Economy

The organised sector is characterized by regular terms of employment, mandatory registration with the government, and mandatory adherence to laws and rules like the Minimum Wages Act. The unorganised sector is characterized by a lack of government control, non-adherence to rules and regulations, and unsecured employment. Many organized sector firms trespass into the unorganized setup […]

The reserve bank of India is India’s largest bank and is also known as a banker’s bank and is regulated by the government of India. The policies are made to better public banking, business-friendly schemes and societal development, and the up-lifting of weaker sections of society. The formation of policies faces recent changes in RBI’s

Development is a process that accounts for generating ideas/aspirations/dreams about various goals and laying down the methods to realize them. Development is Goal-oriented Developmental goals vary from person to person and nation to nation At times developmental goals of people may even be conflicting For example, Industrialists may want more dams to get electricity, but

Depreciation is also pertained to as “Capital Consumption Allowance” which represents the quantum of capital that would be needed to replace those depreciated assets. It can also be defined as the measure of the exhaustion of the effective life of an asset from any cause during a given period It is the permanent decline in

Foreign Trade: India has been considered a vital trading country for several years Restrictive colonial policies of commodity production, trade, and tariff adversely affected the structure, composition, and volume of India’s foreign trade Thus, India became an exporter of essential items like crude silk, cotton, fleece, sugar, indigo, jute, and so forth and an importer

Some of the demographic indicators of India, China and Pakistan are summarized herein below: Comparison of Demographic Indicators: The population of Pakistan is quite small as compared to the population of China or India. It’s roughly about one-tenth of the latter two Though China is the larger nation and geographically occupies the most areas among

It is a virtual or digital currency that is created, stored, and transacted using blockchain technology. The word ‘Cryptocurrency’ is derived from an encryption technique known as cryptography. It is used to secure the decentralised network. The most important characteristic of Cryptocurrency is that it is not controlled by any central authority (like the central

Terms of Credit: Terms of credit are the loan agreement between the lender and the borrower, it can differ depending on the nature of the lender and the borrower Interest rate, insurance, documentation prerequisite, and the reimbursement method together include what is known as the terms of credit For every loan granted, the lender demands

Consumer rights refer to a consumer’s right to safety, to be informed, to choose and to seek redressal, concerning their products when they make a purchase. The Consumer in the Marketplace People participate both as consumer as well as producer in the marketplace, while acting as a consumer they may be vulnerable to certain exploitative