The money Multiplier is an interesting method of demonstrating the maximum amount of money that commercial banks could create for a given fixed amount of base money and reserve ratio(It is a portion of reservable aspects that commercial banks hold …
Economic growth is an important topic to understand the market, goods, and services produced in the country. Today we will be discussing in detail economic growth and how is it measured. Economic growth simply means it is an increase in …
Economic development is a result of a combination of market productivity and national welfare values. Today we will be discussing economic development and its significance. Economic development can be defined as the process of improving a country’s economic well-being and …
Green Accounting is a new type of accounting that attempts to factor environmental costs into the financial results of operations. It has been argued that the gross domestic product ignores the environment which is why policymakers need a revised model …
Per Capita income is the measurement of average income per person in a specific city, or region within a period. Today we will discuss more Per Capita Income and its details. Per Capita Income is the amount of money a …
Inflation is a term that refers to a drop in purchasing power because of a rise in prices over a certain period of time. Let’s see more in detail about the change in reporting of inflation. Even though the improvements …
The five-year plan’s concept was launched in the year 1951 and till now 12 five-year plans have been implemented in our country. Right now, the government has decided to stop the formation of the five-year plans. But till now, the …
The Producer Price Index(PPI) is an index that is used to calculate inflation from the viewpoint of industry and business. Today we will be discussing more in detail the producer price index(PPI), and how it is calculated. There are two …
The COVID-19 pandemic has had a profound impact on various sectors of the Indian economy, including the financial market. This blog post aims to shed light on the key effects of the pandemic on the Indian financial market, providing a …
Gross National Product(GNP) is the total value of all the goods and services that are produced by the residents and businesses of a country. GNP doesn’t rely on the location of the production, it takes the investments made by the …