Determining bank problem
Which of the given is a bank? a) Post office saving banks (b) LIC (c) UTI (d) IDBI.
Expert
Post office saving banks is not bank in the logic that even though they accept deposits from public however do not advance loans to the others.
LIC, UTI and IDBI are also not banks in the logic that even though they do not accept chequeable deposits however advance loans to others.
What points out revenue deficit? Answer: Revenue deficits are stated as the surplus of revenue receipts. Revenue Deficit = Revenue Expenditure - Revenue Recei
Gross domestic capital formation is always greater than gross fixed capital formation
What are the strength and weakness of using per capital national income? give explained answer for query
Inflation is frequently described as "too much money chasing too few goods." Is this a satisfactory definition?
Describe Okun's law? Give an illustration of how it works.
Implication of Fiscal deficit A) It raise the supply of money in the economyB) It rises financial burden for future generation.C) It is the cause of inflation.
Why is tax considered as revenue receipt? Answer: Since tax neither makes a liability for government nor decreases assets of the government.
Explain the concept of “economies of scale” and “increasing returns”.
What do you mean by the term Competitive market?
How does an internally held public debt differ from an externally held public debt?
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