“The Knowledge Library”

Knowledge for All, without Barriers…

An Initiative by: Kausik Chakraborty.

“The Knowledge Library”

Knowledge for All, without Barriers……….
An Initiative by: Kausik Chakraborty.

The Knowledge Library

Economics

CIRCULAR ECONOMY

The circular economy is an economic model that aims to eliminate waste and promote the sustainable use of resources by keeping products, materials, and resources

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Blue Economy

What is Blue Economy? Blue Economy is defined by the World Bank as the Sustainable use of ocean resources for economic growth, improved livelihoods, and

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Finance Bill

A Finance Bill is a proposed legislation that is introduced by the government to implement the financial proposals of the Union Budget for the upcoming

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Liquid Assets

Liquid Assets: Definition If an asset is easy to sell or convert into cash without any loss in its value it is said to be

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Intermediate Goods

Introduction Intermediate goods are important intermediaries in the production process and hence they are very important in nature. These goods change or create new goods

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Investment

What is an Investment and How it Works? Investment refers to an asset or item for earning income or appreciation in the future. Appreciation refers

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Issue of Debentures

What is a Debenture? A debenture is a form of corporate debt that is not supported by collateral. Therefore, companies do not have to pledge

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Issue of Shares

What is the Issue of Shares? The issue of shares is the way to allocate new shares to the shareholders. Shareholders may be either individuals

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Kinds of Companies

Introduction Depending on various factors, companies may be classified into various categories. These factors may include liabilities, member count, parameters of holding, or control among

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Large Scale Industries

What is meant by Industries? Businesses can range from sole proprietor enterprise to big corporation that employs thousands of workers across multiple countries. Depending on

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Dissolution of A Firm

Introduction When the relationship between all the partners of the firm is terminated then it is called the dissolution of the firm. After the dissolution

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Fiscal Deficit

Introduction Governments have both earning and spending as their responsibilities. Therefore, they earn revenues and spend money on public projects, such as infrastructure, education, and

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Gaining Ratio

What is Gaining Ratio? Gaining ratio is a term related to partnership firms. When a partner of a partnership firm retires, the remaining partners need to

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Banking Terminology

Demand Liabilities They are liabilities which are payable on demand. For example: Current Deposits, Savings bank deposits, Balances in overdue fixed deposits, Outstanding TTs, MTs,

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Reserve Bank of India

Important Information: Reserve Bank of India RBI and Currency related information The Reserve Bank of India was set up on the basis of the recommendations

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Union Budget

Definition of Union Budget In simple words, the Union Budget, also known as the Annual Financial Statement according to Article 112 of the Constitution of India,

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Capital Budgeting

The major role of financial management is the selection of the most gainful assortment of capital investments and it is a vital area of decision-making

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Fund Flow Analysis

The notion of funds is described by several accountants in different way. The term funds have different meaning according to interpretation of accountants and accounting

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Zero Base Budgeting

The budgeting process is a tool for setting goals and objectives to recognize weaknesses or inadequacies in organizations, and for controlling and integrating the diverse

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