May 2021

(GS PAPER-3, ECONOMY SOURCE- FINANCIAL TIMES) Context: According to the International Monetary Fund (IMF), Emerging-market nations’ struggle to move out of covid-19 pandemic-induced economic crisis can hurt developed nations. It said, the crisis...

GS PAPER- 3 ECONOMY SOURCE- ARTHAPEDIA CONTEXT- The base effect refers to the impact of the rise in price level (i.e. last year's inflation) in the previous year over the corresponding rise in...