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Aayat Hussain 5 years, 4 months ago

Which chapter that you want notes
  • 1 answers

Sonu Chand 5 years, 4 months ago

A 'Financial system' is a system that allows the exchange of funds between financial market participants such as lenders, investors, and borrowers. Financial systems operate at national and global levels.
  • 1 answers

Gaurav Seth 5 years, 4 months ago

Domestic territory: In common language, the domestic territory of a nation means political territory of a nation. In economics, it refers to economic territory which refers to the geographical territory administered by a government within which persons, goods and capital circulate freely. Domestic territory of a nation includes the following:
a) Territory lying within the political frontier including territorial waters of a country.
b) Ships and air crafts operated by residents of the country across different parts of the world.
c) Embassies, consulates and military establishments of a country located in abroad.

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Gaurav Seth 5 years, 4 months ago

<a href="http://cbseacademic.nic.in/revisedcurriculum_2021.html">http://cbseacademic.nic.in/revisedcurriculum_2021.html</a>

click on the given link to know about the deleted topics and revised syllabus 

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Sia ? 4 years, 1 month ago

Generally speaking, social modernization refers to the global frontiers of social changes as well as the actions and process of reaching and keeping up with the global frontiers.

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Sia ? 4 years, 5 months ago

Economic recovery is the business cycle stage following a recession that is characterized by a sustained period of improving business activity. Normally, during an economic recovery, gross domestic product (GDP) grows, incomes rise, and unemployment falls and as the economy rebounds.
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Yogita Ingle 5 years, 4 months ago

At the time of independence, the land tenure system was characterised by intermediaries called zamindars, jagirdars etc. Who merely collected rent from the actual tiller without contributing towards improvements on the farm. This demotivated the actual tiller and resulted in low productivity in this sector. Because of this, there was an urgent need for land reform policy. - The important policies of India’s land reform strategy were:
(i) Abolition of Intermediaries The Zamindari system was abolished and ownership rights were confused to the actual tiller of land.
(ii) Regulation of Rent Rent was regulated and a maximum limit of 33 % of the value of crop was fixed.
(iii) Land Ceiling The maximum size of land holding that an agricultural household can own was fixed.the surplus land was acquired after paying compensation and was re-distributed among poor farmers.
(iv) Consolidation of Land Holding To increase productivity farmers were given big piece of land in place of his small and fragmented fields.
(v) Co-operative Farming Co-operative farming was encouraged to further benefit from the gains of consolidation of holdings.

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Yogita Ingle 5 years, 4 months ago

Functional definition of money refers to money as anything that performs four basic functions, (a) It serves as a medium of exchange. (b) It serves as a standard unit of value. (c) It serves as a means for future / contractual payments or standard of deferred payments

FUNCTIONS OF MONEY Functions of money can be broadly categorized into two types:

(a) Primary functions

(b) Secondary functions

(A) PRIMARY FUNCTIONS i) MEDIUM OF EXCHANGE:
  • It means that money can be used to make payments for all transactions of goods and services.
  • A buyer can buy goods through money and a seller can sell goods for money.
  • It is an essential function of money.

ii) MEASURE OF VALUE:

  • Money serves as a measure of value.
  • Value of all goods and services is expressed in terms of money.
(B) SECONDARY FUNCTIONS i) STANDARD OF DEFERRED PAYMENTS:
  • It means that money acts as a ‘standard’ for making future payments.
  • It has made deferred payments much easier than before.
  • Example: When we borrow money from somebody, we have to return both the principal as well as interest amount in the future.
  • Money is a convenient mode of calculation & payment of interest amount to be paid in the future.
  • This function has facilitated borrowing and lending.
  • It has also led to the creation of financial institutions.

ii) STORE OF VALUE:

  • Store of value implies a store of wealth.
  • Money can be easily stored for future use.
  • It is the most convenient and economical means of storing earnings and wealth.

iii)TRANSFER OF VALUE:

  • Money also serves for transfer of value.
  • It facilitates buying and selling of goods not only in the domestic country but also in other parts of the world.
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Ishant Sharma 5 years, 4 months ago

Yes on cbse guide app u cn get the ??
  • 1 answers

Varsha Dahiya 5 years, 4 months ago

-Level of output of goods and services in economy -general price level -GDP growth
  • 1 answers

Varsha Dahiya 5 years, 4 months ago

A plan spells out how the resources of a nation should be put to use. It should have some general goals as well as specific objectives which are to be achieved eithin specified period of time.
  • 2 answers

Gaurav Seth 5 years, 4 months ago

Stock is static concept. Eg: wealth, water in a tank. Flow: Flow is that quantity of an economic variable, which is measured during the period of time. Flow has time dimension- like per hr, per day etc. Flow is a dynamic concept.

Aaiman Farhin 5 years, 4 months ago

We can measure stock. It is countable. For ex stock of goods at the end of the year is countable
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Raju Dhap 4 years, 2 months ago

introduction of atm outlets has brought about wasteful expenditure justify refute
  • 1 answers

Aaiman Farhin 5 years, 4 months ago

There are two types of economics 1. Microeconomics- In this economics we study economy as a part. 2. Macroeconomic - In this economy we study economy as a whole
  • 1 answers

Varsha Dahiya 5 years, 4 months ago

False , zamidari system during british rule didn't brought stability , istead , it brought instability to cultivate. Bcuz this system led to frequent ejection of tillers of soil.They lost their permanent rights of cultivation and accordingly lost permanent interest in cultivation .
  • 2 answers

Yogita Ingle 5 years, 4 months ago

Macroeconomics is the branch of economics that deals with the behavior and performance of an economy as a whole.

It is generally the study of central issues like

  • Employment
  • The growth rate of National output
  • GDP
  • Inflation
  • General Price level and stability

Aditi Shukla 5 years, 4 months ago

Macro economics is that branch of economics which studies regarding the economic issues, relationship at the level of economy as a whole.
  • 1 answers

Sia ? 4 years, 1 month ago

You can check here : http://mycbseguide.com/cbse-syllabus.html

  • 4 answers

Rajesh Bhatia 5 years, 4 months ago

1881..

Rejaw Uddin 5 years, 4 months ago

What is economy

Yogita Ingle 5 years, 4 months ago

India’s first official census operation was undertaken in the year 1881 and after that the Census has been conducted in every 10 years.
 

Petrolhead Wikitrix ?? 5 years, 4 months ago

1881
  • 1 answers

Aaiman Farhin 5 years, 4 months ago

Government budget is needed to estimate all the revenue and expenditure of the fiscal year it helps the government in planning.
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