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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…
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Explain the uses of index numbers.
Introduction: Index number measures and compare economic variables it indicates percentage or ratio of changes in variables between two different period of time. It measure relative 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…
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What are Index Numbers? explain its Construction.
Introduction: Index number measures and compare economic variables it indicates percentage or ratio of changes in variables between two different period of time it measure relative 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…
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Write a note on Supply of money.
Meaning: The supply of money, often referred to as the money supply, includes all forms of money in an economy that are readily available for spending. It includes both physical currency and various types of deposits held by individuals, businesses, and institutions within the banking system. The money supply is a key concept in monetary…
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Define money? Explain the functions of money.
Meaning of Money: Money is a monetary thing which is acceptable by all, generally it is a material of exchange. What we use to pay for things is referred as money. Money is an important element of modern civilization. Functions of money is a broad and very important to understand the meaning of money. According…
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What are commercial banks? Explain its credit creation.
Introduction: Commercial banks are financial institutions that offer services to individuals, businesses, and other organizations. They are primarily engaged in accepting deposits from customers and providing loans and credit facilities, among other financial services. Credit creation of commercial banks is the main cooperation with the central bank of any nation. These banks play a very…
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What is Budget Deficit? Explain the types of Budget Deficit.
Meaning: A budget deficit occurs when a government’s expenditures exceed its revenues within a given period, typically a fiscal year. In other words, it’s the shortfall between what the government spends and what it earns in revenue through taxes, fees, and other sources. Budget deficits are a common occurrence for many governments around the world,…
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ECONOMICS – 3 ECONOMIC THEORY AND PUBLIC FINANCE
UNITWISE IMPORTANT QUESTIONS. UNIT – 1 – NATIONAL INCOME. TEN MARKS QUESTIONS. SIX MARKS QUESTIONS. UNIT – 2 – THEORIES OF EMPLOYMENT. TEN MARKS QUESTIONS. SIX MARKS QUESTIONS. UNIT – 3 – ECONOMIC GROWTH AND ECONOMIC DEVELOPMENT. TEN MARKS QUESTIONS. SIX MARKS QUESTIONS. UNIT -4 -PUBLIC FINANCE. TEN MARKS QUESTIONS. SIX MARKS QUESTIONS. UNIT –…