Taxation can influence the production of a nation by influencing four basic factors. They are as follows: Ability to work, save and invest. Willingness to work, save and
What is an Economic Plan? An economic plan is an outline of schemes designed to achieve certain pre-determined economic objectives, in a particular order of priorities within a
What is Capitalism? Capitalism is an economic order in which the resources are owned by a few rich and private people, and production will be done for profit.
Objectives of RBI Monetary Policy The Monetary Policy of Reserve Bank of India has four major objectives. They are Exchange rate stability Price stability Encouraging employment growth Assisting