Marginal cost of production is the increase or decrease in total cost of production due to producing one additional unit.You can read about The Reserve Bank of India: Functions and Composition in the given link.
Further readings:
- Non Performing Assets (NPA) – Facts for UPSC GS-III
- Monetary Policy – Objectives, Roles and Instruments
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Bad Banks – Idea Proposed by Indian Banking Association (IBA) Due to COVID-19 |
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