Economics notes on capital formation Q.6. Elaborate on the following (a) Capital Formation in India. (b) Role of Financial Sector in Economic Development of the Country. (c) Meaning and process of Credit Creation. (d) Role of Commercial Banks in India’s Economic Development. Ans. (a)Capital formation signifies addition to the reproducible Wealth of a country, and…
Economics notes for Ba llb Q. 5. Give arguments in favour of and against Small Scale Industries. Also, examine the shortcomings from which the SSI sector suggests. Ans. Arguments in Favours of SSIs IPR 1956 established the rationale of SSIs in terms of the following arguments : (1) Employment Argument: The most important argument in…
Economics notes in pdf Q.4. Explain the meaning and scope of Small Scale Industries. Differentiate between cottage, medium and large industry. Ans. The ‘small sector’, as the name implies, consists of small-scale industries. Following Dhar and Lydall, we can divide the small-scale industries into the following three categories, viz., (a) cottage industries, (b) agro-based industries,…
Economics notes pdf Q.3. Write an essay on ‘Private sector’ and ‘Joint Sector’ in India. Ans. In the economy of India private sector plays a complementary role to the public sector. The Industrial Policy Resolution, 1956, set the mood and tone for the future. While reserving the key and basic industries for the public sector…
BA LLB Economics notes 1st semester In the below post you will read National Income estimation in India a complete explanation for you. you can follow @freegooglenotes or you may also read:- International Relations Q. 3. Discuss the trends in National Income estimation in India. Ans. In India, the first attempt to estimate national income and per…
ba LLB 1st-semester economics notes pdf In this post, present upon you B.A. LL.B.first semester,(paper IV) Economics-I (code: BL-104) notes. you may also read ba LLB causes of cold war pdf for more please follow @freegooglenotes What is an Economic Problem? Discuss the scope of Economic Theory. Ans. Economics notes -The Economic Problem Scarcity and…