Notes and Study material for Exams
Understanding Factor Cost: A Deep Dive into the Economics of Production The cost of production is a fundamental concept in economics, shaping everything from pricing strategies to government policy. While we often think of prices in terms of what consumers pay, economists use a more nuanced approach to understand the true cost of producing goods … Read more
Understanding Basic Prices: A Comprehensive Guide for Businesses In the complex world of international trade, understanding pricing structures is crucial for businesses to navigate the global market effectively. One fundamental concept that forms the foundation of international trade pricing is the Basic Price. This article delves into the intricacies of Basic Prices, providing a comprehensive … Read more
The Global Positioning System consists of 24 satellites, that circle the globe once every 12 hours, to provide worldwide position, time and velocity information. GPS makes it possible to precisely identify locations on the earth by measuring distance from the satellites. GPS allows you to record or create locations from places on the earth and … Read more
[su_heading size=”21″]Types of Industries[/su_heading] Based on the value addition and tangibility broadly we can have three types of industries – primary industries,secondary industries and tertiary industries. Primary industries are usually very simple industries involving processing of raw materials to give input goods for secondary industries. Here value addition is usually minimal and they are … Read more
COST OF CAPITAL The primary meaning of cost of capital is simply the cost an entity must pay to raise funds. The term can refer, for instance, to the financing cost (interest rate) a company pays when securing a loan. In other words, Cost of capital refers to the opportunity cost of making a specific Investment. It is the rate … Read more
The expenditure method is a way of measuring GDP that focuses on the spending of money. It is one of the two main methods of measuring GDP, the other being the income method. The expenditure method measures GDP by adding up the following categories of spending: Consumption spending: This is the spending of households on … Read more
Universal basic income (UBI) is a model for providing all citizens of a country or other geographic area with a given sum of Money, regardless of their income, Resources or EMPLOYMENT status. The purpose of the UBI is to prevent or reduce POVERTY and increase Equality among citizens. It is one of the kind of … Read more
Energy Management in Operational Functions Energy is an integral part of today‟s modern life. It has become the blood of our day to day life. But it is not free. It comes at a monetary price but more than that it comes at Environment cost too. It is very difficult to think about our modern … Read more
Pipes and Cistern Inlet: A pipe connected with a tank or a cistern or a reservoir, that fills it, is known as an inlet. Outlet: A pipe connected with a tank or cistern or reservoir, emptying it, is known as an outlet. If a pipe can fill a tank in xhours, then: … Read more
Issues Of Finance, ownership, operation and maintenance of all kinds of Foreign Direct Investment under automatic route in the construction development sector. High capital intensity, low operating cost, higher gestation period, near absent risk mitigation measures, difficulties in getting Environment clearance, inability to generate direct adequate income streams to selffinance are some of the challenges … Read more