Economics with Insight

FDI- Foreign direct investment is the flow of capital in a nation by an individual or business. this flow may be in a fresh start of a new business or maybe in an existing business. FDI can take place in two forms 1. Horizontal 2. Vertical FDI Limits in different sectors in India No. Sector % 1 Defence * Automatic mode 49% + Government route beyond 49% 100 2 Pension 49 3 Insurance * Insurance amendment bill 2021 to increase the limits of FDI from 49 to 74% 74 4 Public Sector banks 20 5 Private sector banks 74 6 Print Media 26 7 Civil Aviation * The government  permits 100% FDI under automatic route   100 8 Multi Brand 51 9 Single Brand 100 10 Tourism 100 11 Medical ...

Important Summits and conferences Dates and Venues No. Summit Number,Year and Venue 1 BRICS 7th - July 2015 - Russia 8th - 2016 - India 2 G-8 42nd - 2016 - Japan 43rd - 2017 - Italy 44th - 2018 - Canada 45th - 2019 - France 46th - 2020 - United States 3 G-20 9th - 2014 - Australia 10th - 2015 - Turkey 11th - 2016 - China 12th - 2017 - Germany 13th - 2018 - India 4 SAARC 17th - 2011 - Maldives 18th - 2014 - Nepal 19th - 2016 - Pakistan 5 ASEAN 24th - 10–11 May 2014 - Maynmar 25th - 11–12 Nov 2014 - Maynmar 26th - 26‒27 Apr 2015 - Malaysia 27th  - 18-22 Nov 2015 - Malaysia 6 IBSA 7th - 2015 - India 7 APEC 27th - 2015 - Philipines 28th - 2016 - Peru 29th - 2017 - Vietnam 30th - 2018 - Papua New Gu...

Important Awards and its Fields No. Awards Fields 1. Nobel Prize Peace, Literature, Economics, Physics, Chemistry, Medical Science 2. Dada Sahib Phalke Film 3. Grammy Music 4. Pulitzer Journalism and Literature 5. Arjun Sports 6. Bowelay Agriculture 7. Kalinga Science 8. Dhanwantri Medical Science 9. Bhatnagar Science 10. Oscar Film 11. Man Booker Literature 12. Merlin Magic 13. Bharat Ratna Art, Science, Public Service, Sports 14. Vyas Samman Literature 15. Bihari Award Literature 16. Saraswati Samman Literature 17. ...