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CASH RESERVE RATIO ( CRR )
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The cash reserve ratio is the portion of the depositor’s balance which must be deposited with the country’s central bank.…
Insurance tie-ups assures your life’s safety
The Insurance Regulatory and Development Authority of India (IRDAI) allowed special and privileged tie ups between insurance companies and…
Deflation
Disinflation and deflation are different as disinflation means the slow downfall of inflation rates. Inflation is harmful to money as…
Coase Theorem
Coase Theorem is a concept in law and economics which states that in the absence of transactions cost the level…
Fiat Money
Fiat Money is any currency declared by a country’s money to be legal tender but these currency aren’t backed by…
New Economic Policy – 1991
Since 1991; Government of India has introduced diverse economic reforms to pull the country out of economic crisis and to…
Gold Standard
The gold standard can be thought of as a commitment by countries to fix the prices of their domestic currencies…
Laffer Curve
According to Laffer Curve, as taxes increase from low levels the tax revenue collected by the government will also increase.…
Information Asymmetry
Information Asymmetry in economics indicates the situation in which one party in a transaction has more or better information than…
Bonds
A bond is a debt instrument in which enables people to participate in lending to a company or the Government.…