Vocational or Extension Education

  Human resource development, in short, means invest­ment in Human Capital. Human capital means people can act as capital assets which yield a stream of economic benefits over their working life.  An improvement in the mental capability, skill, and physical capacity of the people constitutes an increase in the human capital because this enables the … Read more

Income Method

Unveiling the Income Method: A Comprehensive Guide to Understanding and Applying This Powerful Tool The Income Method, a cornerstone of valuation analysis, provides a powerful framework for determining the intrinsic value of a business. This method, often employed by investors, analysts, and business owners alike, focuses on the future cash flows a business is expected … Read more

Political Parties and Pressure Groups

Political Parties and Elections Political parties are an established part of modern mass Democracy, and the conduct of elections in India is largely dependent on the behaviour of political parties. Although many candidates for Indian elections are independent, the winning candidates for Lok Sabha and Vidhan Sabha elections usually stand as members of political parties, … Read more

Foreign Exchange

–2/”>a >DOCTYPE html PUBLIC “-//W3C//DTD XHTML 1.0 Transitional//EN” “http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd”>   is the exchange of one currency for another or the conversion of one currency into another currency. also refers to the global market where currencies are traded virtually around the clock. transactions encompass everything from the conversion of currencies by a traveler at an airport … Read more

Tertiary Sector

The Tertiary Sector: Driving Economic Growth and Shaping Modern Society The tertiary sector, also known as the service sector, encompasses a vast array of industries that provide services rather than tangible goods. From healthcare and education to finance and tourism, the tertiary sector plays a crucial role in modern economies, driving economic growth, shaping societal … Read more

Balance of Trade

The Balance of Trade: A Vital Indicator of Economic Health The balance of trade, a fundamental concept in international economics, refers to the difference between a country’s exports and imports of goods and services over a specific period. It provides a crucial snapshot of a nation’s economic performance and its position in the global marketplace. … Read more