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What is meant by official reserve transactions? Discuss their importance i balance of payments.

Posted by Angad Mehra 7 years ago

CBSE > Class 12 > Economics

1 answers

Rajat Katkani 7 years ago

Official reserve transactions are those transactions by Central Bank of a country which are done for covering the deficit or surplus in balance of payment account of the country as the central bank holds the Foreign Exchange Reserves when there is a deficit in balance of payment account the Reserve Bank withdrawal foreign exchange from its results which is recorded in the credit side of capital account of balance of payment and vice versa

ANSWER

Define point of inflexion.

Posted by Xyz Abcd 7 years ago

CBSE > Class 12 > Economics

3 answers

Rajat Katkani 7 years ago

Point of inflection is a point where the marginal physical product or marginal product is maximum or we simply say that it is a point from where the slope of total product or total physical product changes from increasing rate to decreasing rate

Abhishek Attri 7 years ago

It is the turning point like Initially TP increasing at increasing rate then at dimnishing rate After the TP increasing at increasing rate Inflexion point is shown

Syed Khabib 7 years ago

It is a point from where a curve changes its curvature from from concave upward to concave downward.

ANSWER

Formula of slope of demand curve and formula of slope of supply curve ????

Posted by Abhishek Attri 7 years ago

CBSE > Class 12 > Economics

3 answers

Rajat Katkani 7 years ago

?p/?q

Abhishek Attri 7 years ago

Its correct answr is change in P/Change in Q

Aadib Hussain 7 years ago

∆Q/∆P

ANSWER

What do you mean by extranalities

Posted by Samyuktha Sundaresan 7 years ago

CBSE > Class 12 > Economics

4 answers

Samyuktha Sundaresan 7 years ago

Thank you friends

Rajat Katkani 7 years ago

Externalities are the good good and bad impacts of an activity on the society which are not paid

Angad Mehra 7 years ago

Externalities refers to good and bad impact of an economic activity without paying the price. There are positive and negative externalities.

Riya Gulati 7 years ago

Third party effect

ANSWER

Implication of price ceiling and price floor

Posted by Murali Yadav 7 years ago

CBSE > Class 12 > Economics

1 answers

Rajat Katkani 7 years ago

Implication of price ceiling is that it leads to the establishment of ration shops and also gives rise to the existence of black markets and the implications of price floor is buffer stock minimum wage legislation and minimum support price

ANSWER

The government's sarvasiksha abhiyan results in an increase in education level. What will be the effect on Ppc

Posted by Vishal Iyer 7 years ago

CBSE > Class 12 > Economics

1 answers

Rajat Katkani 7 years ago

Due to governments Sarva Shiksha Abhiyan the PPC would tend to shift to the right right side s take to develop skills in the workforce and increase the possible level of production

ANSWER

C=100+0.75yd,i=500,g=750,T=20%, x=150,M=100+0.2y

Posted by Malappa Guddalli 7 years ago

CBSE > Class 12 > Economics

0 answers

ANSWER

Open economy macroeconomics

Posted by Malappa Guddalli 7 years ago

CBSE > Class 12 > Economics

2 answers

Rajat Katkani 7 years ago

Open Economy in macroeconomics refers to economy where exist Government and foreign trade or simply four sector model

Vishal Iyer 7 years ago

It is that economy in which the domestic country has trade relations with outside world along with the 3 sector model

ANSWER

Is function of money and limitations of barter system of exchange is in our syllabus??

Posted by Indrajeet Arora 7 years ago

CBSE > Class 12 > Economics

5 answers

Rajat Katkani 7 years ago

You must go through it once

Samyuktha Sundaresan 7 years ago

No

Vishal Iyer 7 years ago

They can ask any 1 limitation for 3 marks

J K 7 years ago

No

Vishal Iyer 7 years ago

Ya

ANSWER

Frequently asked questions in macro part??

Posted by Ananthu Ak 7 years ago

CBSE > Class 12 > Economics

0 answers

ANSWER

An increase in fixed cost will affect total cost but it will not affect marginal cost? Discuss.

Posted by Sonal Chandila 7 years ago

CBSE > Class 12 > Economics

2 answers

Rajat Katkani 7 years ago

Firstly in short run it's not possible to increase the fixed cost but it can be done in long run when there are no fixed factors and hence if any of the cost changes or simply total cost changes the marginal cost would definitely change

Indrajeet Arora 7 years ago

Fixed cost can't be increase or decrease however the change in Total cost can be seen through Total variable cost because in short run more output can be produced by mere change in variables factor.

ANSWER

How many numerical questions and numerical marks in economics paper ? I ask in economics paper.

Posted by Sonia Kathuria 7 years ago

CBSE > Class 12 > Economics

2 answers

Angad Mehra 7 years ago

One from national income and from short run equilibrium output.

Samyuktha Sundaresan 7 years ago

Surely one six mark will come from macroeconomics i.e.from national income. For three or four mark they can ask from government budget .i am not sure about four mark but six mark is conform and iam 100% sure

ANSWER

treatment of taking care of parents in national income ???

Posted by Poonam Goyal 7 years ago

CBSE > Class 12 > Economics

2 answers

Rajat Katkani 7 years ago

Taking care of child by their parents is not included while calculating national income as it is difficult to compute the monetary value of self rendered services like this similarly the services rendered by a house wife is also not included while computing national income

Sonal Chandila 7 years ago

Taking care in the form of love, respect, provide them the medicines etc. Those 'care' which can be measured in monetary terms will be included in National Income but which can't be measured in monetary terms will not be included in National Income.

ANSWER

Is private income, person income and disposable income in syllabus this year?

Posted by Vidushi Khurana 7 years ago

CBSE > Class 12 > Economics

1 answers

Digvijay Pandey 7 years ago

No

ANSWER

Waht is introsectrol

Posted by Abdul Hamid 7 years ago

CBSE > Class 12 > Economics

2 answers

Vishal Iyer 7 years ago

*intersectoral

Vishal Iyer 7 years ago

Do u mean interaectoral distribution of income?

ANSWER

Why AS curve is 45° line??

Posted by Manish Agarwall 7 years ago

CBSE > Class 12 > Economics

3 answers

Rajat Katkani 7 years ago

Aggregate supply curve aur income line is 45 degree line is aggregate supply is the sum total of consumption expenditure and savings and also income can be disposed in 2 ways that is it can either be consumed or saved hence concluding that aggregate supply and income are both the same thing and while putting it on graph we take it on the y-axis and income employment and output on the x-axis but as both are the same thing when it is put it on graph all the points are equidistant from x axis as well as y-axis creating a line which is 45 degree positively slope

Manish Agarwall 7 years ago

Can you elaborate witg example

J K 7 years ago

At every point of 45°degree line AD will be equal to AS

ANSWER

Is it correct that if revenue budget balances,capital budget also balances?

Posted by Anjali Phukan Phukan 7 years ago

CBSE > Class 12 > Economics

1 answers

Shreya Poojari 7 years ago

No

ANSWER

What is Stock Supply?

Posted by Aastha Garg 7 years ago

CBSE > Class 12 > Economics

2 answers

Indrajeet Arora 7 years ago

1)Stock supply is the another name of money supply 2) It refers to total volume of money held by public at a particular point of time .

Shreya Poojari 7 years ago

These two are different terms..... Stock refers to the total quantity of a commodity available with the producer at a point of time. Supply is a part of stock of a commodity which producer is ready to sell.

ANSWER

Derive a straight line saving curve using the following consumption function C=20+0.6Y Presuming the income levels to be Ra 100 , Rs 200 and Rs 300 crores . Also calculate that level of income where consumption is equal to income.

Posted by Anjali Phukan Phukan 7 years ago

CBSE > Class 12 > Economics

0 answers

ANSWER

Bahi CBSE guide me syllabus update nhi hua hai na eco me Micro hi aa rhi hai Indian development nhi aa rhi

Posted by Harsh Agrawal????☺☺ 7 years ago

CBSE > Class 12 > Economics

1 answers

Unkno_Own N 7 years ago

Vhi mai bhi dhund ri??abhi inke exams khatam hone de

ANSWER

Difference between inflationary and deflationary Gap??

Posted by Angad Mehra 7 years ago

CBSE > Class 12 > Economics

1 answers

Indrajeet Arora 7 years ago

1)Inflationary gap refers to a situation where the aggregate demand was more than aggregate supply corresponding to full employment level of income. 2)Deflationary gap refers to a situation where the aggregate demand was less than the aggregate supply corresponding to full employment level of income. Both of the situation are readjusted through the fiscal policy of the government and the monetary policy of central bank . For a detailed explanation visit Chandan poddar ( grooming education academy) youtube for free lectures of economic. I also learned from there.

ANSWER

What is the shape of Tc curve

Posted by Gaming Express 7 years ago

CBSE > Class 12 > Economics

1 answers

Tanuj Chauhan 7 years ago

Starting from the 0 point in inversely s-shaped

ANSWER

Which of the following effect national income.......subsidies or coorporate tax or gst or none of them

Posted by Afifa Gaur 7 years ago

CBSE > Class 12 > Economics

5 answers

Vishal Iyer 7 years ago

It can either be subsidies or cooperate tax bcoz under value added method subsidies is a part of net indirect taxes and in income method cooperate tax is included in total profits of the operating surplus

Kanika Mastana 7 years ago

None..

Indrajeet Arora 7 years ago

The correct answer was corporations tax .

Tanuj Chauhan 7 years ago

I think subsidies

Aman Nagar 7 years ago

Coorporate tax

ANSWER

Give two examples, explain why there is a rise in demand for a foreign currency when its price falls

Posted by Sayma Khan 7 years ago

CBSE > Class 12 > Economics

1 answers

Indrajeet Arora 7 years ago

Because there exists an inverse relationship between demand for foreign exchange and price. For deatailed answer and explanations visit Chanda Poddar ( grooming education academy) on YouTube channel for free lectures.

ANSWER

How do commercial bank create deposit

Posted by Sadhana Jain 7 years ago

CBSE > Class 12 > Economics

1 answers

J K 7 years ago

Through credit creation, Mean's by offering loans to public through deposits

ANSWER

Gdp as an index of welfare may understate or overstate welfare.

Posted by Preyashi Rajput 7 years ago

CBSE > Class 12 > Economics

2 answers

Vishal Iyer 7 years ago

GDP is not a true index for welfare... Let's take an example now in a country the inflation rate in increasing steadily, but this doesn't affect the GDP.... But still the poor people of the country ate suffering due to high prices of commodities.

J K 7 years ago

Yes because of some factors as:- unequal distribution of income 2.compostion of income 3.non-monetry transaction and 4.externalities

ANSWER

Blue print of economics

Posted by Ashna Rane 7 years ago

CBSE > Class 12 > Economics

0 answers

ANSWER

Comparison between different markets structure will come in exam??? ?????

Posted by Digvijay Pandey 7 years ago

CBSE > Class 12 > Economics

2 answers

Harsh Agrawal????☺☺ 7 years ago

Perfect competition has more chances than others

Rajat Sharma 7 years ago

Yes, it might come but very less possiblity. Basis of difference will be given

ANSWER

What is mean by price ceiling and price floor tell me guys

Posted by Samyuktha Sundaresan 7 years ago

CBSE > Class 12 > Economics

2 answers

Samyuktha Sundaresan 7 years ago

Thank you digvijay

Digvijay Pandey 7 years ago

Price ceiling refers to fixing the maximum price of a commodity at a level lower than the equilibrium price. Price floor refers to the minimum price fixed by the government which the producers must be paid for their produce.

ANSWER

Economics ko deeply pdu ja revision only for 95 % marks in economics kasie tyari kru

Posted by Kaju Kalu 7 years ago

CBSE > Class 12 > Economics

1 answers

Rajat Sharma 7 years ago

Revise deeply

ANSWER

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