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What is NABARD and is functions?
NABARD stands for National Bank for Agriculture and Rural Development. It's main functions are sending banks money to refinance what the IRDP ( Integrated Rural Development Programme) lends out to those generating self employment opportunities.
What important of large business user?
Large businesses have a significant impact on economies, employment, innovation, and societal development. They often play crucial roles in various aspects: Economic Impact: Large businesses contribute significantly to a country's economy by generating substantial revenue, paying taxes, and contributing to GDP growth. Employment Opportunities: They create numerous job opportunities, offering employment to a large workforce across different sectors and skill levels.
What is Production Opportunities?
The investment opportunities in productive (cash-generating) assets.
What hemisphere is responsible for generating most of the worlds research and development?
Western
What are the purposes of business enterprise?
The purposes of a business enterprise include generating profit, providing goods and services to meet consumer needs, and creating employment opportunities. Additionally, businesses contribute to economic growth and innovation by fostering competition and improving efficiency. They also play a role in social responsibility, addressing environmental concerns and supporting community development. Ultimately, a successful business balances profitability with ethical practices and stakeholder interests.
Which is the best source of generating electricity in India from the viewpoint of sustainable development?
Hydro electricity
Is there oil production in Newfoundland?
Yes, Newfoundland has oil production, primarily from the offshore oil fields in the North Atlantic. The Hibernia, Terra Nova, and Hebron projects are significant contributors to the province's oil output. These offshore operations have been a key part of Newfoundland's economy, generating substantial revenue and employment opportunities.
What are the benefits of natural resources to the economy?
Natural resources play a crucial role in boosting the economy by providing raw materials for industries, generating employment opportunities, and contributing to exports. They can enhance energy security and lower production costs, fostering economic growth and innovation. Additionally, the sustainable management of these resources can lead to long-term environmental benefits, supporting a balanced and resilient economy. Overall, effective utilization of natural resources can drive development and improve the quality of life for communities.
What is the purpose of primary industry?
1.Creats employment 2.provides rawmaterials for the secondary firms 3facilitates trade hence generating foreign currency
How does business help the economy?
Business help the economy by generating revenue. There is also creation of employment which means that more people are able to get an income which boosts the economy.
Why is international trade important to Malaysia?
International trade is crucial to Malaysia's economy as it contributes significantly to the country's GDP and employment opportunities. The nation relies on exports of commodities like palm oil, electronics, and natural gas, which are vital for generating revenue and foreign exchange. Additionally, trade fosters economic diversification and enhances Malaysia's integration into the global market, attracting foreign investment and driving innovation. Overall, maintaining robust international trade relations is essential for Malaysia's sustainable economic growth and development.
As of 2001 how many free trade zones were there in the Dominican Republic?
As of 2001, the Dominican Republic had approximately 50 free trade zones. These zones were established to promote economic growth by attracting foreign investment and generating employment opportunities. The free trade zones primarily focused on manufacturing and export-oriented activities, contributing significantly to the country's economy.
