Posted inEconomics Applications of Opportunity Cost Posted by admin August 19, 2021 The concept of opportunity cost has been widely used by modern economists in various fields.…
Posted inEconomics Opportunity Cost Posted by admin August 19, 2021 • The concept of opportunity cost occupies a very important place in modern economic analysis.…
Posted inEconomics Determinants of Elasticity of Supply Posted by admin August 19, 2021 Nature of the commodity: The supply of durable goods can be increased or decreased effectively…
Posted inEconomics Factor Determining Supply or Supply Function Posted by admin August 19, 2021 Price of the commodity: When the price of a commodity in the market rises, seller increases…
Posted inEconomics Elasticity of Demand Posted by admin August 19, 2021 Whenever a policy maker wishes to examine the sensitivity of change in quantity demanded due…
Posted inEconomics Unit Trust of India (UTI) Posted by admin August 19, 2021 Under the Unit Trust Act, 1963, the Unit Trust of India was set up on…
Posted inEconomics Industrial Reconstruction Bank of India (IRBI) Posted by admin August 19, 2021 About: (i) Industrial Reconstruction Corporation of India (IRCI) was established to provide financial assistance as well…
Posted inEconomics State Financial Corporations (SFC) Posted by admin August 19, 2021 About: v SFC was established in 1951 after three years of the establishment of IFCI. v SFCs…
Posted inEconomics CENTRAL BANK Posted by admin August 19, 2021 Central Bank may be defined as an institution charged with the responsibility of managing the…
Posted inEconomics Credit Creation by Commercial Bank Posted by admin August 19, 2021 • A commercial bank is called a dealer of credit. • It can create credit i.e. can…