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Education system in India
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In the Beginning In ancient times, India had the Gurukula system of instruction in which anyone who wished to study…
Reasons for Historic Fall in Oil Prices
Oil prices tumbled to a six-year low Monday. This is a current topic of discussion in people’s Drawing Room Talk.…
Education is a boon…
Education,a very common term in our everyday life,but we are not too much efficient to understand its essence.It helps us…
LIFE INSURANCE
Life insurance is a contract between the insurer and the insured,where insurer promises to pay a certain amount on the…
World Trade Organisation
World trade organisation is expected to play an important role in the context of globalisation of world economies. It is…
Technology and Imperfect competition
Technology and imperfect competition. Ideas are nonrivalous in nature which leads to imperfect competition with increasing returns . As ideas…
Ricardian equivalence
The Barro- Ricardo Hypothesis claims that changes in taxes would be precisely offset by an opposite change in private saving…
Saving rate in economy
Economy is affected by many things .Lets look out the effect of increase in saving rate in economy. The economy…
Why RBI cannot control money supply precisely?
RBI can use its three instruments to control money supply (Monetary policy)i.e open market operations(by borrowing and selling bonds), the…
Theory of Money demand by Baumol
Looking for demand. Theory of money demand – Baumol In the early 1950s ,William j. Baumol of Princeton and Newyork…