LAC stands for Long Run Average Cost. It shows the lowest possible average cost necessary for producing various possible levels of output. Also... View Article
COGS stands for Cost of Goods Sold. It considers the direct costs that are incurred during the production of goods and services. The costs... View Article
ASBA stands for Application Supported by Blocked Amount, this is a process of subscribing to the initial public offering (IPO) by making payment... View Article
BSR stands for Basic Statistical Return. It is a seven digit code that is provided to the registered banks by the Reserve Bank of India. Also... View Article
IC stands for Indifference Curve in economics. An indifference curve shows the combination of two goods that provides customers with equal... View Article
CSR stands for Corporate Social Responsibility. It refers to the various policies and practices that are followed by companies in order to... View Article
WPI stands for Wholesale Price Index, it is one of the two indices for measuring the level of inflation in an economy. Also read: MCQs on... View Article
MSMED Act 2006 stands for Micro, Small and Medium Enterprise Development Act, 2006. This act was passed for enhancing the competitiveness of the... View Article
CPI stands for Consumer Price Index. It is one of the two price indices for measuring inflation. Also read: MCQs on Consumer Price Index CPI... View Article
DICGC stands for Deposit Insurance and Credit Guarantee Corporation of India. It is a wholly owned subsidiary of the Reserve Bank of India. Also... View Article
CGST stands for Central Goods and Services Tax. These are indirect taxes that are levied by the government for the intrastate movement of goods... View Article
NASDAQ stands for National Association of Securities Dealers Automated Quotations. It is the second largest stock exchange after the New York... View Article
BSE stands for Bombay Stock Exchange. It is one of the stock exchanges in India. Also read: SEBI Objectives and Functions What Are Equity... View Article
GST was implemented from 1st July, 2017 in India. Also read: MCQs on GST Learn about more questions and answers on business studies and... View Article
Deflation is referred to as the decrease in the price of goods and services. In such a situation the purchasing power of the population... View Article
FCCB stands for foreign currency convertible bond. It is a hybrid instrument, meaning it combines both the properties of debt and equity. It is... View Article
