Final Accounts of Companies


























 

Comments

Post a Comment

Popular posts from this blog

  Entrepreneurial Skills Entrepreneurship is both a Challenge and a Great Opportunity. To convert challenges into opportunities & to covert opportunities into achievements, an entrepreneur needs the following qualities and skills to be successful: •         Curiosity - finding and exploring new opportunities •         Structured experimentation - Test the opportunity by conducting research & experimentation •         Adaptability •         Decisiveness •         Team Building •         Risk taking •         Comfortable with failure •         Persistence   •         Innovation •         Creative thinking ...
Read more

Evolution of FinTech in India

                                         Evolution of FinTech Sector in India Liberalization of Banks in 1992 led to the introduction of technology savvy banks in India. The government took legislative action to boost the banking system and promoted the use of new technology such as MICR, electronic fund transfer, and other electronic payments that revolutionized the banking system and in turn boosted the Indian economy. Since 1992, India’s fintech journey has been shaped by factors such as smartphone usage, internet access, regulatory support, and digital payment innovations. The phases of evolution of FinTech sector in India are listed below: Early Phase (Pre-2000s) During this phase, the banking sector in India relied on core banking solutions and IT-driven services. ATMs, NEFT, RTGS, and Electronic Clearing Services were introduced in the country. Growth...
Read more

Business Economics

Image
Business Economics By Dr. K. ChitraChellam Subject matter of economics: Economics is a social science. It deals with man and his efforts to society his wants. He may work in the office or in factory. Wherever he works, he works to earn an income. With his income, he buys goods and services to satisfy his wants. Existence of human wants is the starting point of all economic activities.             Lionel Robbins defines Economics as “Economics is the science which studies human behavior as a relationship between ends and scarce means which have alternative uses”.             “Ends” refer to wants. Wants are unlimited in number (endless). When one want is satisfied, another want crops up. Since wants are unlimited, one is compelled to choose between the more urgent wants and less urgent wants. That is why economics is called a science of choice.   ...
Read more