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Fiscal deficit in the Union Budget means?
The difference between total revenue and total expenditure of the government is termed as fiscal deficit. It is an indication of the total borrowings needed by the government.
The difference between total revenue and total expenditure of the government is termed as fiscal deficit. It is an indication of the total borrowings needed by the government.
See lessThe current price index (base 1960) is nearly 330. This means that?
The current price index (base 1960) is nearly 330. This means that weighted means of prices of certain item has increased 3-3 times.
The current price index (base 1960) is nearly 330. This means that weighted means of prices of certain item has increased 3-3 times.
See lessIf an economy is equilibrium at the point where plans to save and to invest are equal, then government expenditure must be?
In an economy that is in equilibrium at the point where plans to save and to invest are equal, government expenditure must be equal to government income
In an economy that is in equilibrium at the point where plans to save and to invest are equal, government expenditure must be equal to government income
See lessDeficit financing means that the government borrows money from the
When a government borrows from the RBI or prints money to fill the gap between its income and expenditure, it is called deficit financing.
When a government borrows from the RBI or prints money to fill the gap between its income and expenditure, it is called deficit financing.
See lessDebenture holders of a company are its?
Debenture holders are merely lenders to the company and are considered to be creditors. Shareholders actively participate in the decision making process of the company. Debenture holders cannot participate in the decision making process.
Debenture holders are merely lenders to the company and are considered to be creditors. Shareholders actively participate in the decision making process of the company. Debenture holders cannot participate in the decision making process.
See lessStates earn maximum revenue through?
In India states earn revenue through own taxes, central taxes, non-taxes and central grants. For most states, own taxes form the largest part of the total state revenue. Taxes as per the state list includes land revenue, taxes on agricultural income, electricity duty, luxury tax, entertainment tax aRead more
In India states earn revenue through own taxes, central taxes, non-taxes and central grants. For most states, own taxes form the largest part of the total state revenue. Taxes as per the state list includes land revenue, taxes on agricultural income, electricity duty, luxury tax, entertainment tax and stamp duty.
See lessIf the cash reserve ratio is lowered by the RBI, its impact on credit creation will be ?
If RBI reduces the cash reserve ratio, credit creation will increase. Banks have more money at their disposal when the CRR requirement is reduced, which can subsequently be utilized to create credit in the economy. When determining the base rate, one of the reference rates is the Cash Reserve Ratio.
If RBI reduces the cash reserve ratio, credit creation will increase. Banks have more money at their disposal when the CRR requirement is reduced, which can subsequently be utilized to create credit in the economy. When determining the base rate, one of the reference rates is the Cash Reserve Ratio.
See lessGross domestic capital formation is defined as?
Gross domestic capital formation refers to the net increase in the physical asset by the household, public, and government sector within the measurement period of the economy.
Gross domestic capital formation refers to the net increase in the physical asset by the household, public, and government sector within the measurement period of the economy.
See lessIf all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits will?
As the banks ar not involved in the national income the increase and decrase does not effect the deposits of us thats why the deposits will neither increase nor decrease. Monopoly: Monopoly refers to a market situation where there exists only one sellerwith many buyers.
As the banks ar not involved in the national income the increase and decrase does not effect the deposits of us thats why the deposits will neither increase nor decrease.
Monopoly: Monopoly refers to a market situation where there exists only one sellerwith many buyers.
See lessIndia changed over to the decimal system of coinage in?
The decimal system of currency in India was introduced on 1 April 1957. India changed from the rupee, anna, pie system to decimal currency. Decimal currency system, where each unit of currency can be divided into 100 sub-units.
The decimal system of currency in India was introduced on 1 April 1957. India changed from the rupee, anna, pie system to decimal currency. Decimal currency system, where each unit of currency can be divided into 100 sub-units.
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