Notes and Study material for Exams
Cost of Capital, Concept Of Wealth Maximisation, Long Term Vs Short Term Finance, Capital Structure Cost of capital: According to I M Pandy, Cost of capital is the DISCOUNT rate used in evaluating the desirability of the Investment project. The cost of capital is the minimum rate of return which will maintain … Read more
Inflation & Control Mechanism Inflation is a sustained increase in the general price level of goods and Services in an economy over a period of time. When the price level rises, each unit of currency buys fewer goods and services.It is the Percentage change in the value of the Wholesale Price Index (WPI) on a year-on … Read more
Mahatma Gandhi’s principle of “enoughness” in his saying “the earth provides enough to satisfy every persons need but not for every person’s greed” According to World Commission on Environment and Development, Our Common Future (1987) , Sustainable Development is development that meets the needs of the present without compromising the ability of future generations to … Read more