Start learning 50% faster. Sign in now
Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 and engaged in the business of loans and advances, acquisition of shares/stocks/bonds/debentures/securities issued by Government or other marketable securities of a like nature, leasing, hire-purchase, insurance business, chit business NBFC cannot accept demand deposits; NBFCs do not form part of the payment and settlement system and cannot issue cheques drawn on itself; deposit insurance facility of Deposit Insurance and Credit Guarantee Corporation is not available to depositors of NBFCs, unlike in case of banks.
If a tax is placed on the product in this market, tax revenue paid by the buyers is the area
During the planning period, highest growth rate was achieved during
Accelerator theory of investment is the ratio of:
The Phillips curve shows the trade-off between ----- and -----?
When the expected future marginal product of capital increases, then the IS curve
Which of the following is correct regarding long run cost
'Distributed Profits' is also known as:
If quantities of all commodities change in the same proportion then
If an individual deposits a sum of money in a bank, then the amount of additional credit that the banking system can be create is
When C = 200 + 0.75(Y − T), I = 200 − 25r, G = 100, T = 100. Find IS curve function.