The Absorption Approach to the Balance of Payments, developed by Sidney Alexander in the 1950s, defines a country’s trade balance as the difference between total national income (Y) and total domestic expenditure (A, or absorption).…
Demand Curve = Price and Quantity Relation A demand curve shows the relationship between price and quantity demanded of a commodity, other things remaining the same. Such a relationship is derived generally by keeping the…
Nepal’s economy has been converted to the remittance based economy where remittance specially the foreign remittance, has been the lifeblood of the economy at boththe household and macro levels. In the household economy, remittance has…
Foreign Investment and Economic Diplomacy Economic diplomacy has been an integral component of Nepalese Foreign Policy after the reorientation of foreign policy in the 1990s. Since then, Nepal has emphasized the economic benefits of extending…
There is no single specific theory of underdevelopment. However, there are different theories, under different names, that have tried to explain the persistent underdevelopment of low-income countries worldwide. Such theories are known as Neo-Marxist theory,…
Basel is the name of a city in Switzerland. It is a set of standards for supervisory regulations for banks developed internationally to maintain financial stability, capital management, risk control, and supervision. The Basel Committee…
Notice for Filling Online Application Form (Date: 2083/03/19 B.S.) The government-owned Rastriya Banijya Bank has invited applications through open competition for the permanent recruitment of 142 employees across various levels. With the concurrence of the…
Notice for Application for Open and Inclusive Competitive Examination (Notice Publication Date: 2082/11/01 B.S.) As per the annual strategy and budget of the fiscal year 2082/83, and with the approval received from the Public Service…
Topic – Economy, Trade & Industry 1) Which of the following countries grows the largest amount of jute? India Bangladesh Sri Lanka Nepal Check the ranking 2) Poverty Alleviation Fund (PAF) was established in Nepal…