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When AD is greater than AS then unsold stock with the producer decreases and producer will intend to produce more in coming years till AD is equal to AS

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Explain how the government can use the budgetary policy in reducing inequality of income in the economy

Posted by Raj Jamatia 6 years, 5 months ago

CBSE > Class 12 > Economics

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Yuganshi Khattar 6 years, 5 months ago

By imposing more tax on richer section of society. By giving subsides to poor section of society

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How is Real Gross Domestic Product (GDP) different from Nominal Gross Domestic Product (GDP)

Posted by Raj Jamatia 6 years, 5 months ago

CBSE > Class 12 > Economics

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Discuss briefly the role of the government budget in influencing "allocation of resources "in the economy.

Posted by Raj Jamatia 6 years, 5 months ago

CBSE > Class 12 > Economics

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Distinguish between depreciation of a currency and devaluation of a currency

Posted by Raj Jamatia 6 years, 5 months ago

CBSE > Class 12 > Economics

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Yuganshi Khattar 6 years, 5 months ago

Depreciation of a currency is managed by market forces of demand and supply whereas devaluation is managed by government of the country

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State on which side of capital account /current account will the following transactions be recorded and why: (i) Interest on loan received from Nepal (ii) Import of mobile phones from China

Posted by Raj Jamatia 6 years, 5 months ago

CBSE > Class 12 > Economics

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Yuganshi Khattar 6 years, 5 months ago

1 Credit side of capital account 2 Debit side of current account

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State any two factors responsible for inflow of foreign currency

Posted by Raj Jamatia 6 years, 5 months ago

CBSE > Class 12 > Economics

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Yuganshi Khattar 6 years, 5 months ago

Loan from abroad Unilateral transfer from abroad

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What is meant by the "Effective Demand Principle " in Keynesian theory of employment? Discuss using a schedule or a diagram.

Posted by Raj Jamatia 6 years, 5 months ago

CBSE > Class 12 > Economics

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Find national income

Posted by Farha Lulu 6 years, 5 months ago

CBSE > Class 12 > Economics

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Sakshi Sharma??️??️ 6 years, 5 months ago

What's the question

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Demonetisation topic we choose for economic project file

Posted by Anuj Malik 6 years, 5 months ago

CBSE > Class 12 > Economics

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Shravan Kumar 6 years, 4 months ago

Yes you can.

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Explain the importance of

Posted by I Am Solo Yuvraj 6 years, 5 months ago

CBSE > Class 12 > Economics

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Sakshi Sharma??️??️ 6 years, 5 months ago

What's the question??

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What is flow

Posted by I Am Solo Yuvraj 6 years, 5 months ago

CBSE > Class 12 > Economics

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Ritu Manon 6 years, 5 months ago

Anything that is measured over a period of time eg, national income

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Gayatri Nanda 6 years, 5 months ago

It relates to period of time It has time dimension eg. Monthly salary of x Flow influences the stock Eg. Increase in income leads to increase in quantity of wealth

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What is five years plans

Posted by Tanya Galhotra 6 years, 4 months ago

CBSE > Class 12 > Economics

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Sia ? 6 years, 4 months ago

An economic plan allocates the resources of a nation to fulfil the general and specific goals as planned by the government for a specified period. In India, these plans are made for five years and hence are known as five year plans.

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Definition nd difference btw domestic product nd national product

Posted by Abhinu Rajpoot 6 years, 5 months ago

CBSE > Class 12 > Economics

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Ritu Manon 6 years, 5 months ago

Domestic products are produced within the domestic territory of a country both by the normal residents as well as the non residents........ Whereas national products can be produced in any part of the world by only the normal residents of the country...... You should take care of the fact that domestic product looks at domestic territory only but national product considers the normal residents only

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The traditional handicrafts industries were ruined under the British rule. Do you agree with this view. Give reasons in support of your answer.

Posted by Nitika Sharma 6 years, 5 months ago

CBSE > Class 12 > Economics

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Ritu Manon 6 years, 5 months ago

Yes the traditional handicrafts industries were ruined under British rule as the wanted to convert Indian economy into a feeder economy so that they could get raw materials for their industries established under industrial revolution in Britain and can turn India into a sprawling market for finished goods from Britain.....so in order to achieve this objective they systematically deindustrialised our already established industries

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What is money and expllain its type

Posted by Chandrapal Pal 6 years, 5 months ago

CBSE > Class 12 > Economics

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Sia ? 6 years, 5 months ago

Money is defined as a generally accepted medium of exchange for goods and services.
Types of money are:
Commodity Money
Fiat Money
Fiduciary Money
Commercial Bank Money

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What was the two fold motive behind the de-indusrilisation effected by the britishers ?

Posted by Sagar Sharma 6 years, 5 months ago

CBSE > Class 12 > Economics

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Pawan Preet 6 years, 5 months ago

To get raw materials from indis at cheaper rate. TO Sell things manufactured by Britisher at higher rate in india.

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What is a repo rate ?

Posted by Jatin Bhardwaj 6 years, 5 months ago

CBSE > Class 12 > Economics

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Ritu Manon 6 years, 5 months ago

Repo rate is a rate at which central bank ( RBI) lends money to the commercial banks for for a short period against approved securities

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Yogita Ingle 6 years, 5 months ago

Repo rate is the rate at which the central bank of a country (Reserve Bank of India in case of India) lends money to commercial banks in the event of any shortfall of funds. Repo rate is used by monetary authorities to control inflation.

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Deficit in the B.O.P

Posted by Anjali Sahu 6 years, 4 months ago

CBSE > Class 12 > Economics

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Sia ? 6 years, 4 months ago

The BOP is reported for a quarter or a year. A balance of payments deficit means the country imports more goods, services and capital than it exports.

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USO hairsprays dg uh xh do JH

Posted by Harshit Khurana 6 years, 5 months ago

CBSE > Class 12 > Economics

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India's foreign trade throughout the colonial period was market by a large export dificit? True/false , give reason

Posted by Yug Agrawal 6 years, 5 months ago

CBSE > Class 12 > Economics

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What changes take place in economy when it is not in equilibrium

Posted by Pinky Mishra 6 years, 5 months ago

CBSE > Class 12 > Economics

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Surya Surya 6 years, 5 months ago

Demand and aupply do not equal

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Give two examples of macroeconomics studies

Posted by Tanya Bisht 6 years, 5 months ago

CBSE > Class 12 > Economics

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Difficulties in calculating national income in india

Posted by Ansh Kalra 6 years, 5 months ago

CBSE > Class 12 > Economics

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The activity which do not involve any monetory aspect in exchange are economic activity?/ true or false

Posted by Yug Agrawal 6 years, 5 months ago

CBSE > Class 12 > Economics

2 answers

Yug Agrawal 6 years, 5 months ago

Reason

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Kratika Gurung 6 years, 5 months ago

False

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What are the reasons of low levle of agricultural productivity during colonial period

Posted by Krishna Sharma 6 years, 5 months ago

CBSE > Class 12 > Economics

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Gaurav Seth 6 years, 5 months ago

Main causes of India's agricultural stagnation:

1. Land tenure systems : The stagnation in the agricultural sector was caused mainly because of the various systems of land-settlement that were introduced by the colonial government. Particularly under the Zamindari system, the profit accruing out of the agriculture sector went to Zamindars instead of the cultivators. The Zamindars did nothing to improve the condition of agriculture. Their main interest was only of collect rent regardless of the economic conditions of the cultivators. This caused immense misery and social tension among the latter. Under Zamindari system, intermediaries (Zamindari) benefitted at the cost of both actual cultivator and the state.

2. Low level of technology etc. : Low level of technology, lack of irrigation facilities and negligible use of fertilizers etc. lowered down the productivity of land.

3. Commercialisation of agriculture : Commercialisation of agriculture means producing crops for sale in the market rather than for self consumption. Farmers were forced to cultivate commercial crops like indigo which was required by the textile industry in Britain for dyeing of the textile. It led to fall in the production of food-crops leading to frequence occurrence of famine. Indian agriculture was transferred into a raw material exporting sector for England.

4. Partition of country : Partition of the country in 1947 adversely affected India's agricultural production. The rich food production areas of west Punjab and Sindh went to Pakistan. It created scarcity of food in India. The jute production area went to East Pakistan (now Bangladesh). The just industry was most adversely affected due to partition of the country.

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Relationship between stock and flow

Posted by Devika Dean 6 years, 5 months ago

CBSE > Class 12 > Economics

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Sia ? 6 years, 5 months ago

A stock is measured at one specific time, and represents a quantity existing at that point in time (say, December 31, 2004), which may have accumulated in the past. A flow variable is measured over an interval of time. Therefore, a flow would be measured per unit of time (say a year).

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I think tough......?????

Posted by Kajal Kunwar 6 years, 5 months ago

CBSE > Class 12 > Economics