Foreign Exchange Rate Class 12 Notes

Introduction of CBSE 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 to exchange goods and services. But the currency of one country is not acceptable … Read more

Balance of Payments Class 12 Notes

Balance of Payments Class 12 Notes

In Balance of Payment class 12 Economics notes, we will study about the meaning of balance of payment, Structure of balance of payment, its components, its relationship with the foreign exchange rate, deficit in balance of payment account, etc…. The government keeps a record of all the transactions of the country with the rest of … Read more

Government Budget and the Economy Class 12 Notes

Introduction of Government Budget and the Economics Class 12th Meaning of Government Budget A statement which is prepared annually, showing estimated expenditure and receipts of the government over the fiscal or financial year is termed as GOVERNMENT BUDGET. A financial year or fiscal year runs from April 1 to March 31. Objectives of Government Budget … Read more

Money and Banking Class 12 Notes Economics

Money and Banking Class 12 Notes Economics

Money and Banking class 12 Notes covers various concepts about  (a) Money used in the Indian economy (b) Role of commercial and central banks in supply of money and credit creation. Money is the basic requirement of all economies . Prior to invention of money,    world  trade was conducted under the barter system of … Read more

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