SLM stands for Straight Line Method. It is one of the popular methods of calculating depreciation of fixed assets in accounting. Also read:... View Article
TVC stands for Total Variable Cost. It is the aggregate of all costs that changes in relation to the cost incurred by a business for the total... View Article
In India, the open market operations are conducted by the Reserve Bank of India (RBI). Also read: Difference Between Monetary Policy and... View Article
NOI stands for Net Operating Income. It calculates the income of a company after deducting the operating expenses, but before deduction of... View Article
OMO stands for Open Market Operations. It is a mechanism by which a central bank can purchase or sell bonds in the open market. It is an... View Article
FDI stands for Foreign Direct Investment. It is the investment made by a foreign investor in any foreign company or assets. The purpose of FDI is... View Article
Some examples of PSU in India are: GAIL (Gas Authority of India Limited) NTPC (National Thermal Power Corporation) ONGC (Oil and Natural Gas... View Article
Reliance Industries Limited is not a public sector undertaking as it is not owned by the government. It is a public limited company whose stocks... View Article
GAIL, formerly known as Gas Authority of India Limited, is a public sector undertaking that was formed in 1984 under the Ministry of Petroleum... View Article
MRTP stands for Monopoly and Restrictive Trade Practices. It was an act that was implemented in 1969 to prohibit restrictive and monopolistic... View Article
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
