Posts

Showing posts with the label National income

RBI Grade B Exams for Economics students

Image
 RBI GRADE B Exams for Economics students  "Dear Economics students, Are you interested in a career in central banking and economic policy-making? Look no further than the RBI Grade B exam! As an economics student, you already have a solid foundation in the subject matter. With dedicated preparation, you can crack this prestigious exam and join the Reserve Bank of India (RBI) as a Grade B officer. To prepare, focus on: 1. *Microeconomics*: Theory of consumer behavior, production, market structures, and welfare economics. 2. *Macroeconomics*: National income accounting, aggregate demand and supply, inflation, and monetary policy. 3. *International Trade*: Gains from trade, tariffs, exchange rates, and balance of payments. 4. *Economic Growth and Development*: Models, indicators, and strategies. 5. *Indian Economy*: Historical perspective, planning, liberalization, and economic reforms. 6. *Statistics*: Descriptive and inferential statistics, data interpretation, and analysis. 7...

National Income Concept ugc net ,Upsc and other competitive exam

Image
Concepts of National Income UGC Net,UPSC and other competitive Exam There are various concepts of national income. These are explained below one by one: (1) Gross National Product (GNP). (2) Net National Product (NNP)/National Income. (3) Gross Domestic Product (GDP). (4) National Income at Factor Cost. (5) Personal Income. (6) Disposable Personal Income. (1) GROSS NATIONAL PRODUCT (GNP): National Income Concept National Income Concept GROSS NATIONAL PRODUCT AT MARKET PRICE: DEFINITION AND EXPLANATION OF GNP: The concept of gross national product (GNP) is comprehensive. It enables us to measure and analyze as to how much is the aggregate economic production of a country in a given period. The gross national product of a country (GNP) is defined as: "The total money value of all final goods and services produced by the residents of a country in one year period". In the words of W.C. Peterson: "Gross national Product may be defined as the current m...

Popular posts from this blog

RBI Grade B Exams for Economics students

Econometrics Regression Analysis part 1

Ugc net Keynesian Theory of Income and Employment

Complete Information of Net Economics,Management & Commerce