Are we supposed to do all the acts like Factories, Industrial Disputes and their provisions under labour policy?
It has been reported to R.B.I. that few banks are violating the prescribed norms while granting loans to the Private Companies.As the General Manager of R.B.I., direct a committee to be instantly constituted to look into the matter and recommend the remedial measures to be initiated against such banks. Draft a committee report.
can anyone provide exact format for it.This was asked last yr.
GK Update: All about Inflation (Part I)
Dear Readers,
Inflation is a subject that always makes news and thus is very important for your upcoming exams. In this article, we will look into the meaning of inflation, its types, factors affecting inflation, inflationary trends in India, its consequences, etc.
Definition and causes
Inflation can be defined as a "sustained rise in the general or overall level of prices of goods and services." Thus, it can be understood that as inflation increases, every rupee you have buys a smaller percentage of good or service i.e. value of money reduces or your purchasing power reduces.
Inflation is viewed in conjunction with several other phenomena because of its far-reaching effects on the economy. Deflation and Disinflation are two terms used when there is a change in general price levels. While the former refers to a fall in price levels, the latter denotes a slower rate of inflation.
Inflation occurs mainly due to the following factors:
- Increase in the total demand for goods and services (demand-pull inflation)
- Fall in the total supply of goods and services (cost-push inflation)
1. Cost-Push Inflation: A decrease in total supply of goods and services due to increased production costs (increase in employee salaries or raw materials, increased tax rates) causes cost-push inflation. Despite maximised productivity, companies cannot retain their profit margins in this scenario. Thus, prices of the goods/services are increased for the consumer. In essence, companies pass on the production costs to the consumers.
2. Demand-Pull Inflation: An increase in total demand for goods and services across households, businesses, government and foreign buyers causes demand-pull inflation. These constituents of the economy demand more goods than can be produced by the economy. When supply cannot rise to meet demand, sellers will increase prices, thereby causing inflation. Rise in government purchases, in money supply, reduction in taxes (more discretionary income for households), are some of the reasons for demand-pull inflation.
Types of Inflation
Let us now discuss some of the major types of inflation.
1. Creeping Inflation: Also called low or mild inflation, this is when prices rise not over 3% a year. The increase is slow and predictable vis-à-vis most other types. Creeping inflation is considered to be economically beneficial as people expect prices to rise and buy things. Increased demand as a result of low inflation drives economic growth. For instance: In October 2014 in India, Wholesale Price Index (WPI) based inflation was 2.38%, which later hit a zero level for the first time in five years.
2. Galloping inflation: Also known as running, jumping or hopping inflation, this is characterised by double or triple-digit inflation rate. During this, money loses value rapidly and incomes cannot keep up with rising prices. Foreign investors steer clear of the economy, thereby depriving it of required capital and instability rises further. During the 1970s and 1980s many Latin American nations, including Argentina, Brazil, etc had inflation rates in the range of 50%-700%.
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Last week, Martha spent one day cleaning a house. For this, she was paid $50. The rest of the week, she spent looking for a job. Martha would be classified as a. employed b. unemployed c. not in the labor force
he largest source of tax revenue for the government is: a. the personal income tax b. the social security tax c. the property tax d. the sales tax
Got this free ESI mock. Weird it is. There are 1 marks questions and 2 marks questions. Is it possible?
http://preper.learnyst.com/courses/Mock-ESI?back_to_all=true
Puys, If a candidate from reserved category scores higher than the UR cutoff, will he/she get the UR post or the reserved post?
The chief economist of world bank is an indian name him?
Difference between Private Income and Personal Disposable Income?
1. Assume that there are only two goods: A and B In the base year, Quantity Price A 10 $1 B 10 $4 In the current year, Quantity Price A 20 $ 5 B 25 $20 The Consumer Price Index (CPI) for the current year is: a. 50 b. 100 c. 200 d. 500 e. 600
with solution not just ans pls
Is dere any centre other centre computer junction in Delhi???
any one want any topic just search in slide share u will get all the material in PPT format
this one is about industrial policy
http://www.slideshare.net/NupurAgrawal1/industrial-policy-11348603
FoR English precis and essay is there. What other stuff as in report\letter ?
guys esi k lie mcq h kyaa
n current topics kha se padh rhe ho
i think 60:40 ka proprtion hoga
bored mann.....!!!
as per handout released by rbi which one is more apt datt and sundaram or ramesh sinha
Question Macro
Taking net export zero X = 0.
Planned expenditure PE = C + I + G
Now C as a function of total income is C = C(Y-T) where T is tax.
so PE = C(Y-T) + I + G.
My doubt is , isn't total income Y = C+ I+ G.
can someone explain all this in context of Keynesian cross.
Which of
the following statements are correct?
1. Forestry is included in primary sector
2. Mining is included in primary sector
3. Fishing is included in primary sector
4. Water Supply is included in tertiary sector.
- 1,2,3
- Aise questions nhi aayengey
- 1,3,4
- 1,4
- 1,2
0 voters
Green Revolution
did not include which of the following measures:
1. Use of HYV seeds
2. Use of insecticides and pesticides
3. Rural Electrification
4. Use of Chemical Fertilizers
5. Agricultural Credit Facilities
6. Increase of Irrigation Cover
- Only 5
- Aise questions bhi nhi aayengey
- All were included
- 3,6
- Only 3
0 voters