thisishiral

Write a note on the circular flow of income in a two-sector economy?

CIRCULAR FLOW OF INCOME IN A TWO-SECTOR ECONOMY: *INTRODUCTION: ~ The two sector model is highly simplified models with only two sector-i.e. households and firms. ~ It illustrates the circular flow of income between these two sectors. *ASSUMPTIONS: i... Read >

Explain the circular flow of income with the inclusion of the financial sector.

*INTRODUCTION: ~ The three sector model is actually an extension of the two-sector model. ~ Apart from households and business firms, it includes the financial sector on account of the savings and investments made by households and firms. ~ Thus, the ... Read >

Explain the circular flow of income in an open economy?

Circular Flow of income in an open economy *INTRODUCTION: ~ The open economy consists of five sectors. ~ These comprise of households, business firms, financial sector, government sector and foreign sector. ~ The inclusion of foreign sector indicates ... Read >

INTRODUCTION TO MACRO-ECONOMICS: NATURE AND SCOPE.

CH-1 INTRODUCTION TO MACRO-ECONOMICS: NATURE AND SCOPE. Q1: What is micro-economics? Bring out its significance and limitations? ANS: *INTRODUCTION:- ~ Economics is the study of allocation of scarce resources among competing ends which have alternative... Read >

BALANCE OF TRADE AND BALANCE OF PAYMENTS.

• INTRODUCTION : “The balance of payment of a country is systematic record of all economic transactions between the residents of the reporting country and the residents of foreign countries during a given period of time “ The term ‘residents’ includes i... Read >

What is foreign exchange rate? How is it determined? Which factors are responsible for its change?

Foreign Exchange Rate. *INTRODUCTION: ~ Foreign Exchange Rate is the rate at which the currency of a country is exchanged against the currency of another country. It is the value of one currency in terms of another currency. ~ The foreign exchange rate... Read >

Evaluate RBI’s Monetary Policy.

Evaluation of RBI’S Monetary Policy. *INTRODUCTION: ~The RBI is the central bank of India and it enjoys the apex position in the country’s monetary and banking structure. ~It influences the country’s financial markets through its Monetary policy. ~Ove... Read >

RBI’s INTERVENTION AND FOREIGN EXCHANGE RATE MANAGEMENT

CH 22: RBI’s INTERVENTION AND FOREIGN EXCHANGE RATE MANAGEMENT Q1: Discuss RBI’s Intervention and foreign exchange rate management in India. Ans: * INTRODUCTION: ~ India has undertaken various changes regard to its exchange rate management system. ~ T... Read >

CONCEPTS OF DEFICITS AND FRBM ACT, 2003.

Q1. Write a note on concepts of deficits and their trends. Ans . CONCEPTS OF DEFICITS: • INTRODUCTION : A public budget is a systematic estimate of government’s revenue and expenditure for a period of one year. It shows the planned expenditure of the... Read >

Battle: Los Angeles rules at the box office

Battle: Los Angeles has crossed over $36 million in its opening weeks. Watch the opening report for the movies released this week Aaron Eckhart starrer Battle: Los Angeles is amongst the most successful movies of this season. The movie has crossed over $... Read >

The M race gets bigger & better for Hollywood

Latest Celebrity News – Surely our Hollywood celebrities know how to get their vitamin M! We all know that the glamour world pays their stars enormously well but today Preview Night actually reveals how much some of the top stars in Hollywood get paid. T... Read >

Explain the emerging trends in India’s balance payments position since 1991.

Emerging trends in INDIA’S BALANCE Of Payments Position since 1991. • INTRODUCTION : INDIA’S balance of payment position has shown various cyclical changes since the first five year plan (1951-52) The first five year plan was the only period that did n... Read >

Discuss the objectives, principles and functions of the world trade organizations.

WORLD TRADE ORGANISATION (WTO)- • INTRODUCTION The General Agreement on Tariffs and Trade (GATT) regulated the world trade since 1947. On 1st January 1995 in its Uruguay Round (GATT 8th round ), it was transformed into World Trade Organisation (WTO) to... Read >

Write a note on World Trade Organisation Agreements.

World Trade Organisation AGREEMENTS: • INTRODUCTION : The world Trade organization was established on 1st January, 1995 as a permanent body to deal with all the major aspects of international trade. In fact, it is defined as the legal and institutional... Read >

Examine the impact of the World Trade Organisation on the Indian economy.

IMPACT OF THE World Trade Organisation ON THE INDIAN ECONOMY • INTRODUCTION : The World Trade organization was established to deal with all the major aspects of international trade and it had far reaching effects not only on India’s foreign trade but al... Read >