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Classification of Money

Classification of Money

Full Bodied Money: It is money whose value as a commodity for non-monetary purposes is as great as its value as money. Most of the earlier commodity money, e.g. gold,… Read more »

Commercial Banking in INDIA

Commercial Banking in INDIA

At the time of Independence, India banking system was not sound. There were hundreds of private banks under unscrupulous management. Hence, in 1949 two major actions were taken very important… Read more »

Organized Sector of the Indian Money market

Organized Sector of the Indian Money market

The organized sector of the Indian money market comprises the RBI, Commercial banks, foreign banks, cooperative banks, finance corporations, mutual funds and the Discount and Finance House of India Limited… Read more »

National Income 2012

National Income 2012

National Income is defined as the value of all final goods and services produced by the residents of a country, whether operating within the domestic territory of the country, or… Read more »

India Vision 2020

India Vision 2020

The Planning Commission released a document, in January, 2003 titled “India Vision 2020” prepared by Dr. S.P. Gupta, then member of the Planning Commission. The document examines many important issue… Read more »

Economic Systems and Planning Commission

Economic Systems and Planning Commission

Economic Systems :- The nature and scope of planning is largely determined by the nature of the economic system in which it is practices. Economics can be classified into the… Read more »

National Targets of the 11th Plan (2007-12)

National Targets of the 11th Plan (2007-12)

These are the targets decided as the National Targets of the 11th Plan. Here they are :-   Income and Poverty IGDP growth target of 9% p.a. Increase agricultural GDP… Read more »

Unemployment in India 2012

Unemployment in India 2012

By unemployment the Economists mean a situation in which an individual is ready and willing to work at the prevailing rate of wages, but he does not get work. According… Read more »

Planning in India 2012

Planning in India 2012

The first attempt at systematic planning in India was made by Sh. M. Visvesvarya when he published in 1934, his book Planned Economy for India. Three years later, in 1973,… Read more »

Poverty In INDIA – 2012

Poverty In INDIA – 2012

Absolute Poverty of a person means that his income or consumption expenditure is so meager that he live below the minimum subsistence level. Because of his absolute poverty condition, he… Read more »

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