M
Magan

- An ancient region mentioned in trade records. Prelims Pointer: It refers to modern-day Oman. It...

Mahalanobis Model

Definition: A development model emphasizing heavy industries and capital goods, adopted in the Second Five-Year...

Marginal Standing Facility

Definition: A facility under which scheduled commercial banks can borrow overnight from the RBI by...

Meluhha

- An ancient name found in Mesopotamian texts. Prelims Pointer: It refers to the Indus Valley...

Minimum Support Price

Definition: Minimum Support Price (MSP) is a form of market intervention in which the government...

Mixed Economy

Definition: A mixed economy is one where both the market mechanism and government intervention coexist...

Monetary Policy Committee

Definition: A statutory body constituted under the RBI Act, 1934, responsible for determining the policy...

Monetisation of Deficit

Definition: Financing fiscal deficit by borrowing from the RBI, effectively increasing money supply.Key Points for...