🟠 Topic 71: LPG Reforms – Liberalisation, Privatisation, Globalisation 📖 Explanation (1000+ Words) 📌 Introduction The LPG Reforms — Liberalisation, Privatisation, and Globalisation — mark the watershed moment in India’s economic history. Triggered...

  🟠 Topic 70: Currency Depreciation, Devaluation, and Appreciation 📌 Introduction The value of a currency plays a pivotal role in shaping a country’s economic competitiveness, trade balance, inflation levels, and foreign investment flows....

  🟠 Topic 69: Forex Reserves & Trends 📌 Introduction Forex Reserves are a vital economic indicator, reflecting the external financial strength of a nation. These reserves act as a buffer against external shocks,...

  🟠 Topic 68: Foreign Direct Investment (FDI) & Foreign Portfolio Investment (FPI) – Trends & Policies 📌 Introduction Foreign Direct Investment (FDI) and Foreign Portfolio Investment (FPI) are two key sources of external...

  🟠 Topic 67: Free Trade Agreements (FTAs), Preferential Trade Agreements (PTAs) 📌 Introduction Free Trade Agreements (FTAs) and Preferential Trade Agreements (PTAs) are vital instruments of economic diplomacy used by countries to enhance...

  🟠 Topic 66: WTO & India’s Trade Policy 📌 Introduction The World Trade Organization (WTO) is the global body that governs international trade rules, ensuring free, fair, and predictable trade flows between nations....

  🟠 Topic 65: Foreign Trade Policy & Export Promotion Schemes 📌 Introduction India’s Foreign Trade Policy (FTP) is a strategic document that outlines the government’s approach to promote exports, rationalize imports, and enhance...

  🟠 Topic 65: Foreign Trade Policy & Export Promotion Schemes 📌 Introduction India’s Foreign Trade Policy (FTP) is a strategic document that outlines the government’s approach to promote exports, rationalize imports, and enhance...

  🟠 Topic 64: Exchange Rate – Types & Determination 📌 Introduction The exchange rate is one of the most critical economic indicators for any country. It reflects the value of a nation’s currency...

🟠 Topic 63: Balance of Payments – Current & Capital Account 📌 Introduction The Balance of Payments (BoP) is a comprehensive record of a country’s economic transactions with the rest of the world over...