What is Balance of Payments ? Balance of Payments is an accounting statement , that provides information regarding all the economic transactions , between , the residents of a country, and rest of the world , during a given period. The period is usually one fiscal or financial year. BOP
Read MoreIntroduction of Exchange Rate Class 12 In foreign exchange rate class 12, we will study about the foreign exchange rates, depreciation and appreciation of currencies, determination of foreign exchange rate and foreign exchange markets. Every country has their own currency
Read MoreClass 12 economics revision notes Government Budget and the Economy Revision Notes Budget is a financial statement showing the expected receipt and expenditure of Govt. for the coming fiscal or financial year.Main objectives of budget are:(i) Reallocation of resources.(ii) Redistribution of
Read MoreDeficient demand Deficient Demand is the state in which aggregate demand is less than the aggregate supply at full employment level in the economy. Important Observations of Deficient demand Causes of deficient demand/deflationary gap Excess demand Excess Demand is the
Read MoreNational Income Determination and Multiplier – Notes for Class 12 Macro Economics Goods :In economics a goods is defined as any physical object, manmade, that could command a price in the market andthese are the materials that satisfy human wants and
Read MorePolitical Science Class 12 Notes Chapter 9 Globalisation Concept of Globalisation Causes of Globalisation Consequences of GlobalisationPolitical Consequences Economic Consequences Cultural Consequences India and Globalisation Resistance to Globalisation India and Resistance to Globalisation FACTS THAT MATTER 1. Globalisation is the
Read MoreClass 12 Political Science Quick Revision notes Chapter 8 Environment and Natural Resources Environmental Concerns in Global Politics The Protection of Global ‘Commons’ Common but Differentiated Responsibilities Commons Property Resources India’s Stand on Environmental Issues Environmental Movements Resource Geopolitics The
Read MoreClass 12 Political Science Quick Revision notes Chapter 7 Security in the Contemporary World Traditional Notions of External Security Traditional Notions of Internal Security Traditional Security and Cooperation Non-Traditional Notions New Sources of Threats Cooperative Security India’s Security Strategy FACTS
Read MoreClass 12 Political Science Quick Revision notes Chapter 6 International Organisations The United Nation UN Reform of the United Nations after the Cold War Reform of Structures and Processes of the UN Jurisdiction of the UN India and the UN Reforms
Read MorePolitical Science Class 12 Notes Chapter 5 Contemporary South Asia Pakistan India-Pakistan Conflicts Bangladesh Nepal Sri Lanka India and its Other Neighbours Peace and Cooperation FACTS THAT MATTER 1. South Asia is referred to as a group of seven countries
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