Meaning of speculation for beginners
Meaning of speculation for beginners Read More »
Economics
Maharatna Navratna and Miniratna companies
Understanding Miniratna, Navratna and Maharatna Companies in India What are Maharatna Navratna and Miniratna companies Miniratna, Navratna, and Maharatna Miniratna Navratna Maharatna Scroll down to learn more What are these special companies? In India, the government owns many companies that provide important services and products to people. These are called Public Sector Undertakings (PSUs). The
Maharatna Navratna and Miniratna companies Read More »
Liberalization In India 1991
Understanding Liberalization: From License Raj to Economic Freedom Liberalization in Indian Economy Let’s explore how India transformed its economy from strict government free market! 🚀 What Does “Liberal” Mean? 💡 Simple Definition Liberal = Freedom + Independence Think of it as having the freedom to make your own choices! 🚫 Strict Parents “You cannot go
Liberalization In India 1991 Read More »
India New economic policy of 1991
New Economic Policy of India – Interactive Guide for Students India’s New Economic Policy Understanding the LPG Revolution of 1991 – A Simple Guide for Students What is New Economic Policy in India? 🤔 Also Known As: LPG Policies Introduced in 1991 and still continuing today! It’s called “New” even after 35+ years because no
India New economic policy of 1991 Read More »
Demonetization in India
Demonetization in India – Complete Guide for Students Demonetization in India A Simple Guide for Students What is Demonetization? 💰 Simple Definition Demonetization is when the government says “These currency notes are no longer valid money!” It’s like suddenly telling everyone that their old mobile phone won’t work anymore and they need to get a
Demonetization in India Read More »
GST Basics
GST Basics – Understanding India’s Goods and Services Tax 📊 GST Basics Understanding India’s Goods and Services Tax Made Simple 🎯 One Tax System Unified taxation across India 📈 5 Tax Slabs 0%, 5%, 12%, 18%, 28% 🔄 3 Types CGST, SGST, IGST July 1, 2017 Implementation Date 17 + 23 Taxes & Cesses Replaced
T R Jain National Income Solutions – (2025-2026)
T R Jain Introductory macro economics is a suggested book for students of class XII CBSE Boars. T R Jain Economics class 12 book is strongly recommended for students for preparing for macroeconomics paper. Its explanation of concepts is quite simple to understand. This books makes it easy to understand the economics concepts in an
T R Jain National Income Solutions – (2025-2026) Read More »
Precautions of Expenditure Method of National Income
Expenditure Method Precautions: Complete Guide for Students 📊 Expenditure Method Precautions Master the precautions of expenditure method for Calculating National Income Why These Precautions Matter When calculating national income using the expenditure method, we need to be very careful about what we include and what we don’t. Think of it like making a recipe –
Precautions of Expenditure Method of National Income Read More »
Precautions of Income Method of National Income
Income Method Precautions: Complete Guide for Students 💰 Income Method Precautions Master the precautions while calculating National Income by Income method 🎯 What You’ll Learn When calculating national income using the income method, we need to be super careful about what to include and what to exclude. Suppose you are making a recipe and if
Precautions of Income Method of National Income Read More »
Factor Income vs Transfer Income
Factor Income vs Transfer Income – Economics Explained Factor Income vs Transfer Income Easy-to-understand economics for students with real-life examples What’s the Difference? In economics, income can be classified into two main types: Factor Income and Transfer Income. Understanding the difference between them is important because: Key Difference Factor income is included in national income
Factor Income vs Transfer Income Read More »