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Lesson Posted on 17 Jun CBSE/Class 11/Commerce/Economics

INFLATION

Srinivas Chowdary Nani

Inflation is the rate at which the general level of prices for goods and services is rising and, consequently, the purchasing power of currency is falling. Central Banks attempt to limit inflation — and avoid deflation . in order to keep the economy running smoothly.
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Answered on 23 Jun CBSE/Class 11/Commerce/Economics

Goutam Sasmal

Tutor

give miss call on toll free no.for call back
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Answered on 14 Apr CBSE/Class 11/Commerce/Economics Tuition/Class XI-XII Tuition (PUC)

What do you understand by drain of Indian wealth during the colonial period?

Tapu G.

Tutor

British's main economic agenda in India was to gain maximum benefits of total India's trade beacuase India's foreign trade generated large export surplus. The export surplus did not result in any flow of gold or silver into India.
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Answered on 18 Mar CBSE/Class 11/Commerce/Economics Tuition/Class XI-XII Tuition (PUC)

Gaurav Sinha

Maths Tutor

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Answered on 14 Jun CBSE/Class 11/Commerce/Economics Tuition/Class XI-XII Tuition (PUC)

Anuj Kumar Sinha

Tutor

The fall in price of tomatoes when the local harvest starts reaching the market is due to following two readons: 1. When supply is in much excess of demand , as per basic theory of economics the price of commodity, here tomatoes , falls. 2. Tomatoes are perishable. They can't be preserved for longer... read more

The fall in price of tomatoes when the local harvest starts reaching the market is due to following two readons:

1. When supply is in much excess of demand , as per basic theory of economics the price of commodity, here tomatoes , falls.

2. Tomatoes are perishable. They can't be preserved for longer time by all the farmers as all of them  do not have storage facility. Hence tomato growers are compelled to sell them off so price comes down.

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Answered on 12 Jun CBSE/Class 11/Commerce/Economics Tuition/Class XI-XII Tuition (PUC)

Write any three uses of index number especially in Economics.

Anil Ghai

Teacher

Speed up SELECT query Helps to make a row unique or without duplicates(primary,unique) If index is set to fill-text index, then we can search against large string values. for example to find a word from a sentence etc.
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Answered on 07 Jun CBSE/Class 11/Commerce/Economics Tuition/Class XI-XII Tuition (PUC)

Why do we need an index number?

Shivani Gupta

Krishna Tution

We need Index numbers because it helps to assess the living standard of people and Cost of measures the relative cost of living over time. read more

We need Index numbers because it helps to assess the living standard of people and Cost of  measures the relative cost of living over time.

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Answered on 06 Jun CBSE/Class 11/Commerce/Economics Tuition/Class XI-XII Tuition (PUC)

Write the different situations of Spearman‚??s rank correlation.

Goutam Sasmal

Tutor

Spearman's correlation coefficient, (ρ, also signified by rs) measures the strength and direction of association between two ranked variables. read more

Spearman's correlation coefficient, (ρ, also signified by rs) measures the strength and direction of association between two ranked variables.

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Answered on 12 Jun CBSE/Class 11/Commerce/Economics Tuition/Class XI-XII Tuition (PUC)

Underscore some of India's most crucial economic challenges on the eve of independence?

N Divya Maha Lakshmi

JANASENANI

lack of sufficient money becoz of "DRAIN OF WEALTH" which may lead to NATIONALISATION OF BANKS INCOME INEQUALITY FINANCIAL CRISIS IN 1991
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Answered on 03 Mar CBSE/Class 11/Commerce/Economics Tuition/Class XI-XII Tuition (PUC)

Marvel Academy

Rural areas are more of self employment because there lots of poultry farms, periculture and other farmed base product from are made.
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