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The causal relationships between money, income & prices have been an active area of investigation in economics, particularly after the advent of causality concept by Granger (1969) and its application by Sims (1972). The Monetarists claim that changes in stock of money plays an important role to determine changes in nominal income and prices. Keynesians argued that changes in income cause changes in money stock via demand for money. In this book, the issues of causality between money supply, price level and income has been examined for Nepal. The annual data shows causality running from money...

In ancient times our ancestors quench their thirst for physical activity through daily hard work to earn livelihood. Now in developed modern era and as per new social structure, many people perform daily work as well as earn livelihood without wasting physical strength. Even though for appropriate mental strength it becomes necessary for everyone to do physical activity. Physical fitness is the most precious gift for the human beings. It cannot be purchased but obtain through daily appropriate physical exercises. The individual basic requirement for daily life is physical fitness. It is...