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Solution: It is the net value of all the final goods and services produced by the nationals during a financial year. In India, financial year starts from 1st April and ends on 31st March every year. In other words, the total income of a country from the economic activities in a year’s time is known as national income. It includes payments made to all resources in the form of wages, interest, rent and profits. National income can also be defined as the net output of products and services flowing during the year from the country’s productive system in the hands of the ultimate consumers. The growth of National Income aids in knowing the progress of the country.
Who among the following is the 2017 Sahitya Akademi Award winner in Hindi Language?
Which amongst the following nations is not a member of the Shanghai Cooperation Organisation (SCO)?
Payment Banks can accept deposits upto ___________per account from individuals and small businesses.
Obligations under Prevention of Money Laundering Act 2002 is defined under which section?
The First RRB was set up in the ____________ district of Uttar Pradesh.
Which of the following acts empowers RBI to regulate Non-Scheduled Banks?
Terminals which allow & deposits, withdrawals etc are called
Which of the following rates signals the RBI’s long-term outlook on interest rates?
Minimum amount required to start a Small Finance Banks?
Which of the following is true about the Debit Card of the Banks?
I. By Automated Teller Machine customers can deposit or withdraw money fro...