...easing the standard of living of the members of the society. (iv) Cooperation with the government The business community should adopt a positive approach towards the policies of the government of the country. They should pay all taxes and dues in time to the gqvernment. All business activity should be carried within the legal frame work of the country.(v) Use of national resources The business sho.... More >>
Importance of business in the present day world
...roduced should reach the consumers at the right place, right time and at right price also. Business due to seif-intefest of earning profits, provides goods to the peop’e both within and outside the country. The transport industries facilitate the movement of goods from one place to another where they are wanted. Finance, banking and insurance greaUy contribute in the financing of business. Witho.... More >>
...d against any cheating or theft. Importance of cheques(i) A cheque is a convenient and safe method of making payments.(ii) Cheques facilitate transfer of funds from one place to another and from one country to another country.(iii) The use of cheques provides safety to money deposited into bank.(iv) Payment by cheque can serve the purpose of receipt also.(v) There is saving in the use of currency.... More >>
Finding the right web design india firm
... If you want to set up a business website, you are sure to need website design services. But, considering how many web design India firms are clamoring for your business. However, it is important that you choose the right website design company to ensure that you get the most out of your website. Looking For the Right Firm You have many ways of looking for the perfect Affordable website design.... More >>
...Bill of ExchangeA bill of exchange is playing an important part in the commercial life of the country. The need for it arises where the buyer Purchase goods needs a period of credit before paying it. It is drawn by the creditor and is accepted by the debtor.According to F.W. Muller, a bill of exchange is an unconditional order in writing addressed by one person to another, signed by the person giv.... More >>
...IGNOU has structured its B.Ed 2011 especially for students to make them experiences and strengthen the professional competencies of in-service teachers. To imbibe knowledge and develop an understanding of the various methods and approaches of organizing learning experiences of secondary school students. To develop skills required in selecting and organising learning experiences. To understand.... More >>
Quantity theory of money by irving fisher
...money is halved. Similarly if the quantity of money is halved the price level will behave and the value of money doubled.In Fisher’s Cash Transactions Version of Money, the general price level in a country, like the prices of commodities, is determined by the supply of and demand for money.(a) Supply of Money: The supply of money consists of the quantity of money in circulation (M) and the veloc.... More >>
Factors affecting working capital
...iness will need a greater amount of working capital. In capital intensive industries lesser amount of working capital is required.(9) Price level changes. If the prices are rising very rapidly in the country the business will require greater amount of working capital to maintain the same current assets and vice versa.(10) Rate of turnover. If in a business, the sale is faster i.e., a business has .... More >>
...The way the currency of a country is issued, managed and regulated called the monetary system of the country. Monetary standards may be of different kinds. 1. Monometallism:If one metal is the ultimate measure of value in the country standard will be metallic. If one metal is the standard that monometallism. If that metal is gold it will be called gold standard similarly if that is silver it will .... More >>
...-developed countries deficit financing may be in two forms: a) Difference between overall revenue receipts and expenditureb) Deficit financing may be equal to borrowing from the banking system of the country..... More >>
New hero honda bike price list 2011
...Hero Honda bikes are meant for all age groups and are one of the most popular bikes in India. The bikes are famous for their superior technical features and high level quality parts. Today more and more youngsters prefer Hero Honda bikes for their fuel efficient and low maintenance bikes. The Hero Honda bikes price list is also one of the reasons for the popularity of the bike and who are chu.... More >>
...by aggregate supply of goods, resulting in rise of general price level, is called Demand Pull Inflation. Demand pull inflation, to be more simple, occurs when the demand for goods and services in the country is more than their supply. The effective demand for goods increases due to many factors such as increase in money supply, increase in the demand for goods by the government, increase in the in.... More >>
Role of commercial banks in the economic development of a country
...Commercial banks play an important and active role in the economic development of a country. If the banking system in a country is effective’, efficient and disciplined, it brings about a rapid growth in the various sectors of the economy. The economic significance of commercial banks is given in brief.(1) Banks promote capital formation. The commercial banks play an important role in rising of .... More >>
...ank, the larger will be its (use) fund for employment and so higher are its profit.1. Borrowing from central bank. The commercial banks in times of emergency borrow loans from the central bank of the country. The central bank extends help as and when financial help is required by the commercial banks.2. Other sources. Bank also raise funds by issuing bonds, debentures, cash certificates etc. etc. .... More >>
...IMPORTANCE OF MONEY MARKETIf the money market is well developed and broad based in a country, it greatly helps in the economic development of a country. The central bank can use its monetary policy effectively and can bring desired changes in the economy for the industrial and commercial progress in the country. The importance of money market is given, in brief, as under:(i) Financing Industry: A .... More >>
...pplication.Receipt Date, the date your application was received by USCIS. Priority Date, is your place in the waiting list queue. This date depends on the preference category you come under and the country of birth. If your priority date is the current date, it means that a visa is immediately available.Notice Date.Type of notice, whether it is USCIS Approval or receipt.Class, what category y.... More >>
... other measures:(1) Monetary PolicyMonetary policy is a policy that influences, the economy through changes In the ‘money supply and available credit Monetary policy is adopted by central bank of a country. The various monetary measures which are used to control inflation are grouped under two heads (a) Quantitative controls (b) Qualitative controls. They are (1) Open market operations (ii) Vari.... More >>
Royal enfield india price list 2011
...Machines don’t build royalty and that’s the reason why every royal Enfield is handcrafted. However, the bike is handcrafted, the Royal Enfield Bike Price is still considerably low and hence today we will be talking about the royal Enfield bikes and their although high yet reasonable prices. When you are so riyal, you deserve a royal and lavish treatment too. Royal Enfield Electra 5s is .... More >>
Cash balance approach to the quantity
...ney.According to Cambridge economists, the demand for money as a store of wealth, which is Robertson called as ‘money on the wings’ is directly influenced by the level of people’s wealth in the country. As national income grows, the people’s desire to hold money in cash also rises and vice versa.KEY CAMBRIDGE EQUATIONSThe Cambridge economists have explained the cash balance approach to the.... More >>
Best honeymoon tourist destinations in north india
...North Indian tourism, the incredible and the perfect land for honeymoon tours that gives a sense of love and romance in the backdrop of scenic and picturesque North India that take the tourist to experience the landmarked Indian beauty in the form of beaches, archeological sites, hill stations etc. Honeymoon is the best phase of the married life where couples seek to know each other, relax in each.... More >>
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