BALANCE OF TRADE (BOT) BOT is merchandise balance. It shows visible trade transactions with the rest of…
3 Min Read
Q. Explain consumer’s equilibrium in case of single commodity (through utility approach). Ans The Law of DMU…
27 Min Read
Collection of primary and secondary data explained. What is Statistical Inquiry ? Inquiry means a search for…
17 Min Read
Commercial bank is an institution which performs the functions of accepting deposits, granting loans and making investments,…
9 Min Read
EVOLUTION OF MONEY Money has evolved through different stages according to time, place, and circumstances. It developed…
Stages of statistical study explained According to the figure, interpretation of data the last stage in order…
Origin and Growth of Statistics The term ‘STATISTICS’ has been derived from the Latin word ‘STATUS’, which…
12 Min Read
Q1. Explain the Domestic Territory (Economic Territory) ? Ans. In layman’s language, domestic territory means the political…
5 Min Read
MCQ QUESTIONS OF CIRCULAR FLOW OF INCOME There are _ phases in the circular flow of income.(a)…
Circular flow of income questions. Are the following statements true or false? Give reasons. In a two-sector…