Economics Notes For SSC CGL / CHSL /RBI /SBI Exam 2019-20 on :Meaning of...
Liberalisation, privatisation and globalisation are interrelated terms that are most often used together, since when one occurs, the other two occur in tandem with it.
Liberalisation: Governments of different countries have different trading...
Economics Notes For SSC CGL / CHSL /RBI /SBI Exam 2019-20 on :Theories of...
There are various theories of profit which have been advanced from time to time regarding the nature of profit in a competitive economy. Almost all of them differ basically from one...
Economics Notes For SSC CGL / CHSL /RBI /SBI Exam 2019-20 on : Theories...
There are various theories which have been put forward from time to time as to why the interest is paid. The most important theories are:
(1) Productivity Theory of Interest.
(2) Abstinence or...
Economics Notes For SSC CGL / CHSL /RBI /SBI Exam 2019-20 on : Theories...
Wages are the reward for labour. There are two main kinds of wages. (1) money wages and (2) real wages. Money wages are also known as nominal wages. Real wages refer...
Economics Notes For SSC CGL / CHSL /RBI /SBI Exam 2019-20 on : Oligopoly...
Oligopoly refers to a small number of bidding products. The word is derived from Greek and is formed by two different concepts: oligo meaning "few" and polio meaning "seller". In this...
Economics Notes For SSC CGL / CHSL /RBI /SBI Exam 2019-20 on : Duopoly...
The duopoly is a type of competition which takes place within a market which is characterized mainly by the existence of two companies which produce an article, and who control the...
Economics Notes For SSC CGL / CHSL /RBI /SBI Exam 2019-20 on : Monopoly...
A market structure characterized by a single seller, selling a unique product in the market. In a monopoly market, the seller faces no competition, as he is the sole seller of...
Economics Notes For SSC CGL / CHSL /RBI /SBI Exam 2019-20 on : Imperfect...
Imperfect competition is a competitive market situation where there are many sellers, but they are selling heterogeneous (dissimilar) goods as opposed to the perfect competitive market scenario. As the name suggests,...
Economics Notes For SSC CGL / CHSL /RBI /SBI Exam 2019-20 on : Perfect...
Perfect competition describes a market structure where competition is at its greatest possible level.
Perfect competition or competitive markets -also referred to as pure, or free competition-, expresses the idea of...
Government Scheme
Geography Notes For SSC CGL / CHSL /SBI/RBI Exam 2019-20 on...
Nitrogen (N) is an essential component of DNA, RNA, and proteins, the building blocks of life. All organisms require nitrogen to live and grow....
