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History of Polymer Note in Nepal

History of Polymer Notes in Nepal In B.S. 2059 (A.D. 2002), Nepal Rastra Bank introduced 50 million pieces of a 10-rupee polymer banknote into the market for the first time. The note was issued on… 

Sadar Mulukikhana – First Institution to Print Banknotes in Nepal

सदर मुलुकीखानाको इतिहास वि.सं. १९९० बैशाख ७ मा गठन भएको राणाकालीन प्रशासनमा केन्द्रिय बैङ्कको काम गर्ने निकायलाई सदर मुलुकी खाना भनिन्थ्यो । मुलुकी खानाको राजस्वको निकासी कौसी तोषाखानाबाट गरिन्थ्यो । नेपालमा पहिलो पटक वि.सं. २००२… 

Salary Scale of Government Teachers in Nepal

Here is the salary scale of government teachers, ranking from secondary first class to primary level third class. This salary range has been updated after the budget speech 2083/84. The government has increased the salaries… 

Marginal Productivity Theory

Before understanding the marginal productivity theory, first know what the theory of distribution. This is the neo-classical theory of distribution, which argues that the price of any input depends on its marginal productivity. Marginal productivity… 

Theories of Distribution

In economics, theories of distribution explain how an economy’s total wealth or national income is divided among individuals (personal distribution) and among the factors of production (functional distribution). Functional distribution focuses on the rewards paid… 

What is Deadweight Loss in Economics?

Deadweight loss is defined as the loss in social welfare due to inefficiencies of the market. The market is inefficient due to government intervention and market imperfections. It is a loss in social welfare due…