Explain the NEP Policy. (A Review).
New Economic Policy (LPG Reforms): A Review In 1991, India introduced the New Economic Policy (NEP), marking a major work in its economic approach. This policy is also called as the LPG policy, which means…
Write a note on public debt.
Introduction: Public debt, also known as government debt or national debt, refers to the total amount of money that a government owes to external creditors and domestic lenders. It is the result of the government…
explain the heads of expenditure of central govt.
Introduction: Public expenditure is expenditure which is incurred by the government for its own maintenance and for prevailing the economic and social welfare of the people. Modern governments have to perform complex functions due to…
Explain the sources of central govt. revenue.
Introduction: The income of the government through all it sources is called public income or public revenue .The need for rising revenue arises from the necessity of increasing public expenditure the following are the various…
What is balance of payment? explain the causes and measures to correct adverse balance of payments.
Introduction: The government prepares a balance sheet of foreign payments called balance of payment consisting of credit and debit terms for every year. The balance of payment statement is essentially a double entry system of…
Explain the exceptions of law of demand.
Introduction: The term demand is different from desire, want; wish etc. in the language of economics the term demand has different meaning. Any want or desire will not constitute demand. Demand refers to the total…
Explain the composition and directions of India’s exports.
Introduction: While imports are increasing export to other countries should also increase as the exports are the payment to import. If this does not happen there would be a problem of making payment for import.…
Explain volume, composition and directions of India’s import trade.
Introduction: India is one of the world’s largest and fastest-growing economies, heavily engaged in global trade. The country imports a wide variety of goods, ranging from raw materials and machinery to consumer products and technology.…
Write a note on EXIM Policy.
Introduction: Export import policy are better known as EXIM policy is a set of guidelines and instructions related to the import and export of goods. The Government of Indian notifies the EXIM policy for a…
Explain the Monetary policy of R.B.I (A Review)
Introduction: Monitory policy of R.B.I refers to the policy of the central bank with regards to the use of monetary instruments. Under its control to achieve the goals which is specified. This policy formulated by…