Balance of Payments (BOP) is a systematic and summary record of a country’s economic and financial transactions with the rest of the world, over a period of time, say...
1. India entered into planned development era in 1950’s and at that time Import Substitution was a major element of India’s trade and industrial policy.2. In 1950 India’s...
Understanding the basic concepts of economics is crucial for grasping how economies operate. This is the list of 50 most basic concepts in Economy. Supply and Demand: The...
