1. NATIONAL INCOME 2. MEANING National income is the sum of factor incomes earned by normal residents of a country in the form of rent, wages, interest and profit in an accounting…
1. People as Resource The chapter ’People as Resource’ is an effort to explain population as an asset for the economy rather than a liability. S.Madan Kumar M.A.,M.A.,B.Ed.,M.Phil.,M.B.A…
1. Chapter 8 2. ‘Bank 'is usually used in the sense of commercial bank. Bank seems to have originated from the Germanicword ‘bank’—joint stock fund or…
1. The Story of Village Palampur S. Madan Kumar. M.A. M.A.,B.Ed., M.Phil., M.B.A.,S.MADAN KUMAR 2. In 1960, Gobind was a farmer with 2.25 hectares of largely unirrigated…
1. MONETARY POLICY 2. INTRODUCTION BARTER SYSTEM DIFFUCLITIES Double coincidence of wantsMeasure of value 3. DEFINITION OF MONEY DEF: anything that is generally…