Posts

Top 15 Industrial Sickness Related MCQS Questions along with answers.

Image
 1.Industrial sickness contributes to ______cost economy. A. High B. medium C. Average D. Low Answer-A 2.Industrial Sickness Concerns_____. A. Government B. Employees C. Bankers D. All of these Answer-D 3.____amongst the following is an internal cause of industrial sickness. A. recession B. ineffective sales promotion C. changes in customer’s demand D. changes in government policies. Answer-B 4. An industrial unit is considered sick when its financial position is ____. A. good B. satisfactory C. not satisfactory D. none of the above Answer-C 5.Which of the following is not an internal factors of industrial sickness? A. Shortage of power B. Mismanagement C. Diversion of funds D. Excessive overheads Answer-A 6. Born sickness is the sickness since____ of the organization. A. inception B. end C. termination D. middle Answer-A 7.The Government policy for sick industrial units aims at____ A. revival B. reconstruction C. rehabilitation D. all of these Answer-D 8.Which of the following is not
Post a Comment
Read more

Role and Functions of Reserve Bank Of India (RBI)

Image
  Reserve Bank of India (RBI) is the central bank of India entrusted with a multidimensional role which includes implementation of monetary policy and maintaining monetary stability in the country. RBI was established on 1st April 1935 under the Reserve Bank of India Act, 1934. RBI was set up after the recommendations of Hilton young Commission which had submitted its report in the year 1926. Later on, in 1931 the Indian Central banking enquiry committee had also recommended for the establishment of the central bank in India. Initially, Reserve Bank of India was established as a private shareholders bank, but it was nationalized after independence in the year 1949 through the Reserve Bank (Transfer of public ownership) act, 1948. Functions of RBI Primary or Traditional Functions of RBI NOTE ISSUING AUTHORITY BANKER TO THE GOVERNMENT BANKER’S BANK LENDER OF THE LAST RESORT CREDIT CONTROL CUSTODIAN OF FOREIGN EXCHANGE RESERVE COLLECTION OF DATA AND PUBLICATION NOTE ISSUING AUTHORITY    
Post a Comment
Read more

How do we use Google drive? What are it's uses?

Image
  Google Drive is an online files storage service that gives you 15GB of cloud storage for free. Storage gets used by Google Drive, Gmail, and Google Photos, so you can store files, save your email attachments, and back up photos and videos. For more than 15 GB, you can upgrade the Google one. The Google Drive is used for syncing files between your Google drive online and your computer. It also allows you to share files, documents online through your pc file system by right clicking on a document in your pc Google drive folder. Here are the top benefits that Google can give you should you choose to make it your primary cloud-based storage service: It has a 15 cloud GB storage that you can use. As mentioned above, it lets you create Documents, Spread Sheets, and PowerPoint Presentation. You do not have t worry about always pressing Ctrl+S because it automatically saves your progress but still allows you flexibility by letting you undo and restore previous versions of the file should you
Post a Comment
Read more

Universal Banking : Meaning / Introduction Advantages and Disadvantages

Image
Universal Banking : Meaning / Introduction Advantages and  Disadvantages 
Post a Comment
Read more

What is factoring?definition,types & procedure.

Image
Factoring is a financing arrangement that is typically used by small and medium-sized businesses to help them maintain a steady cash flow. As every business owner understands, cash flow is important to ensure the successful, continuous operation of their business. This is why it’s important to know the different types of factoring. In general, factoring means a company is turning over their invoices to a third party in return for receiving a portion of those invoices in cash within a few business days. Primarily, there are two types of factoring, recourse factoring and non-recourse factoring. Definition A financing method in which a business owner sells accounts receivable at a discount to a third -party funding source to raise capital. Types of Factoring Recourse and Non-recourse Factoring : In this type of arrangement, the financial institution, can resort to the firm, when the debts are not recoverable. So, the credit risk associated with the trade debts are not assumed by the facto
1 comment
Read more