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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...
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RBSE 12 Economics Top 30 important questions

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RBSE 12 Economics Top 30 important questions Micro Economics RBSE 12 Economics Top 30 important questions www.iemsnet.com Explain central problem of economy. State and explain law of diminshing marginal utility.  Explain the concept of indifference curve with its properties. State the difference between movement along a demand curve and shift in demand curve. Explain the difference between(a) subsitute goods and complementry goods (b) Normal goods and inferior goods. State and explain law of demand with shedule and diagram. What is price elasticity of demand and explain various method for measuring price elasticity of demand. Explain various factor which determine price elasticity of demand. What are the factor responsible for shift in supply curve and how tax,subsidy and technology effect supply curve State and explain concept of production function and difference between short run and long run production. State and explain law of variable proportion. Expain s...
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Location: Jaipur, Rajasthan, India
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Ugc net Keynesian Theory of Income and Employment

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Keynesian Theory of Income and Employment: John Maynard Keynes https://en.m.wikipedia.org/wiki/John_Maynard_Keynes DEFINITION AND EXPLANATION: John Maynard Keynes was the main critic of the classical macro economics. He in his book 'General Theory of Employment, Interest and Money' out-rightly rejected the Say's Law of Market that supply creates its own demand. He severely criticized A.C. Pigou's version that cuts in real wages help in promoting employment in the economy. He also opposed the idea that saving and investment can be brought about through changes in the rate of interest. In addition to this, the assumption of full employment in the economy is not realistic. So long as the economy was operating smoothly, the classical analysis of aggregate economy met no serious opposition. However, Great Depression of 1930's created problems of increasing unemployment, reducing national income, declining prices and failing firms increased in intensity....
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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...
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Econometrics Regression Analysis part 1

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Econometrics Regression Analysis Part 1   Regression analysis is a statistical method used to model and analyze the relationship between a dependent variable and one or more independent variables. In the context of econometrics, this technique is widely employed to understand and quantify the relationships between economic variables. Here's a more detailed breakdown: Dependent Variable (Y): This is the variable that you want to predict or explain. In econometrics, it often represents an economic outcome or phenomenon, such as GDP, inflation, or unemployment rate. Independent Variable(s) (X): These are the variables that you believe influence or explain changes in the dependent variable. They are also referred to as predictor variables. In economics, independent variables can include factors like interest rates, government spending, or consumer income. Linear Regression Model: The simplest form of regression assumes a linear relationship between the dependent and independent vari...
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NEW ECONOMIC POLICY 1991 TILL DATE UGC NET ,UPSC AND OTHER COMPETITIVE EXAM

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NEW ECONOMIC POLICY 1991 TILL DATE UGC NET ,UPSC AND OTHER COMPETITIVE EXAM New Economic policy The financial advancement in India alludes to the monetary progression of the nation's monetary arrangements, started in 1991 with the objective of making the economy more market-and administration situated, and extending the job of private and remote investment.Most of these progressions were made as a major aspect of the conditions spread out by the World Bank and the IMF as a condition for a $500 million rescue to the Indian government in December 1991. Explicit changes remember a decrease for import duties, deregulation of business sectors, decrease of expenses, and more noteworthy outside speculation.  PRE CHANGE PERIOD Before the procedure of change started in 1991, the administration endeavored to close the Indian economy to the outside world. The Indian money, the rupee, was inconvertible and high duties and import permitting forestalled remote merchandi...
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