In India, Black money refers to
funds earned on the black market, on which
income and other taxes has not been paid. Black
money leads to black liquidity which is immune
to any monetary-fiscal policy. It can move
around in the economy creating excess demand
in several vulnerable sectors of the economy. Of
particular relevance in this context is a policy
dominated by sector-wise credit rationing in
order to maintain inter-sectoral balances. The
cost of credit is one one part of such a policy. So,
in nutshell, the existence of parallel economy
erodes the effectiveness of monetary policies.
ভাষা ও ভাষার উৎপত্তি
Plasma Physics (প্লাজমা পদার্থবিদ্যা)
Laser (লেজার)
Quantum materials (কোয়ান্টাম উপকরণ)
Particle physics (কণা পদার্থবিজ্ঞান)
Optics (অপটিক্স এবং ফোটোনিক্স)