI Aayog 87
WA 87
IE-IFS Capsule Cards PRO Economic Planning in Indi…
What were the main objectives and growth rates of the First Plan (1951-1956)?
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84 Views
First Five-Year Plan
Economic Planning in India & NITI Aayog 84
WA 84
IE-IFS Capsule Cards PRO Fixed Income Markets – De…
The fixed income market revolves around government and corporate debt. What is a Government Security (G-Sec) and what risk profile does it carry?
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80 Views
Government Securities (G-Secs)
Fixed Income Markets – Debt and Bond Markets 80
WA 80
IE-IFS Capsule Cards PRO Fundamentals of Economics…
What is the Greek origin of the word 'Economics'?
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79 Views
Origin of Economics
Fundamentals of Economics, Microeconomics, and Macroeconomics and Types of Economies 79
WA 79
IE-IFS Capsule Cards PRO Sectors of the Indian Eco…
What economic activities constitute the Primary Sector?
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76 Views
Primary Sector Activities
Sectors of the Indian Economy 76
WA 76
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IE-IFS Capsule Cards PRO Supply and Demand
What is the Substitution Effect in demand?
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75 Views
Substitution Effect
Supply and Demand 75
WA 75
IE-IFS Capsule Cards PRO Economic Planning in Indi…
Which economic model was the Second Five-Year Plan (1956-1961) based on?
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72 Views
Second Five-Year Plan Model
Economic Planning in India & NITI Aayog 72
WA 72
IE-IFS Capsule Cards PRO Economic Planning in Indi…
When was 'indicative planning' formally introduced in India?
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70 Views
Indicative Planning Introduction
Economic Planning in India & NITI Aayog 70
WA 70
IE-IFS Capsule Cards PRO Fixed Income Markets – De…
The RBI permits trading in Central Government securities before they are actually issued. What is this specific market called?
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69 Views
'When Issued' Market
Fixed Income Markets – Debt and Bond Markets 69
WA 69
IE-IFS Capsule Cards PRO Fixed Income Markets – De…
Who are the major institutional players registered with the RBI specifically to purchase and sell government securities directly from RBI and resell them?
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67 Views
Primary Dealers (PDs)
Fixed Income Markets – Debt and Bond Markets 67
WA 67
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IE-IFS Capsule Cards PRO Foreign Exchange Markets …
The Indian forex market began developing significantly after 1978. What critical permission did the RBI grant to banks in 1978 to boost this market?
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67 Views
Evolution of Indian Forex Market
Foreign Exchange Markets (IE-IFS) 67
WA 67
IE-IFS Capsule Cards PRO Economic Planning in Indi…
During which Five-Year Plan was the slogan 'Garibi Hatao' introduced?
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67 Views
Garibi Hatao Campaign
Economic Planning in India & NITI Aayog 67
WA 67
IE-IFS Capsule Cards PRO Mutual Funds
The mutual fund industry in India started in 1963. Which was the very first mutual fund established by an Act of Parliament and who initiated it?
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66 Views
Evolution - Phase I (UTI)
Mutual Funds 66
WA 66
IE-IFS Capsule Cards PRO Fixed Income Markets – De…
When interest rates fluctuate, the price of a bond changes. Is the magnitude of a price increase the same as a price decrease for an identical percentage change in yield?
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66 Views
Bond Theorem 2: Price Volatility Symmetry
Fixed Income Markets – Debt and Bond Markets 66
WA 66
IE-IFS Capsule Cards PRO Fundamentals of Economics…
What is the primary study focus of Microeconomics?
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65 Views
Microeconomics Focus
Fundamentals of Economics, Microeconomics, and Macroeconomics and Types of Economies 65
WA 65
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IE-IFS Capsule Cards PRO Economic Planning in Indi…
What are the three key sources of funds available for funding Economic Plans?
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65 Views
Funding Economic Plans
Economic Planning in India & NITI Aayog 65
WA 65
IE-IFS Capsule Cards PRO Fixed Income Markets – De…
Bond valuation is heavily dependent on the movement of market interest rates. What is the relationship between the price of a bond and its yield (interest rate)?
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64 Views
Bond Theorem 1: Price vs Yield
Fixed Income Markets – Debt and Bond Markets 64
WA 64
IE-IFS Capsule Cards PRO Fixed Income Markets – De…
Dated Government securities have a long tenure compared to money market instruments. What is the maximum maturity period for which dated G-Secs are typically issued?
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63 Views
Maturity of Dated G-Secs
Fixed Income Markets – Debt and Bond Markets 63
WA 63
IE-IFS Capsule Cards PRO Foreign Exchange Markets …
Authorised dealers in India must follow specific operational rules. Which Self-Regulatory Organisation (SRO), established in 1958, sets these rules?
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63 Views
FEDAI Role and Functions
Foreign Exchange Markets (IE-IFS) 63
WA 63
IE-IFS Capsule Cards PRO Climate change, Sustainab…
What specific global crisis does SDG 13 address?
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63 Views
SDG Goal 13 Focus
Climate change, Sustainable Development Goals (SDGs) 63
WA 63
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IE-IFS Capsule Cards PRO Micro Finance Institution…
What are the three historical phases of microfinance evolution in India, and what major developmental institutions emerged during the second phase?
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62 Views
Evolution of Microfinance
Micro Finance Institutions 62
WA 62
IE-IFS Capsule Cards PRO Foreign Trade Policy, For…
How did the FTP 2015-20 boost the procurement of domestic capital goods?
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62 Views
EPCG Scheme Benefit
Foreign Trade Policy, Foreign Investments and Economic Development 62
WA 62
IE-IFS Capsule Cards PRO International Economic Or…
What are the five international organizations that make up the World Bank Group?
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62 Views
World Bank Group Institutions
International Economic Organizations (World Bank, IMF, etc.) 62
WA 62
IE-IFS Capsule Cards PRO Foreign Exchange Markets …
The London Inter Bank Offered Rate (LIBOR) was historically the premier global benchmark rate. Why was the decision made to phase it out by December 2021?
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61 Views
LIBOR Transition
Foreign Exchange Markets (IE-IFS) 61
WA 61
IE-IFS Capsule Cards PRO Economic Reforms
Why were Debt Recovery Tribunals (DRTs) established during the first phase of reforms?
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Debt Recovery Tribunals (DRT)
Economic Reforms 61
WA 61
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IE-IFS Capsule Cards PRO Fundamentals of Economics…
What are the three fundamental questions every society must answer?
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61 Views
Three Economic Problems
Fundamentals of Economics, Microeconomics, and Macroeconomics and Types of Economies 61
WA 61
IE-IFS Capsule Cards PRO Sectors of the Indian Eco…
What is the main function of the Secondary Sector?
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61 Views
Secondary Sector Focus
Sectors of the Indian Economy 61
WA 61
IE-IFS Capsule Cards PRO Economic Planning in Indi…
Who chairs the Governing Council of NITI Aayog?
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61 Views
NITI Aayog Chairman
Economic Planning in India & NITI Aayog 61
WA 61
IE-IFS Capsule Cards PRO Fixed Income Markets – De…
While the Central Government issues both short-term T-bills and long-term dated securities, what are the debt instruments issued by State Governments called?
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60 Views
State Development Loans (SDLs)
Fixed Income Markets – Debt and Bond Markets 60
WA 60
IE-IFS Capsule Cards PRO Interconnectedness of Mar…
Traditionally, banks managed forex and domestic money markets in separate silos. What is the modern approach called where these functions are merged?
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60 Views
Integrated Treasury Operations
Interconnectedness of Markets and Market Dynamics 60
WA 60
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IE-IFS Capsule Cards PRO Merchant Banking Services
Which foreign bank is credited with formally initiating merchant banking activities in the Indian capital markets in 1967?
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First Merchant Bank in India
Merchant Banking Services 60
WA 60
IE-IFS Capsule Cards PRO Climate change, Sustainab…
How did the RBI incentivize renewable energy via banking channels?
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60 Views
RBI and Renewable Energy PSL
Climate change, Sustainable Development Goals (SDGs) 60
WA 60
IE-IFS Capsule Cards PRO Fundamentals of Economics…
How did Adam Smith define Economics?
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60 Views
Adam Smith's Definition
Fundamentals of Economics, Microeconomics, and Macroeconomics and Types of Economies 60
WA 60
IE-IFS Capsule Cards PRO Role of Priority Sector a…
What does the Credit Guarantee Fund Trust for Micro & Small Enterprises do?
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60 Views
CGTMSE Scheme
Role of Priority Sector and MSME in the Indian Economy 60
WA 60
IE-IFS Capsule Cards PRO Merchant Banking Services
Merchant bankers handle highly confidential company data. What strict prohibition does SEBI place on them regarding securities trading?
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59 Views
Insider Trading Prohibition
Merchant Banking Services 59
WA 59
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IE-IFS Capsule Cards PRO Para Banking and Financia…
Can a scheduled commercial bank offer broking services for the commodity derivatives segment directly to its customers?
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58 Views
Commodity Derivatives Broking
Para Banking and Financial Services Provided by Banks 58
WA 58
IE-IFS Capsule Cards PRO Real Estate Investment Tr…
What are the three primary management entities involved in the organizational set-up of a standard REIT?
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58 Views
REIT 3-Tier Structure
Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) 58
WA 58
IE-IFS Capsule Cards PRO Venture Capital
New, innovative startups often struggle to secure traditional bank loans. What is the institutional financing designed specifically for these high-risk entities?
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58 Views
Venture Capital Definition
Venture Capital 58
WA 58
IE-IFS Capsule Cards PRO Foreign Exchange Markets …
With LIBOR discontinued, central banks introduced country-specific Alternate Reference Rates. What are the ARRs for the USA, UK, and the Eurozone?
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58 Views
Alternate Reference Rates (ARRs)
Foreign Exchange Markets (IE-IFS) 58
WA 58
IE-IFS Capsule Cards PRO Merchant Banking Services
SEBI classifies Merchant Bankers into four categories. What specific activities is a 'Category I Merchant Bank' uniquely authorized to perform?
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58 Views
Category I Merchant Banker
Merchant Banking Services 58
WA 58
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IE-IFS Capsule Cards PRO Infrastructure including …
What are the recent government initiatives to boost telecom infrastructure?
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58 Views
Telecom FDI and PLI Scheme
Infrastructure including Social Infrastructure 58
WA 58
IE-IFS Capsule Cards PRO Issues facing Indian Econ…
What were the Planning Commission's 2011-12 estimates for poverty in India?
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58 Views
Planning Commission Poverty Estimates
Issues facing Indian Economy 58
WA 58
IE-IFS Capsule Cards PRO Economic Planning in Indi…
Which period is known as the 'Plan Holiday' in Indian economic history?
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58 Views
Plan Holiday
Economic Planning in India & NITI Aayog 58
WA 58
IE-IFS Capsule Cards PRO Fixed Income Markets – De…
Assume two bonds have the exact same 10-year maturity, but Bond A pays a 4% coupon and Bond B pays an 8% coupon. Which is more sensitive to rate changes?
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57 Views
Bond Theorem 4: Coupon & Sensitivity
Fixed Income Markets – Debt and Bond Markets 57
WA 57
IE-IFS Capsule Cards PRO Fixed Income Markets – De…
RBI conducts auctions for G-Secs. In a 'Uniform Price' auction, what price do all successful bidders pay?
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57 Views
G-Sec Auctions: Uniform vs Multiple Price
Fixed Income Markets – Debt and Bond Markets 57
WA 57
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IE-IFS Capsule Cards PRO Fixed Income Markets – De…
A G-Sec issued by the central government has a specific naming convention. What does '7.85 GOI 2028' indicate?
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57 Views
G-Sec Nomenclature Example
Fixed Income Markets – Debt and Bond Markets 57
WA 57
IE-IFS Capsule Cards PRO Interconnectedness of Mar…
Domestic capital markets are deeply interconnected with international financial centers. Which major US stock index does the Indian NIFTY 50 closely track?
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57 Views
Global Equity Coupling
Interconnectedness of Markets and Market Dynamics 57
WA 57
IE-IFS Capsule Cards PRO Merchant Banking Services
To ensure financial stability, SEBI enforces Capital Adequacy Norms for merchant banks. What is the minimum net worth required for a Category I Merchant Bank?
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57 Views
Category I Net Worth Requirement
Merchant Banking Services 57
WA 57
IE-IFS Capsule Cards PRO Micro Finance Institution…
To be classified as an NBFC-MFI under the latest RBI guidelines, what minimum percentage of total assets must be 'qualifying assets' (microfinance)?
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Qualifying Assets for NBFC-MFI
Micro Finance Institutions 57
WA 57
IE-IFS Capsule Cards PRO Foreign Trade Policy, For…
What defines the 'Automatic Route' for Foreign Direct Investment (FDI)?
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57 Views
FDI Automatic Route
Foreign Trade Policy, Foreign Investments and Economic Development 57
WA 57
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IE-IFS Capsule Cards PRO Fundamentals of Economics…
What does Macroeconomics primarily deal with?
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57 Views
Macroeconomics Focus
Fundamentals of Economics, Microeconomics, and Macroeconomics and Types of Economies 57
WA 57
IE-IFS Capsule Cards PRO Sectors of the Indian Eco…
How does agriculture's employment share contrast with its GDP share?
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Agri Employment vs GDP
Sectors of the Indian Economy 57
WA 57
IE-IFS Capsule Cards PRO Para Banking and Financia…
Venture Capital involves high risk. What is the regulatory requirement if a bank wishes to make a strategic investment of >10% in a VC Fund?
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Venture Capital Investments by Banks
Para Banking and Financial Services Provided by Banks 56
WA 56
IE-IFS Capsule Cards PRO Venture Capital
Venture capital financing is divided into stages. What happens during the 'Seed Capital Stage' (the earliest phase)?
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Seed Capital Stage
Venture Capital 56
WA 56
IE-IFS Capsule Cards PRO Foreign Exchange Markets …
The Foreign Exchange Management Act (FEMA) replaced the Foreign Exchange Regulation Act (FERA) on June 1, 2000. What was the core philosophical shift?
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FEMA 1999 vs FERA 1973
Foreign Exchange Markets (IE-IFS) 56
WA 56
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JAIIB IE-IFS Capsule Cards 2026

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World Bank Economy Classification How does the World Bank classify the Indian economy? India's Global GDP Ranking (PPP) What is India's global GDP ranking in terms of Purchasing Power Parity (PPP)? Hindu Rate of Growth Who coined the term 'Hindu Rate of Growth' and what does it mean? Home Charges in British Era What were 'Home Charges' during the British control of India? Portfolio Management Services (PMS) Rules Banks offering PMS must keep customer funds completely separate from the bank's assets. What is the mini… COVID-19 Economic Impact Which sector suffered the most severe contraction during the COVID-19 pandemic? First National Income Estimates Who published the first estimates of national income in India? Bank as a Mutual Fund Agent Banks can act as agents for Mutual Fund companies to sell their products. What strict restriction applie… Factoring Services by Banks Banks can undertake factoring services either departmentally or through a subsidiary. If done department… Three Major Economic Shocks What are the three major economic shocks India faced in the last four decades? Primary Dealership Eligibility (NOF) Banks can undertake Primary Dealership (PD) business via a subsidiary. What is the Minimum Net Owned Fun… Referral Services Restrictions Banks offer referral services, passing client leads to third parties for a fee. What type of products ca… Pension Fund Management Restriction Banks are permitted to undertake Pension Fund Management. Can this specific service be offered directly… Investment Advisory Services (IAS) To provide formal Investment Advisory Services, how must a bank structure this business under RBI rules? Angus Maddison Database Insights According to Angus Maddison, what was India and China's global GDP share in 1000 AD? Insurance Business Subsidiary Criteria If a bank wants to set up a joint venture for an insurance business with risk participation (underwritin… Insurance Broking Departmentally Can a commercial bank directly act as an insurance broker without setting up a separate subsidiary? Sectoral GDP Contribution Trend Which sector currently dominates the Indian economy's GDP? Post-1991 Reforms Growth What was the impact of the 1991 LPG reforms on economic growth? Retailing of Government Securities Banks are allowed to retail Government Securities to non-bank clients. What type of trading transaction… 2008 Global Financial Crisis Response How did India mitigate the effects of the 2008 global financial crisis? Deindustrialisation under British Rule What caused the rapid deindustrialisation of India in the 19th century? Post-COVID GDP Recovery How did India's GDP recover in the year 2021-22 after the pandemic? Bond Theorem 3: Maturity & Sensitivity If you hold a 5-year bond and a 20-year bond, which one's price will be affected more drastically if the… NITI Aayog Core Hubs What are the two core hubs reflecting NITI Aayog's primary responsibilities? Establishment of NITI Aayog When was NITI Aayog established and what did it replace? First Five-Year Plan What were the main objectives and growth rates of the First Plan (1951-1956)? Government Securities (G-Secs) The fixed income market revolves around government and corporate debt. What is a Government Security (G-… Origin of Economics What is the Greek origin of the word 'Economics'? Primary Sector Activities What economic activities constitute the Primary Sector? Substitution Effect What is the Substitution Effect in demand? Second Five-Year Plan Model Which economic model was the Second Five-Year Plan (1956-1961) based on? Indicative Planning Introduction When was 'indicative planning' formally introduced in India? 'When Issued' Market The RBI permits trading in Central Government securities before they are actually issued. What is this s… Primary Dealers (PDs) Who are the major institutional players registered with the RBI specifically to purchase and sell govern… Evolution of Indian Forex Market The Indian forex market began developing significantly after 1978. What critical permission did the RBI… Garibi Hatao Campaign During which Five-Year Plan was the slogan 'Garibi Hatao' introduced? Evolution - Phase I (UTI) The mutual fund industry in India started in 1963. Which was the very first mutual fund established by a… Bond Theorem 2: Price Volatility Symmetry When interest rates fluctuate, the price of a bond changes. Is the magnitude of a price increase the sam… Microeconomics Focus What is the primary study focus of Microeconomics? Funding Economic Plans What are the three key sources of funds available for funding Economic Plans? Bond Theorem 1: Price vs Yield Bond valuation is heavily dependent on the movement of market interest rates. What is the relationship b… Maturity of Dated G-Secs Dated Government securities have a long tenure compared to money market instruments. What is the maximum… FEDAI Role and Functions Authorised dealers in India must follow specific operational rules. Which Self-Regulatory Organisation (… SDG Goal 13 Focus What specific global crisis does SDG 13 address? Evolution of Microfinance What are the three historical phases of microfinance evolution in India, and what major developmental in… EPCG Scheme Benefit How did the FTP 2015-20 boost the procurement of domestic capital goods? World Bank Group Institutions What are the five international organizations that make up the World Bank Group? LIBOR Transition The London Inter Bank Offered Rate (LIBOR) was historically the premier global benchmark rate. Why was t… Debt Recovery Tribunals (DRT) Why were Debt Recovery Tribunals (DRTs) established during the first phase of reforms? Three Economic Problems What are the three fundamental questions every society must answer? Secondary Sector Focus What is the main function of the Secondary Sector? NITI Aayog Chairman Who chairs the Governing Council of NITI Aayog? State Development Loans (SDLs) While the Central Government issues both short-term T-bills and long-term dated securities, what are the… Integrated Treasury Operations Traditionally, banks managed forex and domestic money markets in separate silos. What is the modern appr… First Merchant Bank in India Which foreign bank is credited with formally initiating merchant banking activities in the Indian capita… RBI and Renewable Energy PSL How did the RBI incentivize renewable energy via banking channels? Adam Smith's Definition How did Adam Smith define Economics? CGTMSE Scheme What does the Credit Guarantee Fund Trust for Micro & Small Enterprises do? Insider Trading Prohibition Merchant bankers handle highly confidential company data. What strict prohibition does SEBI place on the… Commodity Derivatives Broking Can a scheduled commercial bank offer broking services for the commodity derivatives segment directly to… REIT 3-Tier Structure What are the three primary management entities involved in the organizational set-up of a standard REIT? Venture Capital Definition New, innovative startups often struggle to secure traditional bank loans. What is the institutional fina… Alternate Reference Rates (ARRs) With LIBOR discontinued, central banks introduced country-specific Alternate Reference Rates. What are t… Category I Merchant Banker SEBI classifies Merchant Bankers into four categories. What specific activities is a 'Category I Merchan… Telecom FDI and PLI Scheme What are the recent government initiatives to boost telecom infrastructure? Planning Commission Poverty Estimates What were the Planning Commission's 2011-12 estimates for poverty in India? Plan Holiday Which period is known as the 'Plan Holiday' in Indian economic history? Bond Theorem 4: Coupon & Sensitivity Assume two bonds have the exact same 10-year maturity, but Bond A pays a 4% coupon and Bond B pays an 8%… G-Sec Auctions: Uniform vs Multiple Price RBI conducts auctions for G-Secs. In a 'Uniform Price' auction, what price do all successful bidders pay? G-Sec Nomenclature Example A G-Sec issued by the central government has a specific naming convention. What does '7.85 GOI 2028' ind… Global Equity Coupling Domestic capital markets are deeply interconnected with international financial centers. Which major US… Category I Net Worth Requirement To ensure financial stability, SEBI enforces Capital Adequacy Norms for merchant banks. What is the mini… Qualifying Assets for NBFC-MFI To be classified as an NBFC-MFI under the latest RBI guidelines, what minimum percentage of total assets… FDI Automatic Route What defines the 'Automatic Route' for Foreign Direct Investment (FDI)? Macroeconomics Focus What does Macroeconomics primarily deal with? Agri Employment vs GDP How does agriculture's employment share contrast with its GDP share? Venture Capital Investments by Banks Venture Capital involves high risk. What is the regulatory requirement if a bank wishes to make a strate… Seed Capital Stage Venture capital financing is divided into stages. What happens during the 'Seed Capital Stage' (the earl… FEMA 1999 vs FERA 1973 The Foreign Exchange Management Act (FEMA) replaced the Foreign Exchange Regulation Act (FERA) on June 1…
Chapters in this paper
Micro Finance Institutions Non-Banking Financial Companies (NBFCs) Fixed Income Markets – Debt and Bond Markets Interconnectedness of Markets and Market Dynamics Merchant Banking Services Foreign Exchange Markets (IE-IFS) Factoring, Forfaiting and Trade Receivables Discounting System (TReDS) Venture Capital Lease Finance and Hire Purchase Credit Rating and Credit Scoring Pension Products Para Banking and Financial Services Provided by Banks Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) An Overview of Indian Economy Fundamentals of Economics, Microeconomics, and Macroeconomics and Types of Economies Indian Financial System – An Overview
Modules in IE-IFS
MODULE A: Indian Economic Architecture MODULE B: Economic Concepts Related to Banking MODULE C: Indian Financial Architecture MODULE D: Financial Products & Services
JAIIB papers
IE-IFS — Indian Economy & Indian Financial System PPB — Principles & Practices of Banking AFM — Accounting & Financial Management for Bankers RBWM — Retail Banking & Wealth Management
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