Introduction: Balance of payment of a country is a systematic record of its receipts and payments in international transaction in a given year. Each transaction is entered on the credit and debit side of the
Meaning of International Trade: International trade is important because it is trade among different countries. It refers to the exchange of goods and services between one country to another. It is also sometimes known as
Introduction: The central bank was established on 1st of April 1935 as per RBI act of 1934 as a private shareholders bank with a share capital of Rs 5CR after independence, the RBI was nationalized
Meaning of Deflation: Deflation refers to a continuous decrease in the general price level in an economy over a period of time. It’s the opposite of inflation. Deflation is a state of affairs or situation
Meaning of Deflation: Deflation refers to a continuous decrease in the general price level in an economy over a period of time. It’s the opposite of inflation. Deflation is a state of affairs or situation
Meaning of Deflation: Deflation refers to a continuous decrease in the general price level in an economy over a period of time. It’s the opposite of inflation. Deflation is a state of affairs or situation
Meaning of Inflation. Inflation is a global phenomena. It occurs in every type of economy. Inflation is a condition with increasing prices which causes a decrease in the purchasing power of money. Inflation is a price
Introduction: Inflation is a global phenomena. It occurs in every type of economy. Inflation is a situation with rising prices which causes a decline in the purchasing power of money. Inflation is a price rise which
Introduction: Inflation is a global phenomena. It occurs in every type of economy. Inflation is a situation with rising prices which causes a decline in the purchasing power of money. Inflation is a price rise which
Introduction: Inflation is a global phenomena. It occurs in every type of economy. Inflation is a situation with rising prices which causes a decline in the purchasing power of money. Inflation is a price rise which
