GK and monthly revision

‘Easy money era’ after 2008 made Indian stock market very expensive: CEA Nageswaran

The Chief Economic Adviser V Anantha Nageswaran warned that the 'easy money era' after the 2008 financial crisis has led to stretched asset valuations, rising concentration risks, and a growing reliance on less regulated sources of capital in the Indian stock market. This is significant as it highlights the need for caution and prudent regulation in the financial markets, which is crucial knowledge for competitive exams.