Win21 Series: Economy Updates A 1 + RBI’s monetary policy gue wa A-2 + CRR, SLR, Repo ete mB Bei iassification of Banks-NBFC eat er + Burning issues in Banking sector = B-2 _ * NPA, IBC, BASEL... * Money: barter to Bitcoin asi we see this (mm ‘Audio/Video Problem? Se) a Oe 6) HRD.Objective of Mrunal’s Economy Win21 series= Budget 2021+ Economic Survey 2021+ Eco-CA from Oct’20 onwards te ant no Po eg oy (eaagn, pricey ren omen air aa a aoe ee Should | sit in ane ‘Shd see V4 se St (Be 7 Road 2 es CoOL OLS pa IfA/V stuck Press Ctrl Rid incl. 100+hrs of live lecture, 700+ pages of revision friendly handouts targeting for Pre+Mait starting from 18 Feb 2021 to May, night 9PM Thursday2Sunday @Unacademy Teg LC PAUys o exam as well FREE Win21CSP Economy Series Btrom 16" Feb, 9pm eesWin21 Series Lecture#1: Overview of Economic Survey 2021 https: //www.unacademy.com/a/mrunals-economy-win21csp-upsc_ bay [DATE IME Tite Fiuesday February PM * Today we are going IMrunat's [Wind1CSP] Economy - Gist of Economie ‘Survey fivesday [2S Februsry PM IMrunat [Wind1CSP] Economy PUIar#IA: RBIs IMonetary Policy, Repo, PSL. Cryptocurrency & other lopdates to study this fiuesday [mh March PM IMrunat's[Win21CSP] Economy Pillar#B: Banking & INBFC Sector burning issues updates juesday [ard March PPM IMrunat's[Win21CSP] Economy Pillar#iCED: Share market, pension & insurance schemes updates Ficeeday [ah Apri fom (Mruna's[Win2ICSP] Economy Pillar82 Budget, Taxation, Ith FC Report#2, GST compensation, [isinvesiment FREM updates. fivesday [20mm Apr PM IMrnat's[Win21CSP] Economy PillarR3 International trade, BoP, CAD. summits, agreements fivesday_|ahMay fw IMrunat's(Win21CSP] Economy Pilar#4AGB /Agriculture manufacturing service sector updates fivesday etn ay fw IMrunat's[Win21CSP] Economy Pillar#4C: GDP, lnfation, unemployment, V-shaped Recovery, lupdates fivesday [ist June PM fivesday —|athJune PM IMrunats [Wind CSP] Economy Pilaras: Infrastructure- Energy, Transport, Communica eer Poe updates puncture IMrunat's[win21CSP] Economy Pilar#6: Huma sacielierabareoasiaas Iesource development Index, Report, Schemes, Ses lupdatesaA Economic survey 2020-21 has designed a Bare y NTT OM MUST) ORT to) dimensions. Which of the following dimensions is OTR Nero ere A. Water and Sanitation B. Housing C. Ownership of Land and Cattle DMV itece sn Cit fm] » Ee »5) other facilities: Kitchen type, fuel type. 4) micro- environment a ued ae : 1) water 2) sanitation 3) housing TURE - tea erasTry this Economic survey 2020-21 has designed a Bare , NTT OM MUST) ORT to) dimensions. Which of the following dimensions is NO TRU erred A. Water and Sanitation B. Housing C. Ownership of Land and Cattle DRM itecm un Ct 100% Surety [J esTry this OP eet aL AAP w Ee Core (ec) Pe -3 for the Indian economy. LXE Ete) per economic survey 2020-21 el Answer Codes: ocr EU Rane anual key ~ Ur eae Mane c) Ais true but R is false e d) Ais false but R is true 3 Pisoxse PE 0 PoEconomic Growth — GDP Growth? & V-Shaped recovery? (sitétit af ez) yb] cae nes 2019 2020 Guu) Cee Leary Pom ea released annually before ere TURE tein cca BETry this Assertion) Economic survey 2020-21 has predicted a V-shaped recovery for the Indian economy. ET CMa ee eT TA = Pd ACEP EMC Cen red for India is estimated to be (+)7%, minus (-)4% and (+)11% for the years 2019,2020 and 2021 respectively. ONS Td els (os OCU Rn Ceri on rai E Ur eae n daar iM occ c) Ais true but R is false d) Ais false but R is true ese Prsoxsoey eg soso Cot) een rena Secu Prevents ts eosPillars of Economy % + Money: barter to Biteoin ssi we see this * RBI's monetary policy eae iF [) A-2 + CRR, SLR, Repo ete = i Bei assification of Banks-NBFC ect er ere + Burning issues in Banking sector : B-2 _ * NPA, IBC, BASEL... A 6) HRDaS aoe AOR ited et 8 1g La Tica CBU A CE Commodity | Metallic aC Oo WONT OT CER Ce ame eg (OTe CT blockchain 1) RBI’s new App 2) Coin museum digital I payment icibleh all TOT ee I Sek cS cca NEFT, MDR, Nilekani Pe ere Stable coin, UNICEF fundeM ACEC ACER Eee RUMI VAT) oe 1Cre BC Cee clic’ BankMoney, Crypto rata rae ry ara eyes g mee CT blockchain Iran new currency Toman digital Positive Pay Mechanism, NGTA, PIDF, Perpetual License, TEC Melicia aad2) Scanned image of cheque 1) Presenting branch retains physical cheque a frerens ta A Gal St em fear ae ae ar GIT ahaer a8 da ar ae aia ft ie & for at AT siz tm ft ae or For R Se Ga F fe so earTETSaal MU in CTS ic orders from 2021 Mrunal Patel estore Problem SelM eS re DOr ULeei' ime oe} ACCRUAL Ty Pec Solution SE ates a eeu SMEs ic iS al etre a Cn CCC RICE Coe eared eT OMA EM BU CU eC aUlioeg Se CRC ROR SRA Rares Pe OR CEA ProrcaadPositive Pay Mechanism for Cheques | 1) Before giving cheque to me, Roman will take its photo — 2) 1 Received cheque — submit —> SBI scans (CTS) to Axis. 3) Axis will cross- PAUL image ee Se RR Re RCE CR Race CO Serre ear ane rane asGSC AC CIA CSR COURS £4) Government’s banker (More in . Let's make a new Be PillariA2) software for this * G-Sec, T-Bill — arrange money for Dt Government Un eo (NGTA), 2020-Oct Control exchange rate (More in Pillar2) “i. * Buy / sell $$ and other foreign currency —™~— °*Gold reservesCEE uae Government's banker (More in iF si Pillar1A2) prer +6ee,-8m—sarange mover ec eC as aes eee eo (More A e a een SONS Rue ig + Buy / sell $$ and other foreign currency Inever prepare more than * Gold reserves pee 1) Will NGTA replace |] —_ what is given in their Official, ated 2) Will NGTA work DY oLer wey ler Le ‘ Ped aia Ree PAO a mua developing it? Ua SCL egMisc.Quick Response code: type of matrix barcode / 2d by Japan in early 90s n: So, RBI ordered all App makers to adopt 1. NPCi’s Bharat QR Code OR 2. NPCi's UPI QR Code Ginteral difference? Not imp interoperability © PayTM APP may not be able to scan Phonepe QR code. ——— Just 1 Word AssoNilekani Committee: @RBI should setup a Fund to Mec Fey A Peromoial sale (PoS) machine Puc Ur agi) Covel 29) Internet connection > Sere A) Give subsidy / assistance to cover these costs PU Ue ee aMule Le) (PIDF)Pillar#1A: Money: function and Evolution- what are the new updates? Metallic ra OT legal tender Commodity BankMoney, Crypto Money elves Mee CT blockchain Iran new currency Toman digital Positive Pay Mechanism, NGTA, PIDF, Pee errr Terre TEI Melia aac(or MO eee LCE em CTY] Proce ec VM Ot eRcll CCR OC Rg CoCreate files Offline — sync in google docs CAS RSG COM eRe Rcotl Creed Dae COSTAE URC eC ard CRS oeTE PTC Neem Ree Ce Urey eeriel Ce cy Rea; «a } iS 7 WAN ie SARS | qe r + | am | at Qs AGE: a IN SO Vee eR UR UTERINE ter = e aye POET UROL If offline / internet connectivity iit chee ta Sette ag Sl da Ht fetsiect WTA St Aa SAK es ag A geete ure] &t at online-sync OC ea OLPayment System Operators (PSOs) have to get license from RBI RBI Trey es acc IPCi (learned in previous section) ae Uy iva Cree . pale MasterCard, Visa, Rupay Coed) renee * Western Union, MoneyGram perenne CEENECLGM * AmazonPay, Mobikwik, Phonepe, een a PayU, PayT™M Wallet etc ried + In later segment ‘License vatiaity *5years Er rlucs Infrastructure * Clearing Corporation of India (CCI): Pid * @NOT Much IMP for our exam!AMR e ecu ur esd Oa ACE coal UGGS OcD) (v) Consume * Base Year 2018@100, then annual Centricity, 5: payments. growth measured in Digitisation of PEC GRC oR ua ACIS (iv) Payment (ii) Payment Performance. pee 'nfrastructure 45% Demand-side| factors, 10% (iii) Payment Infrastructure} POU yc sca Rune - Supply-side factors, 15% DS eso 1 ft r 2018 2019 2020pa —————— EU cas — Ey a Ser unioncae MCA R AUC ER IC Le- Cm UMA Ector Tee Ls LL FiatMoney |BankMoney, Crypto WNT OTN FER CUT ame (eg Currency CT blockchain Iran new currency Toman Colrie i Positive Pay Mechanism, NGTA, PIDF, China’s Digital C t offline Sync, Perpetual License, ibeliadsseasbederihlne chedPE Hic POH Ca CO GR ORIG WuRCACE ORR RRC «) Digital mining through computer eT NgSo me stom staff salar SS UT shares/bonds iECentral Bank Digital Currency (CBDC)/Sovereign Digital Fiat Money / Digital Base Money Investment in Supercomputer pe command shares/bonds [si aoe LL SASH transfer it to respective party BPE RUC agesCost of RBI + EE] Cost printing and transporting physical currency. ara aitz vitae ad tach 4 |National Security + [¥] Scope for counterfeiting & Terror Finance by Dawood & ISI. Traceability, [¥ Anonymity & Tax Evasion * Digital Banking > evading taxes will be difficult. * Since Bank accounts getting linked with PAN Card & Aadhar CardDST Uy re rad OMe Aart DUC De aCELE L BJP-ruled/TMC/DMK-ruled Sen eee me pension. Sa ea RR CeesW central Bank Digital Currency (CBDC) — Benefits — logical order Minor (71) benefit: Spread of virus + BaPhysical currency, @ Digital currency - ee ace that you're l'll write this minor point first, so evaluator can think Ulcer ea . UC MAJOR (a4) Benefits for economy — SS echt - 5 i . ENaC) ly £4 ° DATA: 8000cr printing cost y prioritize goals in ale, anes . nas, \ yiianioe@ oe * Printing, transporting, counterfeiting ers * Traceability, Promptness .... NO Retire Ly . COE(Were Bank Digital Currency (CBDC) — Demerits/Challenges wifeai igital Divide Access to gadgets, internet, electricity Financial Literacy * How to do e-banking/ m-banking Access Points + Not every village sh Cyber Terrorism/Nuclear Attack/ Natural Disaster. * If electronic equipment stops functioning —> economy will stopMisc updates on Bitcoins- self read from Win21 Handout paged CeO CUO CLE een td > i ] ala ] y zz } ru) | i 7) | mv | ae Cd OS A rie ca eae ates ened Le rey Iran new currency Toman Cc Lad Sau NGI ne Peller CirceLae Se @Night 9PM EaWorking Professional EdHomemakers! Mrunal.org For extra discount! @)Weekly Quiz with Ranking System to test yourself against others Mrunal's Weekly Quiz 1D Mudra to 2A Before GST Conducted on 2 20290900 9H © ssn somes soutien me wr scans aes emery ht ne pe ase gran eng "iitostonmnunet waststetaourg hs sees a Sepa erwmeyretetnts O cemmeeynetetnge © riseecons cmaame retinas Coupon Code WEL Re 4 TT21.5 CB: ED Minn ALrennare Tax (MAT: FORA SFP) Course Timing (aa dt zere) OS @3 + Live classes @9PM Night ax we es "+ soeven working professional can attend . wg 0000)» rcconsing available, if class missed Some tris tts toronto aprecit 0.00 | « Access via Mobile, Tablet, Laptop, PC . oe + Weekly Quiz with RANKING Course Medium (rez) + PPT & POF: English. With important terminologies ii fe eR MIELE RelianceUltimate GS Batches (Bilingual) bs Pathway to Crack UPSC CSE with India's Best Educator * Full Syllabus Coverage Pee eo tevav ear Oe lode lVio cele + Dedicated Doubt Clearing Sessions Oe Tc) aati dR aN Id OMe Talkta (Wad c1 os 1e-1 hola) Ultimate GS 6-Months Ultimate GS 1-Year Ultimate GS 2-Years bere eee Re belo opal eRe Olen 1 om bole coal Bom Oe 1 oe ee fo lye CSE 2023twa Cee ial ts pled ror St wey) Pas < RC i coi UPSC CSE (feat) SR Cc as SR eA DE ee CCR LD SRP Rea Es Roem cryExpedition 2021 6 Months Batch Course Expedition 2022 1 Year Batch Course Expedition 2023 2 Years Batch Course Complete GS Bat Course for UPS! Full Syllabus Coverage Top Educators Prelims Test Series with Analysis PDF Study Material Dedicated Doubt Clearing Sessions Interview PreparationsWonacademy ICONIC PRICE HIKE COMING SOON ICONIC SUBSCRIPTION ° ° ° ° ° ° ° Connect with your Personal Coach Mains Test series with evaluation Customise your Study Planner Attend Study Booster Sessions Be part of High-Intensity Workshops Practice Answer Writing daily Accelerate your preparation with Daily Content PecanSo pattern of coverage is like this Tee eee) mre 1-2-3-4-5-6 Then in next round 1-2-3-4-5-6 = al so, pillar6 ke end — } / Se pillar1 updates start EEEIran : Toman Currency Perce) Dt ree UCU ULC Cee (more on inflation in Pill4C) Exchange rate in Pill3A) ey Sad Ren This has been taught Pers) | ees Ee LC Oe Teco Pee As ae Pec} AL)1 box of egg= 2.5 lakh Iranian Riyal (more on inflation in Pill4C)Redenomination: drop zeros, issue new / modified currency < —} SEE => = ey aT eA CECA (ae) Ve * Instantly old currency is NOT BANNED.STO MCCUE CCM CST Cae LCL ¢ Annual salary (2.5 Riyal) = 1 box of egg ¢ Annual Salary (25 Toman) = 1 box of eggPillar#1: Money, Banking, Finance, Insurance Sal * Classification of Banks-NBFC a Ta UBC L ‘* Money: barter to Bitcoin + RBI's monetary policy * CRR, SLR, Repo etc + Burning issues in Banking sector + NPA, IBC, BASEL... + SEBI Sharemarket Eien ac * Insurance, Pension, Fin. InclusionBank Deposits in Corona Te Co CUM EMU Kal in lockdown panic, then [ 4 | with normalcy SEC Re MCR CoCo FoR echo Se Cone k iTCIS eS RCC RS Ce Cid mess) CO tae Raise OR Aelia TSS Cmre SOT LR LCi cont growth compared to previous year. Before looking athis graphs, understand one basic thing peE:) 113 pi] every year absolute snaguirt en 5 6 u cc} Cu nce)Cire eG COMMA eM NOL emsT AUN eee) ROI measure “absolute” but growth compared to previous year. 3) © Doesn't mean that boy’s height is [¥] 5 Bie att cc} Been ald i i) eee Cea) % height growth compared to last yearBank Deposits in Corona Tees Ea in lockdown panic, then [4 | with normalcy LREIAOLS LSI | This doesn’t necessarily mean that quantity of 22 in NY bemand=CASA banks ‘decreased’ [¥]. But ‘growth’ has [¥] Time= FDRD Deu Eon rice ec gucce | Time deposits (TD)NN CERSIICM OMICS] eye ALLO) GUS sel el AR RSS IG A ETN ara ee Eo keep some && we a with themselves for day to Ca = A lackmoney CE cos powered pia id surrendering — x% went in |] acret areit & fry aa oa Pee 2 fl Pare A RBl as Deposit ara oi att ean eae S % % Held by & Other Non-RBI org Deposits in (Public, a RBI [by aa — Banks, NBFC, public, govt, Govt etc) banks] BECTO SCFM CAC GE CR a RCo Lc a mmm 2) GG Importeris ul e109 el EER MORE unhappy...how to immediately adjust my -62.16 = Eres ee eS eating usiness model? Eradual mann, ina ong 2 aa SAM ae TTS ED rer mE at ha? SCE ORT eeea rio CE RCC CACO OBCIE LET Eee Clg Se oR ICR RU etc CAT volatility | will interfereCREO OU Wane Sa R Oe Ke cue AOL) STE LC) * Corona-2020: RBI bought $ (Why/How Ans. Pillar3: Current Erne ae Dealers (AD)Cece c oes Money Supply: MO SGOT SRC = Held by Other Non-RBI org Deposits in (Public, RBI [by Banks, NBFC, public, govt, Govt etc) banks] Vault Cash of BanksMeasures of money supply = Other _ Deposits in RBI Vault Cash of J wo[z] [by public, govt, Banks = banks} Next question: What was the impact on M3? . Demand € =z with . ’ ate Deposits in Bank & Held by Non- RBI org (Public, Banks, NBFC, Govt)How will RBI control money supply? Suppose Cash Reserve Ratio (CRR) kept at 10% eR pes ESCELE aeone Td Steerer arabes Cd wabity § ihf.02mand= 30 Time= 70 Demand Deposits 7 M3 inBank i) 2190 30+90How will RBI control money supply? ST yee er Sean CL) (CRR) [¥] iedpe M3=190 Time deposits in Banks 70+0 Ce Cu id um Demand= 95 Deposits in Bank 30+95 eee cea oe If CRR [¥] Then M3Broad Money: M3 quas sad CCTM RA RSL) 4% to 3% So M3 [4] Oc'rz adv oz‘ol advyey Tok [dees RCC eee cea CE Ceo Stock of Total Money (M3) 195 Stock of High Powered money(M0) 100 Labia Peel si don ae Money multiplier Fel oie Perel arene et ie j 1.95 AMUU mutes RGD COR ARG RI IRE CIE RES (RGU ih ICICI Bank Oe Or, i Siti “: ( 1 note PRINTED - = TENS Oe ce Ole eet) ST cr MOR Mat es SMO LLG to hide from Income tax — multiplier will not Pa ES Case Camis} =Currency with public (100) + banks (0)=100 Pee enerr BT ideaee HU AUN ALLL oe How willBI control money supply? dS 1.Is everyone keeping all of his money in WT eg 2.Does everyone have bank account? RTH eeee RU LCe i ee SeLC (if CRR | ¥ | then money multipler | 4 |) pA a RHO mC MLS CRC CR enc Orato cy Reo eC mem LeyEconomic Survey 2020 vol2 Ch4: money multiplier — 2) Sos: private banks (ICICI, Axis) allowed. LPG reforms: service sector jobs, IT/BPO= people income| t | — banking habits @© 1) Banking penetration poor. People did not earn much. Private business restricted by L-Q-I raj so took less loans. (Pillar#4) 3) & Slowdown in economy + People buying less home, cars: retail loans * Less biz expansion : less biz loans | | Factors: how much = people deposit, how much Zloans takenTry this What was the trend of Money multiplier during 2020? A. 5 Lom Dy ROM UR ICRC CHM MOL tg Re ee ROU CCI CE eked SST er RR ORS TEU oN Ny Ge Oui R Eko ee oleate ERR CUCL SeL| TCC MUI CMU USE SUC RCo DR Re eee Ro Rid NORTE HEI COR COMIC ds a © =» aoe» een60 7 { Money Multiplie=M3=MO (During Corona-2020) _} 58 5.6 54 52 5.0 Hovering around 5.5 48 Remained suppressed, muted, no significant change rs CORA Ra RUC cle mun N Caen MS 3 But corona slowdown = loan takers [¥] 40 + SSARAAeeeeeggagag RASA =esF eee eegnaorersceu wens aaa acShsceseeances RARE PEFESPFSSRARS IETS &&3~Try this What was the trend of Money multiplier during 2020? A. iF ios Dy Picoxsuny 2050 RCM aCe UR ICR CMC M UM g RR ee Re OU oI CRE id TTT re rer ROR TEU TTY Ge Oui R Eo eee eae Te CERRUTI UCL | noticeable increase in the later months qeamdt 7éat SR Re eae Ro Rid ATi TedITg DOSE U ICUS UCase” [ene tee lv Bitcsec] No significant change } eeeIwaniMonetary policy ae SECM Cel ER ear h ged TUS Win20 Series Pee Mca Policy updates upto Feb-2020 Win21 Series April-2020 onwards * OBS by () EJes21MO M3 Money Supply in Corona 1A-2: RBI’s Monetary Policy Tools rs Cert Pel che Reserve Ratios (CRR, SLR) Ce) COME Tense aad Money Multiplier Be COTE ie \omsis) ut) em Cag PACES aCe aCe Be eli det col elias Cee Rela aeCRR cash reserve ratio lone bank Can eatgalngs eo) Incoming (100) n/invest Sih! | ees Prey CarryPL OW e eM Cmer Chin ms Lacie TS PMC, Yes Bank etc scams So required to keep @4% A2) od @tech Sema ale General Studies UPSC. PRETO CSE RULES eae RL TU RGR Cae eReSLR is Statutory Liquidity Ratio. fey -_ ) ‘ lone : hank Con Incoming (100) Deposits NDTL: 100 Loanable: 78 <Before we learn Repo rate, What is G-Sec? A‘Security (afaie)’ means a Tax collection income Comes lower than expense of indicating that its holder is eligible welfare programs. Co ees ES So have to borrow © OO Ee rn eT ue Sec 00 Cr G8% for year Issued by Government * G-Sec: maturity 1 year / > (ve are a saa Sorat fraral/ arafer & fez ) T-Bill: less than 1 yearBefore Corona Clients borrow @short term By pledging Non-SLR-quota GSEC = Only SCB borrow @short term By pledging SLR-quota GSEC 7, Ne rorens x wre Cele rig aaa afahtaa der US RANRRZ ANT C7 ES tee cece CoE Rec Cea adder den Os Tia a in) SecaET RUR ONS U Reem OR UMC MET ae dey RBI rough E-kuber platform SCB borrow @short term By pledging SLR-quota GSEC Liquidity Adjustment Facility (LAF) (2000) Saeed Eo UL) Tel) No change (hold) No change (hold) Cel Ts i neMaa Mead) Ly When inflation was Feduced repo to bo Under control, RBI Bo evive econo, ast economy Post Corona i al - Repo [¥] to @4% - Stance: Accommodative RBI Priority#2, ME Re RBC GK REI Priority#4:... when #1 is * Control done PICKER CRUSE Ke inflaton in Sera growth rateoes | i But how will repo rate changes Ha RORC CLAY people? SSR Ree Coeur Ans. External Benchmark System CCR eo UR OR RCC Ce RR CR ROD li Ref: Win20 Series Lecture#1 Slide89 onwardscanta™ RBI required to Rly ue Sey oc Mid-2020: inflation [4] Inflation rate(%) Current Series General Index (All Groups) Index Base:201Post Corona “unlockdown” — supply| 4 | — inflation [ ¥ | f ival requires cheap loans-so can't[4]repo. i] NdAo Mea CLC) When inflation was feduced repo to bo Under control, RBI Or Tevive econ, ost economy Post Corona a i ee 2nd 19(Jun)_ 3rd 19 (Aug) ath 19(0ct) Sth 19(Dec) _6th20 Feb) _Mar20 Feb21 Priority#2, when #1 is done * Boost GDP growth rate - Repo oor 57) - Stance: Accommodative SR Rela Ss Roo lO Rol . PR kcke SRC ICCR Rca cca 77000Bi-monthly updates MTA ia Page 15-16-17Money Supply in Corona 1A-2: RBI’s Monetary Policy Tools WA Quantitative, Gen., Indirect cI Reserve Ratios (CRR, SLR) Rates: Bank, MSF, LAF [ Money Mo M3 Multiplier ah COTE ie homes) at) em Cag PACES Cree ey See ealMargin requirement: Win20 Series Pillar#6: Slide 82 onwards https://unacademy.com/class/mrunals-win20csp-economy-pillar6-hrd-education-skill-poverty-updates/NSUSIONS Loan to Value ratio (LTV). margin requirement 3) Movie shooting starts. 500 extra dancer & stuntmen —» salaries —+ Demand{ 1] —+ economic revival How much loans 75,000PSL changes: Win20 Series Pillar#6: Slide 84 onwards Teen ee va eae ee ce ee SY cy a c= ‘eater sections 148C:St:Women, PA.) a Tice: al peso fare "ager er (upto th ae | 40% of the loans should go here.Win21 Handout#1: Page 13 & 14 finished 220 min reading (40 min video1A-2: RBI’s Monetary Policy Tools Money Supply in Corona WZ Quantitative, Gen., Indirect Reserve Ratios (CRR, SLR) Rates: Bank, MSF, LAF [! Money Mo M3 Multiplier ah (OME NeLas set MI cccd SATS mire ee See mer ee eaETM MeO KA + Bd Money: barter to Bitcoin + EZRer's monetary policy A-2 — *CRR, SLR, Repo etc * Classification of Banks-NBFC B-1 * Burning issues in Banking sector B-2 _*NPA,IBC, BASEL... ‘SEB! Sharemarket surance, Pension, Fin. Inclusion yieeareti CoDWin21 Series Lecture#1: Overview of Economic Survey 2021 ‘https: //www.unacademy.com/a/mrunals-economy-win21.csp-upsc_ bay [DATE IME Tonight lecture no handout bcoz its content will in ite fivessay [lb Febriany PPM future pllar-wise update handout anyways. + Tonight's objective Is to get gist/ overview of the IMrunat's[Win21C5P] Economy - Git of Economie Survey fiuesday [23 February PPM (Mrunat's[Win21CSP] Economy Pilar#IA: RBIs ‘Monetary Policy, Repo, PSL, Cryptocurrency & other lupdates latest Economic Survey- what is imp for exam, how it connects in 6 pillars? fiuesday —_[mhMarch ppm (Mrunat's[Win210SP] Economy PlllorWiB: Banking & INBFC Sector burning issues updates iuesday [rd March PPM IMrunat's[Win21CSP] Economy Pillar#iCED: Share market, pension & insurance schemes updates Fiuecday [ah Apri fem (Mruna's[Win2ICSP] Economy Pillar82 Budget, Taxation, 1th FC Report#2, GST compensation, Disinvesiment FREM updates. fivesday [20m Apr PM IMrnat'e[Win2ICSP] Economy PillarR3 International rade, BoP, CAD. summits, agreements fiuesday_|ahMay fw IMrunat's[Win21CSP] Economy Pilar#4AGB lagriculture manufacturing service sector updates fivesday etn ay ppm IMrunat's[Win21CSP] Economy Pillar#4C: GDP, lntation, unemployment, V-shaped Recovery, lupdates fivesday [ist June PM fiuesday —[athJune [PPM (Mrunat's[Win21CSP] Economy Pilaras: Infrastructure- Energy, Transport, Communica re Pee ceuctes apuasbuar IMranat's[wind\6SP] Economy Pilar#é: Huma’ ahlieshareainal Iesource development Index, Report, Schemes, Ss lupdatesLae Se @Night 9PM EaWorking Professional EdHomemakers! UOTE elf 4 For extra discount! @)Weekly Quiz with Ranking System to test yourself against others Mrunal's Weekly Quiz 1D Mudra to 2A Before GST Conducted on 2 20290900 9H © ssn somes soutien me wr scans aes emery ht ne pe ase gran eng "iitostonmnunet waststetaourg hs sees a Sepa erwmeyretetnts O cemmeeynetetnge © riseecons cmaame retinas Coupon Code WEL Re 4 TT21.5 ©): BNIB nan Acree Tax (MAT: Pa FPS) Course Timing (a eit eae) @ @o Ars 2) «+ tive asses @9Pm night EA ws + soeven wothing professional can attend 0000)» rcconsing available, if class missed 0.00 | « Access via Mobile, Tablet, Laptop, PC +) + Weeki Quiz with RANKING Course Medium (rez) + PPT & POF: English. With important terminologies in fe eR MIELEUltimate GS Batches (Bilingual) bs Pathway to Crack UPSC CSE with India's Best Educator * Full Syllabus Coverage Pee eo tevav ear Oe lode lVio cele + Dedicated Doubt Clearing Sessions Oe Tc) aati dR aN Id OMe Talkta (Wad c1 os 1e-1 hola) Ultimate GS 6-Months Ultimate GS 1-Year Ultimate GS 2-Years bere eee Re belo opal eRe Olen 1 om bole coal Bom Oe 1 oe ee fo lye CSE 2023twa Cee ial ts pled ror St wey) Pas < RC i coi UPSC CSE (feat) SR Cc as SR eA DE ee CCR LD SRP Rea Es Roem cryExpedition 2021 6 Months Batch Course Expedition 2022 1 Year Batch Course Expedition 2023 2 Years Batch Course Complete GS Bat Course for UPS! Full Syllabus Coverage Top Educators Prelims Test Series with Analysis PDF Study Material Dedicated Doubt Clearing Sessions Interview PreparationsWonacademy ICONIC PRICE HIKE COMING SOON ICONIC SUBSCRIPTION ° ° ° ° ° ° ° Connect with your Personal Coach Mains Test series with evaluation Customise your Study Planner Attend Study Booster Sessions Be part of High-Intensity Workshops Practice Answer Writing daily Accelerate your preparation with Daily Content Pecan