Business and Commercial Knowledge

Organisation meaning An organisation meaning is a place where all the people work towards set goals and targets. An organisation is a group of personnel who try to achieve defined goals. It can also be defined as a system formed by all formal relationships between personnel. An organisation makes sure that the work is distributed […]

Introduction:  There are different types of business which we encounter each day. The needs of the consumers are met by providing various services and products. Products produced or provided by the business are tangible items, Eg: Groceries, Electrical equipment. Services offered by the business are intangible items, Eg: Services provided by doctors, lawyers, chefs.  The

What is NABARD? NABARD is the National Bank for Agriculture and Rural Development, which has been recently declared independent from RBI. NABARD, established in the year 1982, holds the purpose of bringing about economic and social prosperity in rural India. It is one of the most crucial rural credit systems in the country. It fell

The business environment is a significant component of any business as it is to be considered for making the right decision at the right time. It also enables a business to be competitive in the industry and grow, prosper and thrive. This environment is the set of external influences over which the company has little

New investors are very excited to enter the market but have very limited knowledge about the same. Individuals are often confused with difficult jargon and concepts. Various multimedia channels use stock market terminology to explain the current market. It is beneficial for beginners to know them for easy understanding. Some individuals are not beginners but

The business’s success is determined by a variety of internal and external factors. For instance, the employees, Managers,  the Capital of the company are under the control of the Entrepreneur, but we are aware of the fact that certain external factors contribute to the functioning of the business. So these external factors are like government

INTRODUCTION:  The success of the business is determined by a variety of internal and external factors. For instance, the employees, Managers, and amount of capital in the company are under the control of the Entrepreneur; but we are aware of the fact that there are certain external factors that contribute to the functioning of the

Intermediaries An Overview: Intermediaries  The term “intermediary” came into use in the late seventeenth century in the context of commerce, especially international trade and finance. The word is derived from the French word for “go-between,” which originally meant a person or organization that used to transfer funds between parties.  In other words, an intermediary can

Introduction: The Indian economy is growing with a robust financial system and functionality. The stringent regulations are one of the reasons for such elevation in the economic platform. The categorized bodies hold variable responsibilities for financial activities. The regulatory bodies in the India system keep an eye-check on the proper functioning and report any financial scam. For

Do you want to work in the insurance industry? If so, you’ll need to know about the IRDAI. The Insurance Regulatory and Development Authority of India (IRDAI) is a government agency that regulates the Indian insurance industry. It was established in 1999 under the IRDAI Act. The IRDAI is responsible for issuing licenses to insurers,