Sunday, December 3, 2017

Concepts in a Nutshell

Bail - out

    It refers to the resolution of a stressed company generally by a government with tax-payers money. 

Bail-in


    It is the resolution of a stressed company from within. It avoids using tax-payers money to bail out businesses.It is the shareholders and creditors themselves who take a hit on their capital.

National Capital Territory

     It is the name given to the union territory of Delhi under Article 239AA of the Constitution, as amended by the 69th Amendment,1991.

National Capital Region

    It is a planning region comprising the NCT of Delhi and the adjoining areas of Haryana, Uttar Pradesh and Rajasthan.

Purchasing Managers Index

   It is an index which is constructed from responses given by purchasing managers of businesses.It involves a questionnaire on business prospects this month in contrast with business activity previous month. Out of the three options (better, no change, and worse), one is ticked by purchasing managers. A score above 50 is considered positive, while that below 50 is seen as negative.

  PMI is a lead indicator of economic health, as it hints at possible changes in economic outlook, as against a lag indicator like GDP data which measures actual change after it happens.

National Family Health Survey

   It is a survey conducted across India to gather data on various health and family welfare metrics. International Institute for Population Studies, Mumbai, is the nodal agency for this survey. Beginning with 1992-93, a total of four rounds of NFHS were conducted so far including the latest one in 2015-16. 







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