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Posted by Samriddhi Agarwal 4 years, 6 months ago (11164617)
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Ayush Kumar Singh 4 years, 6 months ago (8636490)
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Posted by Archit Walia 8Th M 35 4 years, 6 months ago (11280669)
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Preeti Dabral 4 years, 6 months ago (2983787)
Privy Purse was the special privileges given to former princely rulers on the basis of the extent of their property.
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Black Panther 4 years, 6 months ago (11208670)
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Preeti Dabral 4 years, 5 months ago (2983787)
Following are the components of the Expenditure Method that are used to calculate national income:
- Private Final Consumption Expenditure- Private final consumption expenditure includes the money value of consumer goods and services purchased by households and non-profit institutions for current use.
- Government Final Consumption Expenditure- It refers to expenditure on final goods and services by the government, like expenditure on the purchase of goods for consumption by the defence personnel.
- Investment Expenditure- Investment means an addition to the stock of capital goods and inventory. Investment may be of the following four types:
- Business fixed investment
- Inventory investment
- Public investment
- Residential construction investment.
- Net Exports- Net exports means the difference between exports and imports.
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Preeti Dabral 4 years, 6 months ago (2983787)
Demerits of democracy
- Leaders keep changing in a democracy leading to instability.
- Democracy is all about political competition and power play, leaving no scope for morality.
- Many people have to be consulted in a democracy that leads to delays.
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Vizzy Viz 4 years, 6 months ago (11049490)
4 Thank You