What do you mean by fixed assets?
A fixed asset is a drawn-out tangible piece of property or equipment that a firm claims and uses in its... View Article
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What are the criteria for capitalization of fixed assets?
Assets built by a business entity ought to incorporate all parts of cost, including materials, work, overhead, and interest cost,... View Article
Is a fixed deposit an asset?
Fixed deposits invested into banks for a short period of time that is less than one year are current assets.... View Article
What is the law of return to a factor?
Return to factor law states that keeping other factors constant and when there is an increase in the variable factor,... View Article
What is the reason for return to a factor?
The reason for the return to factor is the utilisation of fixed factors, variable factors, and indivisible fixed factors.
What is returns to input?
Return to input states that in the short run, some factor inputs are variable, however different sources of resources are... View Article
What are production functions and returns to a factor?
Returns to a factor are used to define the short-run production function. It explains how the output of variable factors... View Article
What is the meaning of human capital formation?
Human resources formation is the most common way of adding to the stock of human resources throughout a specific timeline.... View Article
What is the advantage of forming human capital formation?
Along with an increase in human capital formation, there will be an increase in the national income of the country.... View Article
What are the main problems of human capital formation?
Primary issues of human resources formation are: Insufficient on-the-job training in agriculture. Rising Population. High Poverty Levels. High Regional and... View Article
What is the difference between human capital and human capital formation?
Human capital: Individuals of a nation are known as Human capital. It might possibly contribute significantly to the economy of... View Article
What are the components of human capital formation?
The human capital formation comprises five fundamental components: genetics, motivation, skills, knowledge, and information. Also see: What is Human Capital?
What is a human capital example?
An example of human capital in education, a worker who has no knowledge of computer applications is best suited for... View Article
Is the supply of genuine antique elastic or inelastic?
The supply of authentic antique furniture is inelastic in light of the fact that there is no new creation of... View Article
What are the types of rural development?
Rural development can be divided into the following five types: The industrial promotion type. The industrial-and-agricultural mixed type. The traditional... View Article
What is the importance of price elasticity of supply?
The elasticity of supply estimates the responsiveness of an adjustment or a change of the quantity provided to an adjustment/... View Article
What are the major issues in rural development?
Challenges in rural development are: Low productivity rate. Limited or no access to services. Lack of adequate infrastructure. Underinvestment in... View Article
What are the main components of rural development?
The components of rural development are: Education and training. Natural resources utilisation. Improvement of the service industry in rural areas.... View Article
How can we develop rural areas?
The various ways by which rural development can progress are: By providing good infrastructure. Implementing a sound education system. Encouraging... View Article
What are the benefits of rural development?
The benefits of rural development in India are: Public health and Sanitation. Employment opportunities. Providing agricultural research. Credit facilities. Education.... View Article
