Author: indiafreenotes

Solvency, in finance or business, is the degree to which the current assets of an individual or entity exceed the…

A Contra cyclical Budgetary Policy: The policy of managed budgets implies changing expenditures with constant tax rates or changing tax…

According to the classical economists, however, fiscal policy should have the minimum range of operations and the budget should be…

Public Debt refers to “Obligation of Government particularly those evidenced by securities, to pay certain sums to the holders at…

Public finance deals with the question how the Government raises its resources to meet its ever-rising expenditure. As Dalton puts…

Public expenditure is spending made by the government of a country on collective needs and wants such as pension, provisions…

India’s social security system is composed of a number of schemes and programs spread throughout a variety of laws and…

The budget is an estimate of income and expenditure for a definite duration. In economics, budget is a systematic list…

Velocity of Circulation refers to the average number of times a single unit of money changes hands in an economy…

In monetary economics, the demand for money is the desired holding of financial assets in the form of money: that…