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Explain the functions of Central Bank of India.
Introduction: The central bank was established on 1st of April 1935 as per RBI act of 1934 as a private shareholders bank with a share capital of Rs 5CR after independence, the RBI was nationalized by the govt. on 1st January of 1949 and renamed as Central bank of India. Today the central bank functions…
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Explain the effects of Deflation on distribution.
Meaning of Deflation: Deflation refers to a continuous decrease in the general price level in an economy over a period of time. It’s the opposite of inflation. Deflation is a state of affairs or situation in which there is a fall in the general price level along with fall in production and employment and off…
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What is Deflation? explain its effects on production.
Meaning of Deflation: Deflation refers to a continuous decrease in the general price level in an economy over a period of time. It’s the opposite of inflation. Deflation is a state of affairs or situation in which there is a fall in the general price level along with fall in production and employment and off…
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What is Deflation? explain its causes and consequences.
Meaning of Deflation: Deflation refers to a continuous decrease in the general price level in an economy over a period of time. It’s the opposite of inflation. Deflation is a state of affairs or situation in which there is a fall in the general price level along with fall in production and employment and off…
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Explain the measures to control Inflation.
Meaning of Inflation. Inflation is a global phenomena. It occurs in every type of economy. Inflation is a condition with increasing prices which causes a decrease in the purchasing power of money. Inflation is a price rise which is unseen and uncorrected situation. So measures to control inflation is mandatory for every economy It occurs in…
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What is Inflation? Explain the effects of Inflation on the distribution.
Introduction: Inflation is a global phenomena. It occurs in every type of economy. Inflation is a situation with rising prices which causes a decline in the purchasing power of money. Inflation is a price rise which is unseen and uncorrected situation. It occurs in both time war as well as in peace time. Inflation means the…
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What is Inflation? Explain its causes?
Introduction: Inflation is a global phenomena. It occurs in every type of economy. Inflation is a situation with rising prices which causes a decline in the purchasing power of money. Inflation is a price rise which is unseen and uncorrected situation. It occurs in both time war as well as in peace time. Inflation means, the…
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Explain the effects of inflation on production?
Introduction: Inflation is a global phenomena. It occurs in every type of economy. Inflation is a situation with rising prices which causes a decline in the purchasing power of money. Inflation is a price rise which is unseen and uncorrected situation. It occurs in both time war as well as in peace time. Inflation means the…
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ECONOMICS – 4. ECONOMIC DEVELOPMENT OF INDIA.
UNIT WISE IMPORTANT QUESTIONS. UNIT – 1. INTRODUCTION TO INDIAN ECONOMY. TEN MARKS QUESTIONS. SHORT NOTES. UNIT – 2. INDIAN AGRICULTURE. TEN MARKS QUESTIONS. SHORT NOTES. UNIT -3. INDIAN INDUSTRY. TEN MARKS QUESTIONS. SHORT NOTES. UNIT – 4. BANKING AND FOREIGN TRADE. TEN MARKS QUESTIONS. SHORT NOTES. UNIT -5. GOVERNMENT FINANCE AND ECONOMIC REFORMS. TEN…
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Explain the difficulties in the construction of index numbers.
Meaning: Index number measures and compare economic variables it indicates percentage or ratio of changes in variables between two different period of time. It measure the changes in price quantity, value from one period of time to another period of time. It calculate the ratio of the current year value with the ratio of the…