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List of prominent scholars and the work in field of economics

List of prominent scholars and the work in field of economics  Adam Smith - "The Wealth of Nations" (1776) - Laid the foundation for classical economics. John Maynard Keynes - "The General Theory of Employment, Interest, and Money" (1936) - A key figure in the development of modern macroeconomics. Milton Friedman - "A Monetary History of the United States" (1963) - Championed monetarism and free-market principles. Amartya Sen - Work on welfare economics and development, notably "Development as Freedom" (1999). Paul Krugman - Contributions to international trade theory and economic geography. Won the Nobel Prize in 2008. Joseph Stiglitz - Work on information asymmetry, development economics, and global economic issues. Nobel Prize in 2001. Thomas Piketty - "Capital in the Twenty-First Century" (2013) - Analyzed wealth and income inequality over time. Gary Becker - Pioneer in the field of human capital theory and the economic anal

UGC NET ,UPSC and other competitive exams CENTRAL BANK OF INDIA ( RBI a National BANK OF INDIA ) Cash Supply Concept.

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UGC NET ,UPSC and other competitive exams CENTRAL BANK OF INDIA ( RBI a National BANK OF INDIA ) Cash Supply Concept. Central Bank Central Bank a National bank of India, hold bank, or fiscal authority is an establishment that deals with the cash, cash supply, and financing costs of a state or formal money related association, and administers their business banking framework. Rather than a business bank, a national bank has a restraining infrastructure on expanding the money related base in the state, and furthermore by and large controls the printing of the national currency,which fills in as the state's legitimate tender.A national bank likewise goes about as a loan specialist after all other options have run out to the financial segment during times of budgetary emergency. Most national banks likewise have supervisory and administrative forces to guarantee the security of part establishments, to forestall bank runs, and to debilitate crazy or deceitful conduct by

UGC NET, UPSC and other competitive exam Financial approach or Monetary cash balance approach by Central Bank

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UGC NET, UPSC and other competitive exam Financial approach or Monetary cash balance approach by Central Bank Financial approach Financial approach is the arrangement embraced by the fiscal authority of a nation that controls either the loan cost payable on momentary obtaining or the cash supply, frequently focusing on expansion or the financing cost to guarantee value soundness and general trust in the money. Objective of Financial objective 1) Not at all like financial approach which depends on government to spend out of downturns, fiscal arrangement plans to control the cash supply, for example 'printing' more cash or diminishing the cash supply by changing loan costs or evacuating overabundance holds. 2) Further objectives of a money related approach are for the most part to add to the steadiness of GDP , to accomplish and keep up low joblessness, and to keep up unsurprising trade rates with different monetary forms. Fiscal financial aspects

UGC NET ,UPSC and other competition Exams National BANK OF INDIA (RBI) Cash Money ConceptMACRO ECONOMICS

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UGC NET ,UPSC and other competition Exams National BANK OF INDIA (RBI) ,Cash Money concept MACRO ECONOMICS  UGC NET ,UPSC and other competition Exams  National BANK OF INDIA (RBI) ,Cash Money concept MACRO ECONOMICS                                     Central Bank of India National bank (RBI), Cental  bank, or financial authority is an organization that deals with the cash, cash supply, and loan fees of a state or formal money related association, and administers their business banking framework. As opposed to a business bank, a national bank has a syndication on expanding the money related base in the state, and furthermore by and large controls the printing of the national currency,which fills in as the state's legitimate tender.A national bank additionally goes about as a moneylender after all other options have run out to the financial area during times of monetary emergency. Most national banks additionally have supervisory and administrative forces to guarantee

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