G
Gahapati

A wealthy householder or landowner who controlled land and resources. They often employed slaves (dasa)...

GDP

Definition: Gross Domestic Production - The total market value of all final goods and services...

GDP Deflator

Definition: An index measuring the average price level of all goods and services included in...

General Anti-Avoidance Rules

Definition: Rules empowering tax authorities to deny tax benefits from arrangements made solely for tax...

Gini Coefficient vs Palma Ratio

Definition: Measures of income inequality.Key Pointers:• India uses consumption-based Gini.• Palma focuses on extremes.• Wealth...

Global Capability Centers

Definition: Offshore units established by MNCs to manage critical business functions such as IT, R&D,...

Goldilocks Economy

Definition: An economic condition where growth is steady and optimal, inflation is low, and monetary...

Gramabhojaka

The village headman in the northern part of the subcontinent. The post was often hereditary;...

Greedflation

Definition: Greedflation occurs when firms raise prices beyond cost increases to expand profit margins during...

Green GDP

Definition: GDP adjusted for environmental degradation and depletion of natural resources.Key Pointers:• Accounts for environmental...

Gross National Product

Definition: The total market value of final goods and services produced by a country’s residents,...

Gross Value Added

Definition: The value of output minus intermediate consumption, representing contribution of factors of production. Key Pointers: •...

GSAT-7R

A next-generation military communication satellite developed by ISRO, intended to replace the aging GSAT-7A. Also referred...

GST Compensation Cess

Definition: A cess levied on luxury and demerit goods to compensate states for GST revenue...