Econometrics

What is Econometrics?

Literally interpreted, Econometrics means “economic measurement.” Econometrics is the integration of economic theory, mathematics, and statistical techniques...

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Pareto Efficiency

Briefly discuss the concept of Pareto efficiency. Pareto efficiency, or Pareto optimality, is an economic state where resources cannot be reallocated to make...

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Functions Of Commercial Banks

Q. Write down the functions of commercial banks. Ans. The main functions of commercial banks are: Receiving of Deposits: Advancing loans: Collection &...