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Ask QuestionPosted by Geetu Dua 5 years, 11 months ago
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Posted by Geetam Kabra 5 years, 11 months ago
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Yogita Ingle 5 years, 11 months ago
Domestic Income. "It is the sum total of factor incomes generated by all the production units located within domestic (economic) territory of a country during an accounting year". The point to be noted is that factor incomes should be generated within the domestic territory of a country irrespective of the fact whether producers are normal residents (citizens) or non-residents (i.e., foreigners). It is a territorial concept since it is defined with reference to domestic (economic) territory. For example, many non-residential companies and foreign banks operate within domestic territory of India. Income generated by them is included in India's domestic income.
Posted by Isha Dwivedi 5 years, 11 months ago
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Ařțhîä.. Čřìśtaín ?? 5 years, 11 months ago
Ařțhîä.. Čřìśtaín ?? 5 years, 11 months ago
Faizan Ur Rehman 5 years, 11 months ago
Posted by Simranjeet Kaur Chauhan 5 years, 11 months ago
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Posted by Manya Jaiswal 5 years, 11 months ago
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Yogita Ingle 5 years, 11 months ago
To understand the meaning of ex-ante aggregate demand,we need to know the meaning of ex-ante and aggregate demand. When the planned or the desired values of the variables are taken into account, then it is called the Ex-Ante and aggregate demand is the total amount of goods and services demanded in the economy at a given overall price level and in a given time period.Therefore,ex-ante aggregate demand can be defined as planned amount of goods and services demanded in the economy at a given overall price level and in a given time period
Posted by Manya Jaiswal 5 years, 11 months ago
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Posted by Yash Tripathi 5 years, 11 months ago
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Singh Rajput 5 years, 11 months ago
Yogita Ingle 5 years, 11 months ago
Central Bank keeps the cash balances of commercial banks and issues loans to them on requirements, in the same manner as the commercial banks do for its customers. A Central Bank has almost the same relation with the other commercial banks of the country that the commercial banks have with the common public. That is why, the Central Bank is also called as bankers’ bank.
Posted by Ankit Kharb 5 years, 11 months ago
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Singh Rajput 5 years, 11 months ago
Yogita Ingle 5 years, 11 months ago
An intermediate good is a product used to produce a final good or finished product. These goods are sold between industries for resale or the production of other goods. One example of an intermediate good is salt, a product that is directly consumed but also used to manufacture food products.
Posted by Deimonmi Sana 5 years, 11 months ago
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Vasu Gupta 5 years, 11 months ago
Posted by Methang Konyak 5 years, 11 months ago
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Nishtha Girdhar 5 years, 11 months ago
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Amrya Gupta 5 years, 11 months ago
Posted by Aafiya Shazu 5 years, 11 months ago
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Posted by Raunak Shaw 5 years, 11 months ago
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Yogita Ingle 5 years, 11 months ago
- Inflation is a situation of rising prices in the economy.
- A more exact definition of inflation is a sustained increase in the general price level in an economy. Inflation means an increase in the cost of living as the price of goods and services rise.
- The rate of inflation measures the annual percentage change in the general price level.
Posted by Aman Siwach 5 years, 11 months ago
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Posted by Shilpa Vashishth 5 years, 11 months ago
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Posted by Shilpa Vashishth 5 years, 11 months ago
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Posted by Amanjeet Gupta 5 years, 11 months ago
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Yogita Ingle 5 years, 11 months ago
The difference between total revenue and total expenditure of the government is termed as fiscal deficit. It is an indication of the total borrowings needed by the government. While calculating the total revenue, borrowings are not included.
Posted by Prachi Sharma 5 years, 11 months ago
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Aman Siwach 5 years, 11 months ago
Posted by Aman Verma 5 years, 11 months ago
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Posted by Amanjeet Gupta 5 years, 11 months ago
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Dhruv Goel 5 years, 11 months ago
Posted by Khushi Arora 5 years, 11 months ago
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Singh Rajput 5 years, 11 months ago
Yogita Ingle 5 years, 11 months ago
Devaluation is the decrease in the value of domestic currency corresponding to foreign currency as planned by the Central bank, in a case, when exchange rate is not determined by the demand and supply forces but is fixed by the government of varied nations.
Depreciation is the decrease in the value of domestic currency corresponding to foreign currency, in a case, when exchange rate is determined by the forces of supply and demand in the international money market. Both depreciation and devaluation will result in the value of domestic currency in terms of foreign currency. However, the devaluation causes desired fall in the value of rupee which in turn boost the exports. The depreciation causes undesired fall in the value of rupee where the import bill of the government may become too high leading to a rise in fiscal deficit to unmanageable limits.
Posted by Prakhar Soni 5 years, 11 months ago
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Gaurav Seth 5 years, 11 months ago
General meaning of Ex ante and Ex post :
ex ante is Latin for before the event. ex ante means we look at future events based on possible predictions. ex post is Latin for after the event. ex post means we look at results and events after they have occurred
Posted by Aman Pandey 5 years, 11 months ago
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Posted by Amandeep Singh 5 years, 11 months ago
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Yogita Ingle 5 years, 11 months ago
A distressed sale occurs when a sale must be made under unfavorable conditions for the seller. Lack of agricultural marketing infrastructure often forces the farmers to sell their produce at low prices for fear of spoilage or to pay off an imminent debt. This is termed as distress sale. Farmers tend to suffer highly on account of these sales because they not only get a low price for their products but are also cheated by the use of false weights and are charged a high commission. The government is likely to soon launch some measures that aim to end distress sales by farmers of tomato, onion and potato (TOP) crops.
Neeti Singla 5 years, 11 months ago
Posted by Chinu Bhatt 5 years, 11 months ago
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Samar Gagneja Panjabi Boy Samar 5 years, 11 months ago
Anushka Shrivastava 5 years, 11 months ago
Posted by Aafiya Shazu 5 years, 11 months ago
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Yogita Ingle 5 years, 11 months ago
- Under the British rule, farmers were forced to shift their cultivation from cultivating for self-consumption to cultivating for the markets.
- There was a shift from cultivating subsidence crops like rice and wheat to commercial crops like Indigo.
- The commercialization of Indian agriculture was done primarily to feed the British industries. Farmers were forced to cultivate Indigo which was used by British textile industries. They were also forced to accept advance payments this exposed them to market uncertainties.
- However commercialization of Indian agriculture benefitted the British traders and manufacturers, who were provided with opportunity to make huge profits by getting commercialized agricultural products (raw materials) at cheap rates.
- Earlier farmers grew crops for self-consumption, but now they needed cash to buy indigo and other commercial crops thus money lenders provided cash advances to the farmers to cultivate the commercial crops. However the inability of the farmers to repay the money put them in debt. Apart from being in debt they also failed to produce that much food which could provide two square meals a day.
Thus the consequence of commercialisation of agriculture under the British colonial rule was perpetual indebtedness of the farmers and stagnation of the agricultural sector.
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Gurjeet Cheema 5 years, 11 months ago
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