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Explain "Banker to the Government" function of the Central Bank.
Concept: Central Bank Function - Goverment Bank
Explain bankers bank function of a Central bank.
Concept: Central Bank Function - Banker's Bank
What is meant by the efficiency of labour?
Concept: Factors of Production: Labour
What is meant by cost-push inflation?
Concept: Concept for Demand
What is meant by consumer awareness?
Concept: Rise of Consumer Awareness
Explain three causes of low capital formation in India.
Concept: Factors of Production: Capital
Define the term demand.
Concept: Concept for Demand
Explain the following:
Creeping inflation
Concept: Concept for Demand
Distinguish between the following.
Commercial Bank and Central Bank.
Concept: Central Bank Function - Banker's Bank
Give five points of difference between Commercial and Central Bank.
Concept: Differences Between a Central Bank and a Commercial Bank
Define public expenditure.
Concept: Concept for Public Expenditure
Public expenditure in India has increased over the years. Explain four principal reasons for its increase.
Concept: Concept for Public Expenditure
Mention one way by which consumers are exploited in the market.
Concept: Understanding the Importance of Educating Consumers of Their Rights
Explain two rights of a consumer.
Concept: Concept of Consumer Rights
Explain the role of an entrepreneur in the economic development of the country.
Concept: Factors of Production Entrepreneur
Define labour.
Concept: Factors of Production: Labour
What is meant by capital formation
Concept: Factors of Production: Capital
Define the term ‘Entrepreneur’.
Concept: Factors of Production Entrepreneur
