Taxation refers to the act of levying taxes on the citizens of a country through a well-defined tax structure developed by the government of the country. A Tax is a compulsory payment made by the citizens of a country to the government to meet expenditures of public authorities and for theRead More →
Canons of Taxation are the fundamental principles of taxation which are used to create an effective taxation system in a country. Canons are basically characteristics of a good taxation system. A government must incorporate these canons of taxation when developing a tax structure & system in order to make theRead More →
Project/Slides/Presentation Transcript Topic: Demonetization Impact on Central Bank Autonomy INDEPENDENCE OF CENTRAL BANKS Central Bank Autonomy refers to the extent of freedom realised by the central bank in its functioning, independent of executive and legislative control. It implies operational freedom. A central bank is said to be independent or autonomousRead More →
Global Subprime Crisis emerged in the US housing mortgage market in the year 2007 and gradually snowballed into a global financial crisis, leading to a global economic recession. The transmission of shocks of the crisis was mainly in two phases. First, it started with Inflation and then led to global financialRead More →
India was left with crippling economy when the British left. After Independence, India needed well planned strategies to sustain and grow the economy and compete with other developing countries. In 1947 a committee on economic planning was formed under the chairmanship of Pundit J. L. Nehru, which suggested the planRead More →
National income is the sum total of money value of all the final goods and services produced within the domestic territory of a country in an accounting year plus the net factor in come from abroad. National Income = Value of Goods + Value of Service + Net Factor IncomeRead More →
The term ‘Macro’ has been derived from a Greek word ‘Macros’ meaning ‘large’. Thus, Macro Economics is the study and analysis of an economy as a whole. Macro Economics involves the study of: the behaviour of an economic system as a whole aggregates and averages covering the entire economy behaviourRead More →
Classical definition of Rent: According to Caver, “Rent is the price paid for use of land” According to David Ricardo, “Rent is that portion of the produce of the earth which is paid to the landlord for the use of the original and indestructible powers of the soil” Read More →
Project/Slides/Presentation Transcript Subject: Business Environment, Macro-Economics Topic: Monetary Policy of India Slide 1 – Monetary policy of India presentation Slide 2 – Introduction It refers to a set of policies by the monetary authority (Central Bank) which regulate the money supply and credit flows in the economy to achieveRead More →