Role of Commercial Banks

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

PROFIT & LOSS

Profit and loss   IMPORTANT FACTS Cost Price: The price, at which an ARTICLE is purchased, is called its cost price, abbreviated as C.P.   Selling Price: The price, at which an article is sold, is called its selling prices, abbreviated as S.P.   Profit or Gain: If S.P. is greater than C.P., the seller is said to have … Read more

Services

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

Code Of Conduct

Code Of Conduct Civil servants have special obligations because they are responsible for managing Resources entrusted to them by the community, because they provide and deliver Services to the community and because they take important decisions that aff ect all aspects of a community’s life. Th ecommunity has a right to expect that the civil … Read more

Goods and Services Tax — GST

What is GST? Goods and Services Tax — GST — is a comprehensive tax levy on manufacture, sale and consumption of goods and services at a national level. Read moreGoods and Services Tax — GST

Miscellaneous Facts:

  1.The Marathas were Scindia (Gwalior), Holkar (Indore), Gaekwar (Baroda), Bhonsle (Nagpur).   2.Sawai Jai Singh of Amer (Jaipur) had Euclid’s ‘Elements of Geometry) & several works on Trigonometry were translated into Sanskrit. Banda Bairagi was baptised as Banda Singh Bahadur by Guru Gobind Singh.   3.Alfonso d’ Albuquerque came to India as The Portuguese … Read more

Disaster Management

Disaster Management History shows that India is exposed to national disasters. INFRASTRUCTURE; and other efforts to make the community more resilient to a catastrophic event. Preparedness Preparedness focuses on understanding how a disaster might impact the community and how education, outreach and training can build capacity to respond to and recover from a disaster. This … Read more

SUCCESSION

  a universal process of directional change in vegetation, on an ecological time scale. occurs when a series of communities replace one another due to large scale destruction either natural or manmade. continously -one community replacing another community, until a stable, mature community develops. The first plant to colonise an area is called the pioneer … Read more

Niche

  Niche:- a  description  of  all  the  biological,  physical  and  chemical  factors  that  a  species needs to survive, stay healthy and reproduce. No two species have exact identical niches. Niche plays an important role in conservation of organisms. Types of Niche Habitat niche – where it lives Food niche – what is eats or decomposes … Read more