Trusted by Students Everywhere
Why Choose Us?
0% AI Guarantee

Human-written only.

24/7 Support

Anytime, anywhere.

Plagiarism Free

100% Original.

Expert Tutors

Masters & PhDs.

100% Confidential

Your privacy matters.

On-Time Delivery

Never miss a deadline.

How will Jan Dhan Yojana impact macroeconomic indicators?

Economics Dec 15, 2020

How will Jan Dhan Yojana impact macroeconomic indicators?

Expert Solution

Jan Dhan Yojana will impact macroeconomic indicators positively.

Macroeconomics involves the study of how the limited resources are utilized by a whole economy in production of goods and services for consumption. Economies can be those of state or even the world. The overall decisions concerning the economic factors affecting the whole economy are made. The macroeconomic factors affecting the state include the total national earning, the rate of employment, inflation and deflation rates and the total worth of the goods and services produced in the state among others.

Jan Dhan Yojana is concerned with the unfair distribution of financial credit. He argues that the rich has been accessing those services while the poor are suffering. His major focus is the encouragement of financial inclusion. Financial inclusion will enhance careful use of financial credit and higher access of the financial credit by all classes of people. As a result, the economic growth will be boosted in the long run.This indicates a positive impact on macroeconomic indicators.

Archived Solution
Unlocked Solution

You have full access to this solution. To save a copy with all formatting and attachments, use the button below.

Already a member? Sign In
Important Note: This solution is from our archive and has been purchased by others. Submitting it as-is may trigger plagiarism detection. Use it for reference only.

For ready-to-submit work, please order a fresh solution below.

Or get 100% fresh solution
Get Custom Quote
Secure Payment