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
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
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
CBSE Class 12 Economics Notes for CBSE Board These Economics Notes for Class 12 contains all the chapters step-by-step as per the new guidelines. In accordance with the new CBSE guidelines and pattern for exams for Academic Year 2021-22, we have prepared CBSE Class 12 Economics notes and MCQs for Term I and CBSE Economics … Read more
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