Human Rights Commission

 Human Rights Commission Establishment of Human Right Commission The National Human Rights Commission is a statutory (and not a constitutional) body. It was established in 1993 under a legislation enacted by the Parliament, namely, The Protection Of Human Rights Act, 1993. This Act was amended in 2006. The commission is the watchdog of … Read more

Working Principle And Use Of Generator

–2/”>a >DOCTYPE html PUBLIC “-//W3C//DTD XHTML 1.0 Transitional//EN” “http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd”> Generator is a machine that converts mechanical energy into electrical energy. It works based on principle of faraday law of electromagnetic induction. The faradays law states that whenever a conductor is placed in a varying Magnetic Field, EMF is induced and this induced EMF is equal … Read more

Quick Revision: Audit and accounting

Audit and accounting: Auditing is defined as the systematic and independent assessment and examination of data, statement, records, operations and performance, financial or otherwise of an enterprise.   Objectives of Auditing: PRIMARY OBJECTIVE Examining the system of Internal check Checking arithmetical accuracy of books of accounts Verifying the authenticity and validity of transactions. Checking the … Read more

Quick Revision: Basics Of Working Capital Management

Basics Of WORKING CAPITAL Management:     Working Capital Any firm, from time to time, employs its short term assets as well as short term financing sources to carry out its day to day business. It is this management of such assets as well as liabilities which is described as working capital management. OR Working … Read more

Capital Structure

CAPITAL STRUCTURE The financial requirement of a firm can be met through ownership capital and/or borrowed capital. The ownership capital refers to the amount of capital contributed by the owners. In case of a company, it refers to the amount of funds raised by issuing Shares. The main characteristic of the ownership capital is that … Read more

WORKING CAPITAL

  Meaning of Working Capital Every business needs funds for two purposes for its establishment and to carry out its day-to-day operations. Capital required for a business can be classified under two main categories viz. (i) Fixed capital (ii) Working capital. Long-term funds are required to create production facilities through purchase of fixed assets such … Read more

Public Service

Concept Of Public Service Public service is a service which is provided by government to people living within its jurisdiction, either directly (through the public sector) or by financing provision of Services. The term is associated with a social consensus (usually expressed through democratic Elections) that certain services should be available to all, regardless of … Read more

Changing Trends In Employment And Necessity For New Labour Laws

  JOB CREATION   As outlined in the NITI Aayog’s Action Agenda, India suffers more from the problem of underemployment (i.e. low-productivity, low-wage jobs) than Unemployment as for example: In 2011-12, agriculture engaged nearly 50% of the workforce but contributed 15% to GDP In 2010-11, within manufacturing, small firms employed 72% but output was only … Read more

Peasant Movements-

Three important peasant movements of the early twentieth century: Kisan Sabha and Eka movements in Avadh in UP Mappila rebellion in Malabar Bardoli Satyagrah in Gujarat The UP Kisan Sabha was set up in February 1918 through the efforts of Gauri Shankar Mishra and Indra Narain Dwivedi with the support of Madan Mohan Malviya. By … Read more

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