Economics

What is Inflation? - Inflation means, a rise in general level of prices of goods and services in an economy over a period of time. In other words,…

Commercial Bank: A commercial bank is a financial institution authorized to provide a variety of financial services, including consumer and business…

Functions of Money: With the advent of banking sector and emerging financial markets in the economy, one requires a precise understanding concerning…

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

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…

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 4.19% of the total…

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…

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

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

Deflation - Meaning, Reasons of Deflation, Measures to control deflation. In my previous post I have discussed a few lines about inflation., under…

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