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    • Posted by Niangmuankim Vaiphei 6 hours ago

    CBSE > Class 12 > Economics
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    • Posted by Dipika Sharma 5 days, 11 hours ago

    CBSE > Class 12 > Economics
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    • Posted by Rijum Karlo 1 week, 2 days ago

    CBSE > Class 12 > Economics
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    • Posted by Mehar Ansari 1 week, 3 days ago

    CBSE > Class 12 > Economics
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    • Posted by Shruti Singh 1 week, 5 days ago

    CBSE > Class 12 > Economics
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    • Posted by Nandita Sharma 1 week, 6 days ago

    CBSE > Class 12 > Economics
    • 1 answers

    Akshat Gupta 1 week, 6 days ago

    Due to circular flow of income

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    • Posted by Ishika Singh 2 weeks, 1 day ago

    CBSE > Class 12 > Economics
    • 1 answers

    Arjun Kumar 1 week, 4 days ago

    690

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    Posted by Naushad Jamil Ahmed Qureshi 1 week, 6 days ago

    CBSE > Class 12 > Economics
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    Posted by Radhika Tayal 2 weeks, 6 days ago

    CBSE > Class 12 > Economics
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    • Posted by Shagun Kashyap 3 weeks, 2 days ago

    CBSE > Class 12 > Economics
    • 1 answers

    Shreya Wafgaonkar 1 week, 6 days ago

    Certainly! Here's the text without any formatting:

    To calculate the Net Domestic Product at Factor Cost (NDP at FC) using the expenditure method, we need to sum up all the expenditures on final goods and services produced within the domestic territory.

    NDP at FC = Gross Fixed Capital Formation (GFCF) + Private Final Consumption Expenditure (PFCE) + Government Final Consumption Expenditure (GFCE) + Net Exports (Exports - Imports) + Change in Stock

    Given:

    (i) Gross Fixed Capital Formation (GFCF) = ₹130 crores

    (ii) Private Final Consumption Expenditure (PFCE) = ₹510 crores

    (iii) Government Final Consumption Expenditure (GFCE) = ₹70 crores

    (v) Exports = ₹50 crores

    (vi) Imports = ₹60 crores

    (xiii) Change in Stock = ₹30 crores

    NDP at FC = 130 + 510 + 70 + (50 - 60) + 30

    NDP at FC = 130 + 510 + 70 - 10 + 30

    NDP at FC = ₹730 crores

    To calculate the Gross Domestic Product at Market Prices (GDP at MP) using the income method, we sum up all the incomes earned by factors of production in the production process.

    GDP at MP = Compensation of Employees + Mixed Income of the Self Employed + Rent, Interest, and Profit + Indirect Taxes - Subsidies + Net Factor Income from Rest of the World (NFIA)

    Given:

    (vii) Compensation of Employees = ₹240 crores

    (iii) Mixed Income of the Self Employed = ₹280 crores

    (xii) Rent, Interest, and Profit = ₹90 crores

    (x) Indirect Tax = ₹90 crores

    (xi) Subsidies = ₹10 crores

    (iv) Net Factor Income from Rest of the World (NFIA) = -₹5 crores

    GDP at MP = 240 + 280 + 90 + 90 - 10 - 5

    GDP at MP = ₹695 crores

    So, the NDP at FC is ₹730 crores and the GDP at MP is ₹695 crores.

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    • Posted by Pratima Limbu 3 weeks, 5 days ago

    CBSE > Class 12 > Economics
    • 2 answers

    Mr Thunder 3 weeks, 4 days ago

    In brief A government budget is a financial plan that outlines the government's revenues and expenditures for a specific period, usually a fiscal year. It serves as a blueprint for allocating financial resources to various sectors and activities of the government, including public services, infrastructure development, social welfare programs, defense, and debt repayment. The government budget typically consists of two main components: 1. Revenue: This includes all sources of income for the government, such as taxes, tariffs, fees, fines, grants, and borrowing. 2. Expenditure: This includes all government spending on goods, services, investments, and transfer payments, such as salaries, subsidies, infrastructure projects, healthcare, education, and defense. Importance of Government Budget: 1. Resource Allocation: The budget allows the government to allocate financial resources efficiently and effectively to meet the needs and priorities of the country. It helps in determining which sectors and programs receive funding and how much. 2. Economic Stability: The budget plays a crucial role in maintaining economic stability by regulating aggregate demand, controlling inflation, and managing fiscal deficits. Government spending and taxation policies influence overall economic activity and growth. 3. Policy Prioritization: The budget reflects the government's policy priorities and objectives, such

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    Mr Thunder 3 weeks, 4 days ago

    A government budget is a financial plan outlining a government's income and spending for a specific period. It's important because it allocates resources, stabilizes the economy, sets policy priorities, ensures fiscal discipline, enhances public accountability, and enables planning and forecasting.

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    • Posted by Palak Chaudhary 4 weeks, 1 day ago

    CBSE > Class 12 > Economics
    • 3 answers

    Arjun Kumar 1 week, 4 days ago

    1.) Wheat purchased by household is an intermediate product. As the household will use it for further production. 2.) Train ticket purchased by an individual is final good. As the individual will use it to travel from one place to another.

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    Mr Thunder 3 weeks, 4 days ago

    1. Wheat and rice purchased by households: - Intermediate products: They undergo further processing before becoming final food products. 2. Purchase of ticket for train journey by an individual: - Final product: Represents the consumption of train transportation service. 3. Purchase of a car by an employer for office use by his employees: - Intermediate product: Bought for further use within the organization, serving as transportation for employees.

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    Rajat Thakur 4 weeks ago

    3

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    • Posted by Bishal Ghosh 1 month ago

    CBSE > Class 12 > Economics
    • 1 answers

    Arjun Kumar 1 week, 4 days ago

    Central Bank refers is the apex bank of the country. In India RBI (Reserve Bank of India) is the apex bank. RBI establishment act was pass in year 1934. RBI was on 1 April 1935. Functions of central Bank:- Issue of currency:- Central Bank issue currency notes on behalf of central bank, except 1 rupee note and coin, 1 rupee note is printed by Ministry of Finance on which the signature of finance secretary. While on all other notes RBI governor signature. Banker's to the Government: Central Bank (RBI) act as Banker to government it advices state/ central government regarding financial matters. Banker's Bank :- Central act as banker's Bank by matching every credit with every debit. As all banks have their Account in RBI. Controller of Money Supply: Central Bank act as the controller of Money Supply by using its various quantitative methods such as CRR, SLR Open Market operation.

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    • Posted by Som Agrawal 1 month ago

    CBSE > Class 12 > Economics
    • 0 answers
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    • Posted by Prince Pal 1 month ago

    CBSE > Class 12 > Economics
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    • Posted by Muskan Choudhary 1 month ago

    CBSE > Class 12 > Economics
    • 1 answers

    Ujjwal Pandey Pandey 1 month ago

    gross demand deposit includes inter bank claim ( transactions between the banks) ,whereas net demand deposit does not include it

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    • Posted by Rupali Verma 1 month ago

    CBSE > Class 12 > Economics
    • 0 answers
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    • Posted by Minakshi Jain 1 month, 1 week ago

    CBSE > Class 12 > Economics
    • 1 answers

    Minakshi Jain 1 month, 1 week ago

    .

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    • Posted by Rohit Sisodiya 1 month ago

    CBSE > Class 12 > Economics
    • 1 answers

    Lokesh Kumar 1 month, 1 week ago

    Indian economy in which study about gdp

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    • Posted by Parneet Kaur 1 month, 2 weeks ago

    CBSE > Class 12 > Economics
    • 0 answers
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    • Posted by Abhinav Guleria 1 month, 3 weeks ago

    CBSE > Class 12 > Economics
    • 0 answers
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    • Posted by Bharti Sahgal 1 month, 3 weeks ago

    CBSE > Class 12 > Economics
    • 2 answers

    Aksa Khan 4 weeks ago

    Depreciation is 190

    0Thank You

    Khushi Kumari 3 weeks, 5 days ago

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    Posted by Pranjali Hazari 1 month, 3 weeks ago

    CBSE > Class 12 > Economics
    • 1 answers

    Premjeet Chakma 1 month, 3 weeks ago

    This content has been hidden. One or more users have flagged this content as inappropriate. Once content is flagged, it is hidden from users and is reviewed by myCBSEguide team against our Community Guidelines. If content is found in violation, the user posting this content will be banned for 30 days from using Homework help section. Suspended users will receive error while adding question or answer. Question comments have also been disabled. Read community guidelines at https://mycbseguide.com/community-guidelines.html

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    • Posted by Himanshi Vardhan 2 months ago

    CBSE > Class 12 > Economics
    • 0 answers
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    Posted by Anupama Debnath 2 months ago

    CBSE > Class 12 > Economics
    • 0 answers
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    • Posted by Priyanka Tiwari 2 months, 1 week ago

    CBSE > Class 12 > Economics
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    • Posted by Jyotishmita Baishya 2 months, 1 week ago

    CBSE > Class 12 > Economics
    • 1 answers

    Mehul Saini 2 months, 1 week ago

    Money in circulation will decrease and more of it will be printed leading to inflation and it will also reduce our GDP

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    • Posted by Anmol Singh 2 months, 2 weeks ago

    CBSE > Class 12 > Economics
    • 1 answers

    Anupama Debnath 2 months ago

    The land settlement system introduced by the British in India was a significant aspect of their colonial administration, aimed at maximizing revenue collection to support the British Empire. There were three primary systems implemented across different regions: Zamindari System (Permanent Settlement): Introduced by Lord Cornwallis in 17931.Zamindars, or landlords, were recognized as the owners of the land1.They were responsible for collecting rents from the peasants and paying a fixed revenue to the British1.The system was mainly prevalent in Bengal, Bihar, Odisha, and parts of Madras and Bombay Presidencies1. Ryotwari System: Devised by Captain Alexander Read and Thomas Munro in the late 18th century and implemented in the Madras Presidency by Munro when he was governor (1819–26)1.The system recognized individual cultivators (ryots) as the landowners2.They paid taxes directly to the British government, which were often high and led to peasant impoverishment2. Mahalwari System: Implemented in the early 19th century in the North-Western Provinces, parts of Central India, and Punjab1.The revenue was settled village by village, with villages being treated as a unit (mahal)1.The responsibility for payment was collective, with village leaders or headmen distributing the tax burden among the cultivators1. These systems had profound impacts on the social and economic fabric of India. The Zamindari system led to a class of powerful landlords and a peasantry burdened with high rents. The Ryotwari system, while recognizing the ryots as owners, often resulted in heavy taxation that could lead to loss of land. The Mahalwari system, though less harsh than the Zamindari system, still placed a significant tax burden on the rural agrarian community. The British land revenue systems were primarily designed to benefit the colonial administration, often at the expense of the Indian peasantry, leading to widespread discontent and resistance, which played a role in the eventual independence movement.

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    • Posted by Alisha Rai 2 months, 2 weeks ago

    CBSE > Class 12 > Economics
    • 1 answers

    Navya Setia 2 months, 2 weeks ago

    This content has been hidden. One or more users have flagged this content as inappropriate. Once content is flagged, it is hidden from users and is reviewed by myCBSEguide team against our Community Guidelines. If content is found in violation, the user posting this content will be banned for 30 days from using Homework help section. Suspended users will receive error while adding question or answer. Question comments have also been disabled. Read community guidelines at https://mycbseguide.com/community-guidelines.html

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    • Posted by Saurabh Prakash 2 months, 2 weeks ago

    CBSE > Class 12 > Economics
    • 1 answers

    Anupama Debnath 2 months ago

    When the activities of one result in harm to others with no payment made for the harm done, such activities are called negative externalities, e.g. factories produce goods but at the same time create water and air pollution. Production of goods increases welfare but at the same time pollution reduces the welfare

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