Notes and Study material for Exams
The Titans of Finance: A Deep Dive into Investment Banks Investment banks are the powerhouses of the financial world, playing a crucial role in facilitating capital flows, driving economic growth, and shaping global markets. They act as intermediaries between companies and investors, providing a wide range of services that are essential for businesses to thrive. … Read more
Code of ethics Ethics codes are as old as antiquity. Religious traditions and civic cultures have codes as their foundations. The Mosaic Decalogue (Ten Commandments) is the keystone for Judaism, Islam and Christianity. Pericles made the Athenian code the underpinning of ancient Greek politics and culture. In each case codes carry general obligations and admonitions, … Read more
MATHEMATICS AND QUATITUATIVE Aptitude – SIMPLE INTEREST Introduction Money is not free and it costs to borrow the money. Normally, the borrower has to pay an extra amount in addition to the amount he had borrowed. i.e, to repay the loan, the borrower has to pay the sum borrowed and the interest. Lender … Read more
Current Status It is the largest and fastest growing sector globally contributing to the global output and employing more people than any other sector Why has services sector grown? Increase in Urbanisation, privatisation and more demand for intermediate and final consumer services Availability of quality services is vital for the well being of the economy … Read more
Understanding Revenue Receipts: A Comprehensive Guide Revenue receipts are the lifeblood of any government, providing the financial resources necessary to fund public services, infrastructure development, and social welfare programs. Understanding the nature, sources, and significance of revenue receipts is crucial for informed citizens and policymakers alike. This article delves into the world of revenue receipts, … Read more
An internal control is a procedure or policy put in place by management to safeguard assets, promote accountability, increase efficiency, and stop fraudulent behaviour. In other words, an internal control is a process put in place to prevent employees from stealing assets or committing fraud. An internal control is a business practice, policy or … Read more
The Symphony of Finance: Exploring the World of Financial Markets The world of finance, often perceived as a complex and daunting realm, is in reality a vibrant ecosystem of interconnected markets, each playing a crucial role in the global economy. These markets, collectively known as financial markets, act as the lifeblood of businesses, governments, and … Read more
The Power of Production: Understanding GVA at Basic Prices Gross Value Added (GVA) is a fundamental measure in economics, reflecting the value created by an industry or sector within a specific period. It represents the contribution of that industry to the overall economy, providing insights into its productivity and growth potential. While GVA can be … Read more
The Financial Landscape of Gram Panchayats: A Vital but Often Overlooked Pillar of Rural Development Gram Panchayats, the smallest units of local self-governance in India, play a crucial role in delivering essential services and fostering development in rural areas. Their financial health is directly linked to their ability to effectively address the needs of their … Read more
Audit and accounting: Auditing is defined as the systematic and independent assessment and examination of data, statement, records, operations and performance, financial or otherwise of an enterprise. Objectives of Auditing: PRIMARY OBJECTIVE Examining the system of Internal check Checking arithmetical accuracy of books of accounts Verifying the authenticity and validity of transactions. Checking the … Read more