No products in the cart.

Ask questions which are clear, concise and easy to understand.

Ask Question
  • 1 answers

Sia ? 3 years, 5 months ago

Net Indirect Tax is the difference between the Indirect tax and subsidy. To find out Market Prices (MP), indirect taxes are added and subsidies are subtracted from Factor Cost (FC) as explained above.

  • 5 answers

Shubhanshi Singh 3 years, 5 months ago

Dadabhai Naoroji, William Digby, Findlay Shirras ,V.K.R.V Rao and R.C Desai

Veenu Bahl 3 years, 5 months ago

V. k rao

Ayush Mishra 3 years, 5 months ago

R.c.desai

Akshali Mittal 3 years, 5 months ago

Vk rv rao Dadabhai narooji Rc desai Are the economists

Sia ? 3 years, 5 months ago

Rao and R.C. Desai are the economists who estimated India’s national income and per capita income during the colonial period.

  • 2 answers

Preeti Dabral 3 years, 4 months ago

Deflationary gap is the shortfall in AD from the level required to maintain full employment equilibrium in the economy. In other words, it is equal to the difference between AD at full employment and AD at underemployment. In such a situation, there is involuntary unemployment in the economy. When an economy undergoes a deflationary shock, the implications can be both positive and negative for consumers and businesses. Disinflation usually occurs during a period of recession and manifests itself by slowing down the rate at which prices increase; this occurs as a result of a decrease in consumer sales.

Sia ? 3 years, 5 months ago

the implications can be both positive and negative for consumers and businesses. Disinflation usually occurs during a period of recession and manifests itself by slowing down the rate at which prices increase; this occurs as a result of a decrease in consumer sales.

  • 2 answers

Preeti Dabral 3 years, 4 months ago

Land productivity indicates the land's capacity to support and sustain life and is beneficial for ascertaining land degradation

EXPLANATION:

Land productivity is dependent on numerous factors such as its natural qualities, that is if the land is leveled and flat, it will be more productive than an undulant land; irrigation means also impact the land productivity.

Lands depending on canals, tanks, tube wells, and so on are more productive than lands which depend on rainfall; lands located near the marketplace is more productive than lands situated in distant areas, since lands situated near the market needs less money and time to transport the produce to the market; land productivity also depends on its proper utilization; if enhancements such as hedging, irrigation channels, consolidation of land holdings, and so on are done on lands, its productivity rises; if enhanced methods of cultivation such as fertilizers, mechanized plows, quality seeds, and so are used land productivity increases; the efficiency of labor is another determining factor for land productivity.

If labor is effectual in sowing seeds, cutting crops, spraying pesticides, watering plants, and so on at the correct time, land productivity increases; agricultural policies of the govt. also impacts the land productivity. If govt. passes laws for consolidating holdings, passing land ownership to cultivators, regulating land rents, abolishing intermediaries, and so on land productivity increases. Likewise, land productivity increases if the govt. backs and supports research in agriculture and offers credit facilities to agriculturists.

Sia ? 3 years, 5 months ago

land productivity is a continuous variable, which represents land cover through vegetation density and vigor. Land productivity can indicate the land's ability to support and sustain life and is useful for identifying land degradation.
CASE BASED QUESTIONS ; Read the following article and answer the following questions given below The RESERVE BANK of India unexpectedly cut its key deposits rate , for the second time in three weeks , to discourage banks from parking idle funds with it and spur lending instead , to revive a flagging economy amid the corona virus lockdown. This week, Prime Minister Narendra Modi extended until May 3 a lockdown of the population of 1.3 billion as INDIA,s tally of infections exceeded 10,000 , despitr the three-week shutdown ordered from March 24. The RBI cut its reverse repo rate by 25 basis points (bps) to 3.75% with immediate effect, Governor Shaktikanta Das told a video conference. The rate had already been cut by 90 bps on March 27. The surplus liquidity in the banking system has risen significantly in the wake of government spending and the various liquidity enhancing measures undertaken by the RBI he had . In order to encourage banks to deploy these surplus funds in investments and loans in productive sectors of the economy , it has been decided to reduce the fixed-rate reverse repo rate. 2. The Reverse bank of India lowered reverse repo rate to discourage banks from parking idle funds with _____________ (RBI \ COMMERCIAL BANKS ) 3. RBI measures of reduction in reverse repo rate is done to enable commercial banks a) To use the surplus funds for investment b) To grant loans for productive purposes c) To widen economic and financial landscape d) All of these 4. Reverse repo rate is __________ (increased \ decreased) to correct excess demand. 5. When reverse repo rate is reduced , it __________ a) Discourage the commercial banks to park their surplus funds with RBI b) Encourage the commercial banks to park their surplus funds with RBI c) Both (a) and (b) d) Neither (a) nor (b)
  • 1 answers

Shivansh Garg 3 years, 5 months ago

2.RBI 3.d)All of these 4.increased 5.a)Discourage the commercial banks to park their surplus funds with RBI
  • 1 answers

Prekshi Goyal 3 years, 6 months ago

GDPfc= NNPmp+DEPRECIATION-NFIA-NIT 5000=5800+150-NFIA-250 NFIA=5800+150-250-5000 NFIA=700
  • 2 answers

Preeti Dabral 3 years, 4 months ago

Buying and selling of securities by the central bank

Anshmeen Kaur 3 years, 6 months ago

It refers to sale and purchase of securities by the central bank to the commercial banks
  • 1 answers

Preeti Dabral 3 years, 4 months ago

In rural areas disguised and seasonal unemployment is seen while urban areas have mostly educated unemployment . In seasonal unemployment peopld are not able to find jobs during some months of the year.In disguised unemployment people appear to be employed but actually they are not.If extra people are employed in any work and the production of the field is not increasing then these people are disguised unemployed.In educated unemployment many youths with matriculation ,graduation and post graduation degrees are not able to find job.

  • 1 answers

Preeti Dabral 3 years, 4 months ago

 Depreciation on Fixed Capital Good {tex}= \frac { \text { Value of Fixed Capital Good } } { \text { Life Span } } = \frac { 15 } { 5 } = Rs. 3 lakhs{/tex}

Therefore, Net Value Added at Market Price (NVAMP) = Sales + Net Change in Stock - Raw Materials - Depreciation on Fixed Capital Good

= 25+ (-2) - 6 - 3 = Rs. 14 lakhs

  • 1 answers

Preeti Dabral 3 years, 4 months ago

Credit Control: Credit control is a strategy employed by manufacturers and retailers to promote good credit among the creditworthy and deny it to delinquent borrowers. This will both increase sales and decrease bad debts, thus improving a company's cash flow.

Credit control is an important component in the overall profitability of many firms.

Credit control is the system used by a business to make sure that it gives credit only to customers who are able to pay, and that customers pay on time.

  • 1 answers

Deepanshu Jha 3 years, 6 months ago

Yes this statement is true household and firm depend on each other because household give land labour capital as well as entrepreneur and firm produce good and services by using factor service that is use by the household as a consumption purpose
  • 2 answers

Akshali Mittal 3 years, 5 months ago

To supply of money And control over commercial banks are the two main functions of Central Bank(RBI)

Deepanshu Jha 3 years, 6 months ago

They are banker bank and they have right to issue currency and coin . They are banker of govt.
  • 1 answers

Deepanshu Jha 3 years, 6 months ago

They have a legal right to issue the currency except one rupees note one rupees currency .they are banker bank that mean as the commercial bank are the banker of the people similarly RBI is the banker of the commercial bank. In barter system there is a exchange of goods for the goods. At the time of repayment the borrower does not give the same quality of good so.. they are violated these thing by the barter system
  • 1 answers

Preeti Dabral 3 years, 4 months ago

  • There will be underemployment equlibrium.
  • According to Keynes, equilibrium is mere intersection of AD and AS, full employment may or may not be there.
  • Under employment equilibrium refers to a situation when AD is equal to AS but resources are not fully utilised.
  • It occurs prior to the full employment level.
  • 1 answers

Bhawna Jha 3 years, 6 months ago

1 .Green Revolution just focused on few states . 2. This intensified the disparities between the large and small farmers.
  • 1 answers

Sia ? 3 years, 5 months ago

Infrastructure is the set of fundamental facilities and systems that support the sustainable functionality of households and firms. Serving a country, city, or other area, including the services and facilities necessary for its economy to function.

  • 2 answers

Bhawna Jha 3 years, 6 months ago

Conclusion of circular flow in a simple economy Total production of goods and Services is equal to total consumption of services by the by the households. Factor Payments by firm is equal to factor incomes of household. Consumption expenditure by household is equals to factor income of household. Real flow in the firm of factor services and final goods and services is equal to money flow between firms and households

Bhawna Jha 3 years, 6 months ago

The circular flow of income in two sector is based on assumptions - Household uses its whole income on consumption and provides all its factors of production to the firms and firms sold the total goods produced
  • 1 answers

Bakul Gupta 3 years, 6 months ago

Planning is required to revive the backward and stagnant Indian economy
  • 1 answers

Shivam Kumar 3 years, 6 months ago

1) Final goods are those which are produced to be consumed directly by the consumer. Ex :- Bread, microwave, milk etc. 2) Intermediate goods are those which are used for producing final goods. Ex :- wood, steal, coal etc are used in further production of goods.
  • 1 answers

Amit Chopra 3 years, 6 months 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.
  • 2 answers

Sneha Shaji Joy 3 years, 6 months ago

Hope this helps..

Sneha Shaji Joy 3 years, 6 months ago

1)The trade was characterized and was commonly called as an inwardly looking trade strategy .Technically this strategy is known as import substitution. 2)This policy aims in replacing or substituting imports with domestic production. 3)In this policy the government protects the domestic industries from foreign competition. 4)Protection from imports took two forms, 1: tariff , the tax on imported goods 2: quotas, they specify the quantity of goods which can be imported. 5)The effect of tariffs and quotas are that it restricts imports and protect domestic firms. 6) The notion behind this policy is that the industries that are developing is in no position to compete against goods produced from developed industrial economies.
  • 1 answers

Sia ? 3 years, 6 months ago

<center>Stock</center> <center>Flow</center>
<center>Definition</center>
Stock is defined as a variable that is measured at a particular point in time Flow is defined as a variable which is measurable over a period of time
<center>Time Dimension</center>
Stock does not have a time dimension attached with it Flow has a time dimension attached with it
<center>Nature</center>
Stock is static in nature Flow is dynamic in nature
<center>Influence</center>
Stock influences the flow, as such greater amount of capital will lead to greater flow of services Flow influences the stock, as in increased flow of money supply in an economy results in increase in the quantity of money
<center>Examples</center>
Bank deposits, capital, wealth, population Capital formation, income, interest on capital, depreciation
  • 1 answers

Amit Chopra 3 years, 6 months ago

Merits of Mixed Economy Demerits of Mixed Economy (d) Advantages of Economic Planning (d) Lack of Efficiency (e) Lesser Economic Inequalities (e) Delay in Economic Decisions (f) Competition and Efficient Production (f) More Wastages (g) Social Welfare (g) Corruption and Black Marketing
  • 1 answers

Sia ? 3 years, 6 months ago

Microeconomics is the study of economics at an individual, group, or company level. Whereas, macroeconomics is the study of a national economy as a whole. Microeconomics focuses on issues that affect individuals and companies. Macroeconomics focuses on issues that affect nations and the world economy. Unemployment, interest rates, inflation, GDP, all fall into Macroeconomics. Consumer equilibrium, individual income and savings are examples of microeconomics.

  • 1 answers

Sia ? 3 years, 6 months ago

It is true that under the British rule, there was significant infrastructural development in the country. But the actual motive of the British behind the infrastructure development was only to serve their own colonial interests. British rule brought about development in the areas of transport and communication. The roads served the purpose of mobilising the army within India and facilitating transportation of raw materials from different parts of the country to ports, and ports were developed for easy and fast exports to and Imports from Britain. Similarly, railways were introduced and developed for commercialization of agriculture and for the transportation of finished goods of British industries to the interiors of India. Railways assisted British industries to widen the market for their finished products. Posts and telegraphs were developed to enhance the efficiency and effectiveness of the British administration in maintaining law and order. Hence, the aim of infrastructural development was not the growth and development of the Indian Economy but to serve the economic and political interests of Britain.

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Download myCBSEguide App