Economy is an important part of the UPSC prelims and mains exams; this series titled ‘Economy This Week’ has been initiated to address the need... View Article
AIR Spotlight is an insightful program featured daily on the All India Radio Newsonair. In this program, many eminent panelists discuss issues of... View Article
UPSC Current Affairs Preparation: The Hindu Analysis Watch expert analysis of ‘The Hindu’ dated 23rd Aug 2021. Important news and views to boost... View Article
AIR Spotlight is an insightful programme featured daily on the All India Radio Newsonair. In this program, many eminent panellists discuss issues... View Article
The following factors classify a business as micro scale enterprise as per MSMED Act, 2006: Annual turnover not exceeding 5 crores Investment... View Article
The following factors classify a business as small scale enterprise as per MSMED Act, 2006: Investment in plant, machinery and equipment... View Article
Small scale enterprises are defined in the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 Also read: Role and Importance... View Article
Trade credit frees up cash flow and offers opportunities for short term growth of the business. Also read: MCQ on Internal Trade History of... View Article
Trade credit period is a time period after which the buyer needs to make payments to the seller for the goods purchased. It can be between 30-90... View Article
In the book of buyers, trade credit is represented as sundry creditors or accounts payable. Also read: MCQ on Internal Trade History of... View Article
The disadvantage of trade credit in the case of a seller is that trade credit will result in bad debts. Also read: MCQ on Internal Trade... View Article
Trade credit is a pre-decided arrangement between the buyers and sellers on the duration of the payment. Here the buyer has the option of... View Article
Trade credit refers to an arrangement where customers are allowed to purchase goods without the requirement of paying cash at that time and the... View Article
The difference between bonds and debentures is that bonds are loans that are backed by a physical asset or collateral while debentures are... View Article
Debenture is a type of debt instrument. Also read: Redemption of Debentures Types of Debentures Learn about more commerce questions and... View Article
It is risky to invest borrowed money in business because although there is a chance of greater gain, there is also a higher chance of great loss.... View Article