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Kerala PSC Indian Economy Book Study Materials Page 39Book's First Page
ntrod tion 1.21 banks, and subsidies for providing (v) Improved coverage of activities of local insurance to households at lower rates]. bodies and autonomous institutions, (iii) Comprehensive coverage of the corporate covering around 60 per cent of the grants/ sector both in manufacturing and services transfers provided to these institutions. by incorporation of annual accounts of companies as filed with the Ministry of incomE EstimatEs for 2017–18 Corporate Affairs (MCA) under their Major data estimates related to India’s national e-governance initiative, MCA21. Use income for the financial year 2017-18 (as per the of MCA21 database for manufacturing Economic Survey 2017-18, Vol. 2) are as given below: companies has helped in accounting for activities other than manufacturing (i) GDP (Gross Domestic Product) at undertaken by these companies. constant market prices is likely to be Rs. 129.85 lakh crore with a growth rate of (iv) Comprehensive coverage of the financial 6.5 per cent (down from 7.1 per cent of sector by inclusion of information from the accounts of stock brokers, stock 2016-17). exchanges, asset management companies, (ii) GVA (Gross Value Added) at constant mutual funds and pension funds, and basic prices is estimated to be Rs. 118.71 the regulatory bodies including the lakh crore with a growth rate of 6.1 per Securities and Exchange Board of India cent (down from 6.6 per cent of 2016-17). (SEBI), Pension Fund Regulatory and (iii) PCI (Per Capita Income) at current prices Development Authority (PFRDA) and (2017-18) is estimated to be Rs.1,11,782 Insurance Regulatory and Development (around 6.1 per cent higher than 2016-17 Authority (IRDA). when it was Rs. 1,03,219).