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Difference between Fiscal Policy and Monetary Policy
Last Updated: 23 July 2025
Governments and banks have ways to manage money and keep the economy stable. Fiscal policy means how governments spend money and collect taxes to help the economy grow. Mo...
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Types of Cooperative Bank
Last Updated: 23 July 2025
What is a Cooperative Bank?A cooperative bank is a financial institution that is owned and operated by its members, who are also its customers. These banks are governed by...
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Difference between Subsidized Loan and Unsubsidized Loan
Last Updated: 21 April 2025
Subsidized and unsubsidized loans are two types of federal student loans available to eligible students to help cover the cost of higher education. Subsidized loans are ne...
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Difference between Bank and Credit Union
Last Updated: 21 August 2025
Banks and credit unions are financial institutions that offer a range of financial services, but they differ in their structures, ownership, and purposes. While both banks...
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Fiat Money : Meaning, Advantages, Disadvantages and Examples
Last Updated: 23 July 2025
What is Fiat Money?Fiat money is defined as a form of currency not tied to any commodity like gold or silver and is typically declared legal tender by the issuing governme...
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Money and Banking
Last Updated: 23 July 2025
Money and Banking is a captivating academic subject that unveils the complicated world of money, exploring its dynamic role as a medium of exchange, store of value, and un...
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Macroeconomics
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Incidence and Shifting of Tax : Effect, Importance and Theories
Last Updated: 23 July 2025
Tax incidence refers to the distribution of the burden of a tax among different parties in an economy, typically between producers and consumers. It examines how the impos...
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Economic Effects of Taxation
Last Updated: 23 July 2025
Taxes are defined as the basic source of revenue for the government and can be described as the money that people are required to pay to the government, and government dep...
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Macroeconomics
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SLA | Full Form, Components and Types
Last Updated: 06 November 2023
What is an SLA?SLA is defined as an agreement between a service provider and their clients/customers. This agreement provides all the information and details regarding the...
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IDBI | Full Form, Functions, Subsidiaries and Services
Last Updated: 23 July 2025
What is IDBI?IDBI is a specialised financial institution in India that plays a crucial role in promoting industrial and infrastructure development in the country. It was e...
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Methods of Redemption of Public Debt
Last Updated: 23 July 2025
What is Redemption of Public Debt?Redemption of Public Debt is defined as a process of repayment of public debt. The government needs to redeem its debts regularly to incr...
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Finance
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SLR | Full Form, Objectives, Components and Examples
Last Updated: 22 April 2024
The full form of SLR is Statutory Liquidity Ratio. SLR is defined as the minimum liquidity percentage that every bank has to maintain with them in order to discharge their...
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Economic Effects of Public Debt
Last Updated: 19 September 2023
Meaning of Public DebtPublic Debt can be defined as a loan taken by the government from its public and foreign countries as well. The government can take loans from the pu...
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Accountancy
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Budgetary Procedure | Concept and Steps
Last Updated: 21 August 2025
What is Budgetary Procedure?Budgetary Procedure can be described as a process of preparing the annual budgets, estimating the expenditures and income, allocating funds to ...
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Incidence of Public Debt
Last Updated: 23 July 2025
What is Public Debt?Public Debt can be defined as a loan taken by the government from its public and foreign countries as well. The government can take loans from its publ...
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