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A non performing asset (NPA) is a loan or advance for which the principal or interest payment remained overdue for a period of 90 days. These are the assets of the banks which don’t bring any return. However, in terms of Agriculture / Farm Loans; the NPA is defined as under: For short duration crop

The Reserve Bank of India is the central bank of the country. Central banks are a relatively recent innovation and most central banks, as we know them today, were established around the early twentieth century.The Reserve Bank of India was set up on the basis of the recommendations of the Hilton Young Commission. The Reserve

Demand-pull inflation Demand pull inflation is caused by increased demand in the economy, without adequate increase in supply of output. It is mainly an outcome of excess money income with the people. This high money income would be due to increased money supply. The situation of “too much money chasing too few goods” is an instance of

Inflation can distort economic variables like GDP, so we have two versions of GDP: One is corrected for inflation, the other is not. Nominal GDP values output using current prices. It is not corrected for inflation. Real GDP values output using the prices of a base year. Real GDP is corrected for inflation. https://www.youtube.com/watch?v=8r3vAmiIjQw&list=PLUe0zmntFqG4Zm1zqv79fts4xHuCM3qi7&index=8 Real GDP Real

Gross national product (GNP) is the market value of all the products and services produced in one year by labour and property supplied by the citizens of a country. Unlike gross domestic product (GDP), which defines production based on the geographical location of production, GNP indicates production based on location of ownership. GNP includes income