Banks are financial Instutions, Intermediators, middleman between depositor and debtors.DEPOSIT and LOAN1)DEPOSIT:Deposit is a term used to denote the money kept or held in…
Read MoreThe different types of inflation in an economy can be explained as follows: Demand – Pull Inflation This type of inflation is caused due…
Read MoreDefinition of national income? National Income (NI) is method used to measure the economic performance of a country, Calculation of total value of goods…
Read MoreAbout: Inflation, as defined by the International Monetary Fund (IMF), is the rate of increase in prices over a given period, encompassing a broad…
Read MoreIn recent years, using Unified Payments Interface (UPI) and digital wallets has become really common. Companies like Paytm, PhonePe, and Amazon have made it…
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