India follows a federal shape in which the powers are shared among each centre and the states. It's also stated that India follows a quasi-federal shape in which the central government enjoys greater powers over the states
Composition of Trade and Direction of Trade Composition of trade means a study of the goods and services of imports and exports of a country.
Economic reform usually refers to deregulation, or at times to reduction in the size of government, to remove distortions caused by regulations
The balance of payments (BOP) is the method by which countries measure all of the international monetary transactions within a certain period
The MNCS Stands for Multinational Corporations. MNC relates to a corporation that operates from one nation in which it is headquartered and operates in two or more countries
Planning is a continuous process that involves choices and decision making about allocation of available resources with the objective of achieving effective and efficient utilisation and growth of these resources
Planning is a continuous process that involves choices and decision making about allocation of available resources with the objective of achieving effective and efficient utilisation and growth of these resources
This was carried through the Five-Year Plans, developed, executed, and monitored by the Planning Commission (1951-2014) and the NITI Aayog (2015-2017).
Economic problems are challenges or issues that arise in the production, distribution, and consumption of goods and services
Consumer education and protection is an integral component of RBI’s full-service central banking functions. The Consumer Education and Protection Department (CEPD),
