QnA - Dev Library Questions and Answers

Asked by Kapil
Latest Answer: 430 days ago
In: Commerce

Distinguish between balance of trade (BOT) and balance payment (BOP).

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Asked by Kapil
Latest Answer: 430 days ago
In: Commerce

What are the basic objective of a government budget? Explain them briefly.

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Asked by Kapil
Latest Answer: 430 days ago
In: Commerce

What is meant by revenue deficit? Explain three implications of revenue deficit.

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Asked by Kapil
Latest Answer: 430 days ago
In: Commerce

Explain the relationship between marginal propensity to consume (MPC) and marginal propensity to save (MPS).

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Asked by Kapil
Latest Answer: 430 days ago
In: Commerce

If National Income in an economy increases by Rs. 1,000 crore as a result of a new investment (ΔI) of Rs 200 crore, find out the values of (i) MPC, and (ii) Multiplier (K).

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Asked by Kapil
Latest Answer: 430 days ago
In: Commerce

Define personal income and private income and distinguish between them.

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Asked by Kapil
Latest Answer: 430 days ago
In: Commerce

What is devaluation of currency?

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Asked by Kapil
Latest Answer: 430 days ago
In: Commerce

Mention two main items of non-plan expenditure of a government budget.

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Asked by Kapil
Latest Answer: 430 days ago
In: Commerce

Name two sources of non-tax revenue.

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Asked by Kapil
Latest Answer: 430 days ago
In: Commerce

Distinguish between induced investment and autonomous investment.

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