Question
What percentage of global GDP is contributed by MSMEs,
as per the United Nations?Solution
MSMEs play a vital role in global economic stability and development. According to the United Nations, MSMEs contribute to 50% of the global GDP. They are recognized for being the backbone of economies worldwide, representing 90% of businesses and generating 60-70% of employment globally. This data underscores the importance of MSMEs not only as economic entities but also as drivers of inclusive and sustainable development, particularly in empowering vulnerable sections like women, youth, and the working poor. Â
How do expected inflation and changes in payment technology affect money demand?
Accelerator and multiplier stand for Â
 Suppose the reserve ratio is 0.10, Currency in Circulation is Rs.200, Deposits are Rs.800 and Excess Reserves Rs.100 , then calculate the money multi...
Refer to the below given table
...
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What is the primary objective of the National Food Security Act (NFSA), 2013?
The graph that shows the relationship between the size of a tax and the tax revenue collected by the government is known as a
The Banking Ombudsman Scheme is introduced under which of the following sections in Banking Regulation Act, 1949?
For the given data, n=20, X̅ = 40, Y̅ = 60, ∑(X-10)2 = 100, ∑(Y-30)2 =160 and    ∑(X-10)*(Y-30) = 80. Calculate the r...
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