Important Economics Notes – Part 1

By | September 15, 2016
  • Indian 1000 rupees note paper is now manufactured in India.
  • Full form of CCEA is Cabinet Committee on Economic Affairs. (Economic decisions are taken by this committee).
  • The Central Statistics Organisation (CSO) of India is responsible for coordination of statistical activities in India, and evolving and maintaining statistical standards.
  • The green economy is defined as an economy that aims at reducing environmental risks and ecological scarcities, and that aims for sustainable development without degrading the environment.
  • Kerala has the highest rate of literacy in India.
  • Bihar has the lowest rate of literacy in India.
  • SENSEX is the Share Price Index of Mumbai Stock Exchange.
  • A progressive tax is a tax in which the tax rate increases as the taxable amount increases.

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