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What is difference between banks & NBFCs?

NBFCs lend and make investments and hence their activities are akin ...

BANKING SECTOR

A bank is a financial institution that accepts deposits from the ...

New Methodology for Calculation of GDP in India

Earlier domestic GDP was calculated at factor or basic cost, which ...

What are the factors that affect National Income?

Land –  Resources like coal, iron and timber are essential for ...

BASICS OF ECONOMY

National Income Definition National income is the total value of a ...