Case Study -NIA-Class 12-2022-Economics-CBSE

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Case Study-National Income Accounting

Class 12

CBSE

Read the following extract and answer the following questions

India may log a growth rate of eight per cent of real Gross Domestic Product (GDP) in FY23, said the former Vice-Chairman of NITI Aayog Arvind Panagariya. “I am willing to go out on a limb on this”, he said. The Professor of Economics and Jagdish Bhagwati Professor of Indian Political Economy at Columbia University said his estimate shall be way above the highest assessed by any research organisation or government agency for the year. The RBI estimate is 7 per cent with “risks broadly balanced around this baseline path”, the Bank has noted.

The National Statistical Office shall release the GDP data for the second quarter on 30th November.

Answer the following questions

Define the term GDP

Difference between real GDP and nominal GDP

Can real GDP be more than nominal GDP and vice versa -Comment

Link of the complete article

 https://www.business-standard.com/article/economy-policy/india-may-log-8-growth-rate-in-real-gdp-in-fy23-says-arvind-panagariya-122110501271_1.html

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Contact -9899971997

Case Study -Class 09-12_Poverty_Indian Economics

 Newspaper in Education

Case Study

Class 09 - 12

Link of the article

Bogus construction workers

The above article talks about the registration of bogus construction workers and the benefit they have got in the process. It is a true example of corruption and failure of trickle down efffect

How much do you believe of it and how you can tackle these type of problems

Do comment 

Balance of Payement_Foreign Exchange_Case Study_Class 11-12_Macro Economics_CBSE

Date - 4/Aug/2022

#CBSE

#BOP

#CLASS 12

#CLASS 11

#CASE STUDY

#MACRO ECONOMICS

Link for the article-Refer to the article for answering the question

Article

Source -Hindustan Times

The message from July numbers 

Websites for reference    

https://aatmanirbharbharat.mygov.in/

It can be used to study the various schemes which can be used to develop exports for India

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https://mybs.in/2axk73t

Article by business standard

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Read the article given below followed by a discussion 

Q 1 Explain the following terms-

a)Trade deficit

b) Global Energy Prices

c) Foreign Exchange reserves

d) Macro Economy

Q 2 India export earning will continue to face headwinds-What does this mean ?

Q 3 What method do you suggest for reducing our imports and increasing exports?

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