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RBI Grade B Exams for Economics students

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 RBI GRADE B Exams for Economics students  "Dear Economics students, Are you interested in a career in central banking and economic policy-making? Look no further than the RBI Grade B exam! As an economics student, you already have a solid foundation in the subject matter. With dedicated preparation, you can crack this prestigious exam and join the Reserve Bank of India (RBI) as a Grade B officer. To prepare, focus on: 1. *Microeconomics*: Theory of consumer behavior, production, market structures, and welfare economics. 2. *Macroeconomics*: National income accounting, aggregate demand and supply, inflation, and monetary policy. 3. *International Trade*: Gains from trade, tariffs, exchange rates, and balance of payments. 4. *Economic Growth and Development*: Models, indicators, and strategies. 5. *Indian Economy*: Historical perspective, planning, liberalization, and economic reforms. 6. *Statistics*: Descriptive and inferential statistics, data interpretation, and analysis. 7...

National Income Concept ugc net ,Upsc and other competitive exam

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Concepts of National Income UGC Net,UPSC and other competitive Exam There are various concepts of national income. These are explained below one by one: (1) Gross National Product (GNP). (2) Net National Product (NNP)/National Income. (3) Gross Domestic Product (GDP). (4) National Income at Factor Cost. (5) Personal Income. (6) Disposable Personal Income. (1) GROSS NATIONAL PRODUCT (GNP): National Income Concept National Income Concept GROSS NATIONAL PRODUCT AT MARKET PRICE: DEFINITION AND EXPLANATION OF GNP: The concept of gross national product (GNP) is comprehensive. It enables us to measure and analyze as to how much is the aggregate economic production of a country in a given period. The gross national product of a country (GNP) is defined as: "The total money value of all final goods and services produced by the residents of a country in one year period". In the words of W.C. Peterson: "Gross national Product may be defined as the current m...

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