Nepal Bank Gold Tester (Kanistha Sahayak) Old Question 2082 This question set was asked on 2082/04/13 for the post of Gold Tester (Kanistha Sahayak) in the open competition. The Nepal Bank Gold Tester (Kanistha Sahayak)…
Status of Foreign Trade in Nepal Nepal’s foreign trade has increased over the years in terms of both the total trade-to-GDP ratio and in absolute value. For example, total foreign trade was around 32% of…
Isoquant and Its Properties An Isoquant is a locus of points that represents various combinations of any two inputs that give the same level of output. If capital K and labor L are two inputs…
Production Function: Technical relationship between the input and output It shows the technically efficient ways of producing the output Physical relationship between the input and output, and does not show the monetary or economically efficient…
What is an Indifference Curve? An indifference curve (IC) is the locus of a point that represents the same level of utility given by various combinations of any two commodities. An IC is an analytical…
International Economics International business theories explain why countries trade with each other and the benefits derived from such trade. These theories can be broadly categorized into classical and modern, with the former focusing on country-level advantages…
Normal Goods: Goods whose demand increases when income increases. For eg, Branded clothes, smartphones. As your income rises, you tend to buy more branded clothes. Inferior Goods:Goods whose demand decreases when income increases. For eg,…
Theories of Demand in Microeconomics In microeconomics, the theories of demand explain how consumers decide what and how much of a good or service to buy, given their income and the prices of goods. Here…
NRB Assistant Director International Law Officer Third Syllabus Updated Date: 2080/05/18 Type: Open competition Level: Officer Third Designation: Assistant Director Service: Administration Notes NRB Assistant Director Admin Officer Third Syllabus Economic Theories: Role and Assumptions Inductive and Deductive Methods in…