Hyperinflation is a stage of very high rate of inflation. While economies seem to survive under gall...

The Reserve Bank of India in its monetary policy for 2011-12, introduced the MSF, under which banks ...

The new methodology, MCLR, was articulated by the RBI in December 2015.   The main features o...

Direct taxes are the taxes paid by an individual /organization directly to the imposing entity i...

While calculating national income, the issues related to ‘cost’ and ‘price’ ...

The announcement of an official target range for inflation is known as inflation targeting. ...

Monopolistic competition means an industry in which various companies offer products or services tha...

Major traits of recession can be summed up as follows: There is a general fall in demand as eco...

Disinvestment includes selling of the shares of the state-owned enterprises to the private sector. ...

For Demand-Pull Inflation The government may go for import of goods which are in short supply&...

National Income is the total value of all final goods and services produced by the country in the gi...

The package programme adopted to increase the production of milk is known as White Revolution in Ind...