BEST TUITION FOR ECONOMICS CLASS 12 TERM 1 CBSE 2021-2022
BEST TUITION FOR ECONOMICS CLASS 12 TERM 1 CBSE 2021-2022
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Course Features
- Lectures 18
- Quizzes 0
- Duration 50 hours
- Skill level All levels
- Language English
- Students 0
- Certificate No
- Assessments Yes
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Unit 2: Money and Banking
Money - meaning and supply of money - Currency held by the public and net demand deposits held by commercial banks. Money creation by the commercial banking system. Central bank and its functions (example of the Reserve Bank of India): Bank of issue, Govt. Bank, Banker's Bank, Control of Credit
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Unit 4: Government Budget and the Economy
Government budget - meaning, objectives and components. Classification of receipts - revenue receipts and capital receipts; classification of expenditure – revenue expenditure and capital expenditure. Measures of government deficit - revenue deficit, fiscal deficit, primary deficit their meaning.
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Unit 5: Balance of Payments
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Indian Economy on the eve of Independence
A brief introduction of the state of Indian economy on the eve of independence. Indian economic system and common goals of Five Year Plans. Main features, problems and policies of agriculture (institutional aspects and new agricultural strategy), industry (IPR 1956; SSI – role & importance) and foreign trade. Economic Reforms since 1991: Features and appraisals of liberalisation, globalisation and privatisation (LPG policy); Concepts of demonetization and GST
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Indian Economy (1950-90)
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Liberalisation, Privatisation and Globalisation : An Appraisal
Economic Reforms since 1991: Features and appraisals of liberalisation, globalisation and privatisation (LPG policy); Concepts of demonetization and GST
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Poverty
Poverty- absolute and relative; Main programmes for poverty alleviation: A critical assessment;
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Human Capital Formation
Human Capital Formation: How people become resource; Role of human capital in economic development;
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Rural development
Rural development: Key issues - credit and marketing - role of cooperatives; agricultural diversification;