Thank you mam, Please explain Say's Law in short Finonomics series which is really helpful in crisp revision. Enjoyed the session today, too good questions
Hello Mahalakshmi Thanks for writing to us. Bonds, stocks etc. are financial claims and does not include directly in the productive activity. Regards, Kritika
Hello Prabhat Thanks for raising the query. Some concepts that is given in the syllabus of RBI Grade B you can practice through these sessions. But like IS LM modal that is not in the ESI of RBI Grade B so you need to do specific questions from these sessions. I hope your query is resolved. Regards, Kritika Team EduTap
Hello Ankit In income method already NDP at FC is being calculated so we have to just conert Domestoc into National. Net is same in NDP and NNP so no need to take dep. I hope your query is resolved. Regards, Kritika
@@kritikasharma7938 thanks a lot for reply but I am very sorry ma'am.still same thing is mind. For GDP calculation we have three method and when we take net factor income from abroad (NFIFA) We get GNP. For reaching at NET from GROSS, I think depreciation has to be deducted in either case be it domestic or national product. Kindly correct me ma'am if I m wrong.
Hello Ankit Ankit where you are missing out is ... When we calculate national income through Value added method and expenditure method we are calculating GDP at MP In income method the formula gives us NDP at FC. Its a trick played by this method. Now is it clear? Keep questioning until its clear ok. You need your concepts cleared for clearing the exam. Regards, Kritika Team EduTap
@@kritikasharma7938 Can you please explain why the income method (i.e by adding the incomes of all factors of Production) gives NDP instead of GDP? I understood you are not deducting Depreciation because the value we get is Net, but what I didn't understand is why we are getting Net (i.e NDP instead of GDP) in this method?
The fact that Mam addresses queries of even a newcomer student is very encouraging. Thankyou Mam
Looking forward for the next class
You are the best Economics teacher
Thank you ma'am. Really a worth session.
Nice smile in the begining of the session too.
Thanks edutap team and mam please continue this series
Excellent revision it is ..
Thank you mam ❤
Thank you mam for this session.
Nice session mam..
Thank You Maam
Thank you mam, Please explain Say's Law in short Finonomics series which is really helpful in crisp revision. Enjoyed the session today, too good questions
I wud lik to see mcqs for research stream also
Perfect teaching. 👍👍
Just be little slow so that will help in conceptual linking
Mam, Q.17, Why purchase of bonds and shares from other people and business enterprises should not be included in national income?
Hello Mahalakshmi
Thanks for writing to us.
Bonds, stocks etc. are financial claims and does not include directly in the productive activity.
Regards,
Kritika
I hope you reply mam, all of these MCQs can help in RBI GRADE B or may be different from these Questions.
Hello Prabhat
Thanks for raising the query.
Some concepts that is given in the syllabus of RBI Grade B you can practice through these sessions. But like IS LM modal that is not in the ESI of RBI Grade B so you need to do specific questions from these sessions.
I hope your query is resolved.
Regards,
Kritika
Team EduTap
Where I can find this pdf? That link given in description is not getting opened.
Please click now, the link has been updated.
"that is" :p
I think the questions are quite different from what I asked in RBI GRD B
Hello Mohit
In SEBI Grade A the syllabus is a little different from RBI so questions are also different.
Regards
Kritika
This is phase 1 or phase 2?
Hello Sourav
Integrated preparation and concept clearing was the main motive of mine.
Regards,
Kritika
Q8 it's NNP. Why don't you take depreciation in account ma'am ?? @edutap #edutap
Hello Ankit
In income method already NDP at FC is being calculated so we have to just conert Domestoc into National.
Net is same in NDP and NNP so no need to take dep.
I hope your query is resolved.
Regards,
Kritika
@@kritikasharma7938 thanks a lot for reply but I am very sorry ma'am.still same thing is mind. For GDP calculation we have three method and when we take net factor income from abroad (NFIFA) We get GNP. For reaching at NET from GROSS, I think depreciation has to be deducted in either case be it domestic or national product. Kindly correct me ma'am if I m wrong.
Hello Ankit
Ankit where you are missing out is ... When we calculate national income through Value added method and expenditure method we are calculating GDP at MP
In income method the formula gives us NDP at FC. Its a trick played by this method.
Now is it clear? Keep questioning until its clear ok. You need your concepts cleared for clearing the exam.
Regards,
Kritika
Team EduTap
@@kritikasharma7938 thanks ma'am. If possible kindly discuss this in evening fin-o-nomics series in detail.
@@kritikasharma7938 Can you please explain why the income method (i.e by adding the incomes of all factors of Production) gives NDP instead of GDP? I understood you are not deducting Depreciation because the value we get is Net, but what I didn't understand is why we are getting Net (i.e NDP instead of GDP) in this method?