Notes and Study material for Exams
rawan239Four Modes of Services under GATT Mode 1 Cross border trade, which is defined as delivery of a service from the territory of one country into the territory of other country; Mode 2 Consumption abroad – this mode covers supply of a service of one country to the service consumer of any … Read more
Direct & Indirect Taxes Direct Tax Indirect Tax Corporation Tax Excise Duties Income tax Service Tax Interest Tax Central Value Added Tax (Vat) Expenditure Tax Sales Tax Wealth tax Property Tax Gift Tax … Read more
Components of
Organizations & Their Survey/Reports 1. World Economic & Social Survey U. N 2. World Investment Report UNCTAD 3. Global Competitiveness Report World Economic Forum 4. World Economic Outlook IMF 5. Business Competitive Index World Economic Forum 6. Green Index World Bank 7. Business Confidence Index NCAER 8. POVERTY Ratio Planning Commission 9. Economic Survey Ministry … Read more
Millenium Development Goals 1. Eradicate extreme POVERTY and hunger 2. Achieve universal primary Education 3. Promote INFRASTRUCTURE Reduced inequalities Sustainable cities and communities Responsible consumption and production Climate action Life below water Life on land Peace, Justice and strong institutions Partnerships for the goals The SDGs are a ambitious agenda, but they are essential to … Read more
Role of Commercial Banks A Commercial bank is a type of financial institution that provides Services such as accepting deposits, making business loans, and offering basic Investment products There is acute shortage of capital. People lack initiative and enterprise. Means of transport are undeveloped. Industry is depressed. The commercial banks help in overcoming these obstacles and promoting … Read more
Public Finance Public finance is the study of the role of the government in the economy. It is the branch of economics which assesses the government revenue and government expenditure of the public authorities and the adjustment of one or the other to achieve desirable effects and avoid undesirable ones. It includes the study of … Read more
Tax Reforms in India Sience 1990 ie the Chief Justice of India The Supreme Court of India is the highest court in India. It has: (a) One Chief Justice and 25 other judges (b) One Chief Justice and 30 other judges (c) One Chief Justice and 35 other judges (d) One Chief Justice and 40 … Read more
Budgeting Budgeting is the process of estimating the availability of Resources and then allocating them to various activities of an organization according to a pre-determined priority. In most cases, approval of a budget also means the approval to various spending units to utilize the allocated resources. Budgeting plays a criucial role in the socio-Economic Development … Read more