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What is Inflation? Explain its types.
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. It occurs in both time war as well as in peace time. The…
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What is money market? Explain the features of organized money market.
Meaning of Money Market: The money market refers to a part of the financial market where short-term lending and borrowing of funds takes place. It deals with financial instruments with high liquidity and short maturities, that is less than one year. The features of money market is to facilitate liquidity and financing facilities for various…
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What is money market? Explain the features of unorganized market.
Meaning of Money Market: The money market refers to a part of the financial market where short-term lending and borrowing of funds takes place. It deals with financial instruments with high liquidity and short maturities, that is less than one year. The member participants in the money market are banks, financial institutions, corporations, governments, and…
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Define money market? Explain its components.
Meaning of Money Market: The money market refers to a part of the financial market where short-term lending and borrowing of funds takes place. It deals with financial instruments with high liquidity and short maturities, that is less than one year. The member participants in the money market are banks, financial institutions, corporations, governments. The…
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What are commercial banks? Explain the functions.
Meaning of Commercial Banks: The bank which performs all kinds of banking business generally finance trade and commerce are called commercial banks. The functions of commercial banks are accepting deposits, advancing loans, credit creation and other agency functions. Commercial banks are profit-oriented institutions that play a very important role in the financial system. They are…
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Explain the importance of commercial banks?
Meaning: Commercial banks are profit-oriented institutions that play a very important role in the financial system. They operate and regulated by government authorities. Their primary objective is to provide financial services that help to facilitate the flow of money within the economy. These banks contribute to economic stability of a nation. The importance of commercial…
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Explain the features of Macro economics.
Introduction: Features of macro economics is the important part of study of macro economics. Macroeconomics is a branch of economics that focuses on the study of the entire economy as a whole. It examines aggregate phenomena, such as overall output, employment, inflation, and national income. Unlike microeconomics, which looks at individual economic agents like households…
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What is Disequilibrium in Balance of Payments? Explain its causes.
Introduction: Balance of payment of a country is a systematic record of its receipts and payments in international transaction in a given year. Each transaction is entered on the credit and debit side of the balance sheet. The credit sides are visible and invisible exports, transfer receipts in the form of gift received from foreigners,…
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What is Micro Economics? explain its features.
Micro economics Meaning: Microeconomics is a branch of economics that focuses on the study of individual economic units at the level of households, firms, and industries. It examines how these entities make decisions regarding the allocation of resources, production, consumption, and pricing of goods and services. Microeconomics is concerned with the behavior of individual agents…
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Micro Economics-5-Questions for Internal Assessment Test for Semester-4
DURATION: 1 HOUR MAX MARKS-10 INSTRUCTIONS- Q. NO. 1. a. Define Micro Economics? Explain the uses and limitations of micro economics? 1×7=7 OR b. What is elasticity of demand? Explain the degrees of elasticity of demand? Q. NO.2.a. Economic Dynamics. 1×3=3 OR b. Law of Supply.