Notes and Study material for Exams
DECISION MAKING under uncertainty The area of choice under uncertainty represents the heart of decision theory. Known from the 17th century (Blaise Pascal invoked it in his famous wager, which is contained in his Pensées, published in 1670), the idea of expected value is that, when faced with a number of actions, each of which could give rise … Read more
The Current Account Deficit: A Tale of Two Sides The current account deficit (CAD) is a key economic indicator that reflects a nation’s financial health and its position in the global economy. It represents the difference between a country’s total earnings from exports and its total spending on imports. A deficit arises when a country … Read more
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
Balance of Payments is a systematic record of all economic transactions undertaken by residents of one country i.e. households, firms and the government with their counterparts in rest of the world. It consists of: 1. Current Account, 2. Capital Account and 3. Reserve Account. The Current Account covers transactions in goods and Services and transfers … 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
Tissue culture Tissue culture, a method of biological research in which fragments of tissue from an animal or plant are transferred to an artificial Environment in which they can continue to survive and function. The cultured tissue may consist of a single cell, a Population of cells, or a whole or part of … Read more
The Backbone of the Economy: A Deep Dive into Commercial Banks Commercial banks are the lifeblood of modern economies, facilitating the flow of money, providing essential financial services, and playing a crucial role in economic growth and stability. This article delves into the intricate world of commercial banks, exploring their functions, structure, key services, and … Read more
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
Short Selling: A High-Risk, High-Reward Strategy in the Stock Market Short selling is a controversial yet potentially lucrative investment strategy that involves borrowing shares of a company and immediately selling them in the market. The goal is to buy back the shares at a lower price later, pocketing the difference. While it offers the potential … Read more