What is National Income? | Methods of Calculating National Income
Income is money that a person or a business receives in return for working, providing a product or … Read more
Finance
Circular Flow of Income | Circular Flow of Income in two Sector Economy
National income is the sum of total factor income including net factor income from abroad earned by the … Read more
Objectives and Functions of World Bank | What is the world bank?
Bank is a financial institution where accepts deposits from the public and creates a demand deposit. So friends, … Read more
Functions of Finance Commission | Finance Commission Functions
The first Finance Commission of India was appointed or established on 22 November, 1951 under the Chairmanship of … Read more
What is Fiscal Federation ? | Principles of Federal Finance
Federation may be defined as a form of political association in which two or more states constitute a … Read more