What Is the Best Indicator of Economic Development?
The best indicator of overall economic development of a nation is its per capita income. Also read: Difference Between GDP... View Article
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What Are the Basic Issues of Economic Development in India?
The basic issues of economic development in India are as follows: Low levels of national income Low levels of per... View Article
What Are the 5 Stages of Economic Development?
The 5 stages of economic development as per Professor Rostow are as follows: The traditional society Pre-conditions for takeoff The... View Article
What Are the 3 Main Economic Systems?
The following are the types of economic systems: Traditional economy Market economy Command economy Mixed economy Also read: What is... View Article
What Are the Benefits of the Price System?
The benefits of the price system are as follows: It informs the producers how much their product will cost to... View Article
What Are the Signs of Economic Development?
The following are some of the signs or indicators of economic development: Per Capita Income Per Capita Consumption Human Development... View Article
What Are the Factors of Economic Development?
The factors of economic development are as follows: Human resources Physical capital Technology Natural resources Also read: Difference Between Economic... View Article
The Monetary Policy Generally Targets to Ensure………….…… (Choose the Correct Alternative)
a) price stability in the economy. b) employment generation in the country. c) stable foreign relations. d) greater tax collections... View Article
Which Is Better, Bonds or Equity?
Bonds are regarded as a safer form of investment than equity. The rate of return on bonds is less than... View Article
What Are the Main Capital Market Instruments?
The following is a list of instruments that are traded in the capital market Equity shares Debentures Preference shares Bonds... View Article
27 July 2021: The Hindu Analysis
UPSC Current Affairs Preparation: The Hindu Analysis Watch expert analysis of ‘The Hindu’ dated 27th Jul 2021. Important news and... View Article
India-Turkey Relations
India-Turkey Relations (also known as Indo-Turkic relations) refers to the bilateral relations between the Republic of India and the Republic... View Article
Amazon Rainforest
The Amazon rainforest, alternatively, the Amazon jungle or Amazonia, is a moist broadleaf tropical rainforest in the Amazon biome that... View Article
Demand Curve of a Firm Is Perfectly Elastic Under: (Choose the Correct Alternative)
(a)Perfect competition (b)Monopoly (c)Monopolistic competition (d)Oligopoly Answer: (a) Perfect competition In perfect competition, the firm can sell any amount of... View Article
Primary Deficit Equals:
(a) Borrowings (b) Interest payments (c) Borrowings less interest payments (d) Borrowings and interest payments both Answer: (c) Borrowings less... View Article
Explain With the Help of an Example How ‘management by Exception’ Helps in the Controlling Process
Management by exception is followed when the deviations that surpass the permissible limits are brought to the notice of the... View Article
National Income Is the Sum of Factor Incomes Accruing to: (Choose the Correct Alternative)
(a)Nationals (b)Economic territory (c)Residents (d)Both residents and non-residents Answer: (c) Residents National income is referred to as the sum total... View Article
Explain Any Three Points That Highlight the Importance of Controlling the Function of Management
Importance of the controlling function of management is as follows: Accomplishing organisational goals: Controlling function helps in achieving the organisational... View Article
What Is Meant by ‘packaging’?
Packaging refers to the process of designing a package for the consumer product. Packaging helps in differentiating the product from... View Article
What Is Meant by ‘developing Premises’ in the Process of Planning?
Developing premises is referred to as the second step in the planning process. It is necessary for a manager to... View Article
