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Can someone please help me in getting through this problem. Which of the given concentration factor is affected by the change in temperature: (1) Molarity (2) Molality (3) Mole fraction (4) Weight fra
If 20ml of 0.4N, NaoH solution completely neutralises 40ml of a dibasic acid. The molarity of the acid solution is: (a) 0.1M (b) 0.2M (c) 0.3M (d) 0.4M Choose the right answer fron above.
What are the limitations of using GDP as an index of welfare of a country?A) The N.I. figures provide no indication of the population, skill and resource of the country. Thus the levels of welfare sta
Describe the steps taken in estimating N.I. by product/ value added technique? Answer: A) Classify all production units: Locate the domestic territory into different industrial sectors that is, pri
Describe precautions to be taken in estimating national income by expenditure technique? Answer: The following precautions are to be taken while evaluating N.I. by the expenditure technique. A) Do
Different forms of capital account transactions: A) Private Transactions: There are transactions which affect the liabilities and assets of individuals. B) Official Transactions: Transactions affect
Elucidate the components of capital account? Answer: It records are international transactions which occupy a resident of the domestic country changing his assets with the foreign resident or his lia
What are the main sources of supply of foreign currencies into domestic economy? Answer: A) Foreigners purchasing home country’s goods and services via exports. B) Foreign investment in home
State main sources of demand for foreign currency? Answer: The four main sources of demand for foreign currency are as follows: A) To buy services and goods from other countries. B) To send a gift
Write a brief note on plan and non-plan expenditure of the government with illustration. Answer: Plan Expenditure: Plan expenditure refers to the estimated expenditure that is given in the budget t
Define revenue receipts. Write the groups in which they are categorized. Answer: Any receipts that do not either make a liability or lead to reduction in assets is termed as revenue receipts. Revenu
Elucidate the basis of categorizing government receipts into revenue receipts and capital receipts. Answer: Revenue Receipts: The government revenue receipts are such receipts A) that neither makes
Give some objective of government Budget. Answer: The objectives which are pursued by government via the budget are as follows: A) To attain economic growth. B) To decrease in equalities in income
How Bank rates control the credit? Answer: Bank rate is the rate of interest at which the Central bank lends to Commercial banks. By increasing the bank rate central bank increases the cost of borro
Name the six agency function of Commercial Bank. Answer: A) Transfer of funds B) Collection of funds C) Purchase and sale of securities. D) Collection of dividends E) Payment of bills & insuran
Elucidate the Secondary or Subsidiary function? Answer: 1) Standard of deferred payments: Money is executing as deferred Payments since its price stay relatively stable. 2) Store of Value: It is co
Elucidate the Primary functions of money. Answer: Primary functions: 1) Medium of Exchange: This means that money acts as an intermediary for goods and services in exchange transaction. 2) Measure
State drawbacks of barter system: A) Both sale and purchase must take place concurrently implying double coincidence of wants. B) There is no general unit of exchange in barter system, accordingly e
Distinguish between full-employment equilibrium and Under-employment equilibrium. Whenever equality among AD and AS is at full employment level it is termed as full employment equilibrium. Although
Differentiate between planned and actual saving and investment. Answer: There is a big difference between (a) planned S and I and (b) Actual saving and investment. Planned saving is what house-hold
Define monetary policy? What monetary measure can be accepted to control the condition of excess demand? It is the policy accepted by central bank exercising control over money rate of interest and
Describe the fiscal measures to accurate the condition of deficient demand and excess demand. Answer: Fiscal measures are the government’s budgetary policy that comprises taxation and governme
What is the impact on income or output and price of excess demand (Inflationary gap)? Answer: In the condition of excess demand (that is Inflationary gap) there will be upward pressure on price. The
Define Break Even point? Elucidate with the help of saving function. Answer: Breakeven point is a point where consumption equals to income and saving is equivalent to zero. At point E saving is eq
Differentiate between APC and MPC. The value of which of them can be greater than another and when? Answer: APC is the average consumption stage of people. Which is equivalent to = APC = C/Y. MPC i