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Economics

Contingent Functions of Money

Contingent Functions of Money, Various Functions of Money

Updated on: February 5, 2023

Contingent Functions of Money: Money is an important and indispensable element of modern civilization. In ordinary usage, what we use to pay for things is

Commercial Bank

Commercial Bank: Meaning and Functions of Commercial Banks

Updated on: January 31, 2023

Commercial Bank: A commercial bank is a financial institution authorized to provide a variety of financial services, including consumer and business loans, savings accounts etc.

Primary Functions of Money

Primary Functions of Money: Medium of Exchange, Measure of Value

Updated on: January 30, 2023

Primary Functions of Money: The main functions performed by money are called primary or original function. Since the entire financial structure revolves around banks and financial

Functions of Money

Functions of Money: Primary, Secondary and Contingent Functions

Updated on: January 6, 2023

Functions of Money: With the advent of banking sector and emerging financial markets in the economy, one requires a precise understanding concerning money; what exactly would

Secondary Functions of Money

Secondary Functions of Money: standard of deferred payment 2022

Updated on: December 7, 2022

Secondary Functions of Money: The relatively less important functions of money are called secondary function. Since, this function originates from primary functions. These functions are

Functions of Bank

Functions of Bank: Primary Functions, Secondary Functions of Bank

Updated on: November 21, 2022

Functions of Bank: In bank jobs interviews normally questions are asked about various functions of banks. So today I am listing down all the important functions

Economics

Economics: Definitions, an introduction and What is economics about?

Updated on: November 16, 2022

Economics has been recognized as a special area of study for over a century. Economics and economists are words that almost everyone has heard of and

Principles of Commercial Banks

Principles of Commercial Banks (All you need to know about)

Updated on: November 15, 2022

Principles of Commercial Banks: A central bank is an apex institution of a country’s monetary and financial system. Since the monetary system (which includes commercial banks)

Deflation

Deflation: Meaning, Reasons of Deflation, Measures to control

Updated on: October 18, 2022

Deflation: In my previous post I have discussed a few lines about inflation., under certain economic situations, a phenomenon which is completely opposite to inflation takes

What is Inflation

What is Inflation?: Types of Inflation, Control Inflation

Updated on: October 6, 2022

What is Inflation? – Inflation means, a rise in general level of prices of goods and services in an economy over a period of time.

India's GDP vs. China's GDP

India’s GDP vs. China’s GDP – Comparison with Largest economy

Updated on: September 12, 2021

India’s GDP vs. China’s GDP: At present, the GDP of China is about six-fold the GDP of India. While the GDP of India is about

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