(b) (i) They can enable transfers and remittance through mobile phones. The RBI guidelines say that the payments bank cannot undertake lending activities.
(ii) Mobile phone companies and supermarket eligible. But,...
(d) The purpose of Directive Principles of State Policy is to establish the social and economic democracy. Political democracy is established by the Fundamental Rights.
(b) In 1999, the IMF established the Poverty Reduction and Growth Facility (PRGF) to make the objectives of poverty reduction and growth more central to lending operations in its poorest...
(c) In this passage the author wants to convey that the best way to ensure the prosperity and further economic growth of the nation is by implementing inclusive growth where...
In actual life, democracies do not appear to be reducing inequalities.
(i) The poor constitute a large proportion of our voters and no party likes to lose their votes, yet...
In order to alleviate poverty, government has adopted the following three dimensional approaches:
(i) Trickle-down Approach- This approach is based on the expectation that the positive effects of economic growth will...
