Question
What does Economic development refers to?
Solution
Solution: Economic development means the change in growth along with progressive changes in socio-economic conditions of country. Economic growth occurs when real output increases over time. Real output is measured by Gross Domestic Product (GDP) at constant prices, so that the effect of price rises on the value of national output is removed. Sustainable economic growth means a rate of growth which can be maintained without creating other significant economic problems, especially for future generations. There is clearly a trade-off between rapid economic growth today, and growth in the future.
In 1921, three Banks were merged into one Bank i.e, Imperial Bank. They are:
The Headquarter of SIDBI Is located in
A Scheduled Bank is included in the
Which one of the following statements is true
The First White Label ATM was set up byÂ
What is the current SLR rate ?
Who has been elected president of the Paralympic Committee of India?
RBI had permitted banks to invest in Real Estate Investment Trust (REITs) or Infrastructure Investment Trusts (InvITs). More than what percent of the u...
Exim Bank was established in the year
The Reserve Bank of India was set up on the basis of the recommendations of the ________ Commission.
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