Banking Banking refers to the set of financial activities and services conducted by banks and financial institutions to facilitate the flow of money, manage financial resources, and provide various financial products and services to individuals, businesses, and governments. Banks are crucial intermediaries in the financial system, playing a central role in the economy by channeling …
GDP or GNP, Which one is a better approach? Determining whether Gross Domestic Product (GDP) or Gross National Product (GNP) is a “better” concept depends on the specific analytical and policy goals. Each measure provides different insights into a country’s economic performance, and the choice of which to use may depend on the context and …
Quick Revision notes for B.Com | BBA| BBM | BMS | BHM | MBA | MHA | MMS | CA| CS | CMA | ICWA & Others Aggregate Demand and Aggregate Supply Aggregate demand and aggregate supply are key concepts in macroeconomics that help explain the overall performance of an economy. These concepts are used …
