Read the following statements carefully : Statement 1 : Casual workers are hired on a permanent bas…
Read the following statements carefully : Statement 1: China has used Market system mechanism witho…
Discuss briefly, the circular flow of income in a two sector economy model. Ans. 1. Households: Pri…
As per The Economic Times report, dated April 11, 2023 “Electrie Vehicle sales cross 10 Lakh mark i…
“Under ‘Zero Defect, Zero Effect’ (ZED) scheme, the Government of India provides up to 80% subsidy …
Distinguish between Revenue Receipts and Capital Receipts of the government, with suitable example.…
Responding to the Prime Minister’s ‘Give it up campaign’ a large number of Indian families have vol…
With suitable examples Distinguish between Direct tax and Indirect tax. Ans. Direct Tax: Direct tax…
“In an economy, Aggregate Demand (AD) is more than Aggregate Supply (AS). “Elaborate the possible i…
State the meaning of ‘unintended accumulation of inventories. Ans. The "unintended accumulation of …
Define Effective Demand Principle. Ans. The Effective Demand Principle, introduced by economist Joh…
“With an objective to reduce inflation, government may reduce public Expenditure.” Discuss the rati…
