Inflation refers to rise in general price level of goods and services, deflation is fall in general price level of goods and services. Deflation is inflation in negative...
There are several ways to measure inflation. On the basis of population coverage, the inflation indices are developed to understand the levels of inflation for certain sets of...
When we combine the monetary value of all the final goods and services, it is called Gross Domestic Product or GDP. The demand for all such final goods...
Demand is the quantity of goods and services that consumers are willing and able to purchase at various prices during a particular period of time. There are five...
Various causes of poverty are listed below: Rapid growth of population Population explosion is the single most factors responsible for high level of poverty in India. This rise...
A committee under Gulshan Rai, National Cyber Security Coordinator was constituted by the NDA Government in December 2014. It has recently submitted its report on “Roadmap for Effectively...
All NBFCs are either deposit taking or Non-deposit taking. If they are non-deposit taking, ND is suffixed to their name (NBFC-ND). The NBFCs which have asset size of...
In the first week of September, 2020, the Reserve Bank of India has revised the Priority Sector Lending norms. As per the new guidelines, loans up to Rs....
Understanding the Concept of GDP The money value of all the final goods and services produced in the domestic territory of a country in a year’s time is...
