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.
With the help of graph discuss the determinants of transaction demand.
Bank rate: This is the rate at which the central bank loans money to commercial bank.
When cost of a foreign currency increases its supply too increases. Elucidate why?
Define the "full-employment" or "natural" rate of unemployment and give its approximate percentage rate as economists currently define it.
What do you mean by the term Competitive market?
Widely accepted normative macroeconomic policy objectives include: (w) full employment and economic development. (x) allocative, productive, and distributive efficiency. (y) maximum freedom and economic profits. (z) job security and equality within th
State main sources of demand for foreign currency? Answer: The four main sources of demand for foreign currency are as follows: A) To buy services and goods from other countries. B) To send a gift abroad.
I don't know how to make him stop dancing
What is meant by the term business cycle as described by economists?
With the general equilibrium framework in place, the stage is now set for introducing fiscal and monetary changes and analysing their effects on the general equilibrium. We will first introduce a fiscal change in the form of increase in deficit-financed expenditure, a
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