Aggregate Demand (AD)

Aggregate Demand (AD)

Aggregate Demand (AD) Aggregate Demand (AD) refers to the total value of final goods and services that all the sectors of an economy are planning to buy at a given …

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BALANCE OF PAYMENTS

BALANCE OF PAYMENTS

BALANCE OF PAYMENTS BALANCE OF PAYMENTS? The balance of payments is a systematic record of all economic transactions between the residents of a country and the rest of the world …

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National Income Meaning

National Income Meaning

National Income Meaning National Income refers to the money value of all final goods and services produced by normal residents of a country during an accounting year, Out of this depreciation …

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circular flow of income

Circular Flow of  Income

Circular Flow of  Income Circular Flow of  Income Circular flow of income refers to the cycle of the generation of income in the production process, and its distribution among the …

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NITI AAYOG नीति आयोग

NITI AAYOG नीति आयोग

NITI AAYOG नीति आयोग NITI Aayog नीति आयोग NITI Aayog(नीति आयोग) was formed on 1st January 2015 replacing the old Planning Commission which was formed in 1950. The word “NITI” is …

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Government Budget

Government Budget

Government Budget A government budget is a consolidated financial statement prepared by the government on expected public expenditure and public revenue during a financial year. Or A government budget is …

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