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Difference between National Income at constant price and national income at current price which of the two presents a better view of the economic growth of economy and why?

Posted by Anushka Garg 9 hours ago

CBSE > Class 12 > Economics

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cheques are type of money

Posted by Krishna Modi 3 days, 5 hours ago

CBSE > Class 12 > Economics

1 answers

Rohit Singh 2 days, 22 hours ago

If you are considering a bank cheque as a money then you are wrong as it is only a medium of money exchange..

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The government of India has launched a scheme of cash transfer to the people below poverty line.would you consider these transfers as a part of domestic income of the country? If no, then give reason.

Posted by Deepti Garu 3 days, 13 hours ago

CBSE > Class 12 > Economics

1 answers

Rohit Singh 2 days, 22 hours ago

In my opinion it is not considered as an Income of a person or include it in national Income bcoz it is not an earned income or income from work or production as it is only considered as a gift from govt. Side to the people of BPL...

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name the organization which conduct all india debt and investment survey ,2003

Posted by Kaur Aman 4 days, 9 hours ago

CBSE > Class 12 > Economics

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When was National Social Assistance Programme launched

Posted by Sachin Sharma 4 days, 23 hours ago

CBSE > Class 12 > Economics

1 answers

Komal Sain 4 days, 22 hours ago

15th August 1995

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What was the state of industrial sector of the indian economy on the eve of independence ?

Posted by Kritika Sen 5 days, 4 hours ago

CBSE > Class 12 > Economics

2 answers

Rohit Singh 2 days, 22 hours ago

After independence indian economy was terrified and it has no backup form industrial sector coz all the Industries like as cottage,small or large were shut down by the British govt. Before independence as, India faces too many problems during the eve of the independence.

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Sachin Sharma 4 days, 23 hours ago

De-industrialised due to discriminatory tarrif policy No Capital goods industry Unemployment due to downfall of handloom industry

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Stocks do not change over time , while flows do . True or false give reason

Posted by Palak Kingrani 5 days, 3 hours ago

CBSE > Class 12 > Economics

2 answers

Preeti Dabral 5 days, 3 hours ago

True, Stocks do not change over time while flows do because stock is a quantity of economic variable that is measured at a particular period of time, it has no time dimension, whereas, flow is a quantity of economic variable that is measured during a particular period of time, it has time dimension

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Sachin Sharma 4 days, 23 hours ago

No. Wrong answer. Stock is measured at a point of time and not period of time

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Q. 6 To what extent have the plans succeeded in accelerating the pace of growth of the Indian economy

Posted by Kaint Records 6 days, 4 hours ago

CBSE > Class 12 > Economics

1 answers

Komal Sain 5 days, 22 hours ago

The five year plans launched in India succeeded in accelerating the pace of economic growth. Explanation : - The India economy carried out five phases of planning that were developed, execute and monitored by the planning commission and NITI ayog.

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As an important member WTO indian has been in the forefront of farming fair global rules regulation and safeguards and advocating the interests of the developing world . However some rise question the usefulness of India being member of the WTO . Examine the above statement .

Posted by Randeep Singh 1 week ago

CBSE > Class 12 > Economics

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Is national income is always more than domestic income. Explain

Posted by Rajiv Kumar 1 week ago

CBSE > Class 12 > Economics

2 answers

Dipanshu Jha 1 day, 21 hours ago

No it's not compulsory that nation income always more than the domestic income it's depend upon nfia if nfia is minus in term then nation income is less then the domestic income

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Lucky 1 1 week ago

Domestic Income of a country can be more than its National Income- This situation occurs when net factor income from abroad is negative. Hence, NDP(at factor cost) or Domestic income becomes greater than the NNP(at factor cost) or National Income.

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what is GDP at market price? how do you get GNP at market price from GDP at market price. Explain in brief?

Posted by Rajiv Kumar 1 week ago

CBSE > Class 12 > Economics

1 answers

Bharti Jangra 1 week ago

Just add net factor income from abroad to GDP at market price

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All machines are not capital goods explain

Posted by Bhavuk Tiwari 1 week, 3 days ago

CBSE > Class 12 > Economics

2 answers

Dipanshu Jha 1 day, 21 hours ago

Yaa it's right it depend upon the person how they use if the person who is consuming in what manner the household purchase for the consumption purpose and dairy farm people purchase for investment purpose so

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Shubhanshi Singh 1 week, 1 day ago

All machines are not capital goods like a sewing machine in a tailoring shop is a fixed asset of the tailor; it is a capital good. But the same machine with a consumer household is not a capital good.It is simply a durable use consumer good.likewise,a car with a tourist company is a capital good. But is the same car with a household is durable use consumer good. Thus, while identifying goods as capital goods,we must make sure about their end-user.If the end user of the durable good is a household consumer,it is durable use consumer good.On the other hand,if the end user of a durable good is a producer,it is a capital good.Capital goods are only those durable goods which are used as producer goods,not as consumer goods.

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Define the term. (i) Profits (ii) Firm (iii) Capital (iv) unemployment rate

Posted by Vishesh Agrawal 1 week, 3 days ago

CBSE > Class 12 > Economics

3 answers

Dipanshu Jha 1 day, 21 hours ago

Profit refer to difference between. revenue and expenses Firm refers to any industry which do the production activities Capital refer to investment any asset Unemployment rate is the rate of working population which is unemployed

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Charchit Garg 1 week, 3 days ago

A company made by a person is known as firm

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Charchit Garg 1 week, 3 days ago

Profit is the award of bearing risk

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Describe the briefly the feature of the economy tgat india inherited from her colonial past

Posted by Tanya Agrawal 1 week, 4 days ago

CBSE > Class 12 > Economics

0 answers

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Why is india a leading exporter of handicraft?

Posted by Rajat Chawla 1 week, 4 days ago

CBSE > Class 12 > Economics

1 answers

Anmol Garg 1 week, 3 days ago

India is a leading exporter of handicraft because Indian goods cheaper in foreign market ( 72rs =1$) that why we produced more goods in foreign market

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difference between gross investment and net investment.

Posted by Priyanjali Choudhury 1 week, 4 days ago

CBSE > Class 12 > Economics

1 answers

Anmol Garg 1 week, 3 days ago

Gross investments are those investment which you are invested in business for only financial year. Net investments is the sum of all investment that you r invested in buisness in all the financial years( when ur buisness is started till continue year)

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Explain the process of money creation and credit creation

Posted by Suminil Singh 1 week, 5 days ago

CBSE > Class 12 > Economics

1 answers

Dipanshu Jha 1 day, 21 hours ago

Money creation is a process in which commercial bank make credit with the help of initial deposit multiply by one by lrr

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Explain the role of government budget in fighting inflationary and deflatioa tendencies

Posted by Vishvjeet Meena 1 week, 6 days ago

CBSE > Class 12 > Economics

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Difference between factor income and transfer income

Posted by Sneha Kumari 1 week, 6 days ago

CBSE > Class 12 > Economics

1 answers

Vishvjeet Meena 1 week, 6 days ago

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Write notes on Monetary Per Capita Income

Posted by Mawimawii Hmar 2 weeks ago

CBSE > Class 12 > Economics

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Difference between micro and macro economics

Posted by Anita Mahato 2 weeks ago

CBSE > Class 12 > Economics

1 answers

Anmol Garg 1 week, 3 days ago

Micro in economics is the study of individual behaviour and macro in economics is the study of aggregate behaviour

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Discuss briefly the rationale behind choosing modernisation as a planning objectives for the Indian economy

Posted by Dhruvi Jhamb 2 weeks, 1 day ago

CBSE > Class 12 > Economics

0 answers

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discuss the various steps of expenditure method for calculateing national income

Posted by Kapil Bhavsar 2 weeks, 1 day ago

CBSE > Class 12 > Economics

0 answers

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Explain the‘Standard of deferred payment’. {3marks question}

Posted by S. K 2 weeks, 1 day ago

CBSE > Class 12 > Economics

0 answers

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What is the difference between liability and assets❓❓❓

Posted by 🤓Ojha Raj Shakti Shivam📕📚📕 2 weeks, 1 day ago

CBSE > Class 12 > Economics

1 answers

Anmol Garg 1 week, 3 days ago

Liability is the amount which are payable to the creditors

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If LRR ratio is 0.2 and new deposits are Rs.1000, explain the process of money creation by the commercial bank

Posted by Devaprabha Ashok 2 weeks, 2 days ago

CBSE > Class 12 > Economics

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Define final goods

Posted by Shreya Rai 2 weeks, 2 days ago

CBSE > Class 12 > Economics

1 answers

Shubhanshi Singh 1 week, 1 day ago

Final goods are those goods which have crossed the boundary line of production and are ready for use by their final users

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Suppose there are only two firms, A and B in an imaginary economy. Firm A uses no raw material and producescotton worth 50 lakhs. Form A gives 20 lakhs to the workers as wages and keeps the remaining 30 lakhs to bedistributed as rent, interest and profits, Firm A sells its cotton to firm B. who uses it produce cloth. Firm B sellsthe doth produced to consumers for 3200 lakhs and gives 760 lakhs as wages and keeps the remaining incomegenerated as profits. Assuming no depreciation and indirect taxes or subsidies, calculate GDP by three methods.

Posted by Jass Kaur 2 weeks, 3 days ago

CBSE > Class 12 > Economics

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ANSWER

Suppose there are only two firms, A and B in an imaginary economy. Firm A uses no raw material and producescotton worth 50 lakhs. Form A gives 20 lakhs to the workers as wages and keeps the remaining 330 lakhs to bedistributed as rent, interest and profits, Firm A sells its cotton to firm B. who uses it produce cloth. Firm B sellsthe doth produced to consumers for 3200 lakhs and gives 760 lakhs as wages and keeps the remaining incomegenerated as profits. Assuming no depreciation and indirect taxes or subsidies, calculate GDP by three methods.

Posted by Jass Kaur 2 weeks, 3 days ago

CBSE > Class 12 > Economics

0 answers

ANSWER

What is the difference between market price and factor cost. What items affect this difference

Posted by Khushboo Taravar 2 weeks, 2 days ago

CBSE > Class 12 > Economics

1 answers

Sia 🤖 2 weeks, 2 days ago

Factor cost is the total amount which the manufacturer had to invest in production of a good or commodity. It doesn’t include any taxes imposed on the final product. But, the market price is the final cost at which the manufacturer sells the goods to customers. And these are inclusive of all the applicable taxes. Further, the final Price is decided by also keeping the subsidies offered by the government into account.

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