Syllabus of the Preliminary Qualification Examination (Sangathit Sanstha) for the Open Competitive Written Examination for the post of Non-Technical Officer Third Class, Section Officer or equivalent, Sixth Level or Seventh Level or equivalent in Organised…
Bank and Financial Institutions Act, 2073 (BAFIA 2073) is an umbrella law in Nepal that regulates the establishment, operation, management, and supervision of banks and financial institutions. Objectives of BAFIA 2073 To regulate the establishment…
The Electronic Transactions Act 2063 (ETA 2063) is a law of Nepal enacted in 2063 B.S. (2006 A.D.) to regulate electronic transactions, digital records, electronic commerce, and cyber crimes. It provides legal recognition to electronic…
The Payment and Settlement Act, 2075, is a law enacted by the Government of Nepal to regulate and manage payment systems and settlement systems in the country. It provides the legal framework for the operation,…
Banking offences as per the BOPA 2064 Latest amendment – 2082 There are 14 banking offences described by the Banking Offences and Punishment Act 2064 Section 3: Opening of an unauthorised bank account and demand…
There are three broad schools of thought to explain the role of the government in the economy: the classical or liberal school, the Marxist school, and the Keynesian school. The classical school advocates a limited…
The effectiveness of the macro policies, such as fiscal policy and monetary policy, depends on the slope or shape of the IS and LM curves. It means the same fiscal and monetary policy may have…
#Effect of change in the government expenditure (ΔG): If there is a change in government expenditure, it affects the economy’s equilibrium income and interest rate. For example, an increase in government expenditure increases AD and…
If Aggregate Demand < Aggregate Supply = Price fall Recession/Depression If Aggregate Demand > Aggregate Supply = Price rises = Hyperinflation If AD = AS, then optimim price level is constant to full employment equilibrium.…