NEP 2020 India – Frequently Asked Questions (Quiz) with Answers NEP 2020 India – Frequently Asked Questions (Quiz) with Answers Q1. In tribal areas, ECCE will be implemented in ? ECCE is not applicable in tribal areas NEP is not applicable in Tribal areas In Ashramashalas, in phased manner None of the Above Q2. […]
Monopoly – Meaning, Conditions, Sources and Advantages
Monopoly Meaning, Conditions, Sources and Advantages Monopoly Monopoly is a market where there is only one producer of a good or service. There is also no dose substitute of the good or service. Conditions of Monopoly 1. Single seller and large number of buyers. 2. There is no substitute in the market. 3. Entry […]
Oligopoly – Meaning, Features and Sources – BBA/MBA Notes
Oligopoly Managerial Economics Notes Meaning Of Oligopoly The term oligopoly has been applied to an industry that consists of a few firms, each producing a substantial share of the total output of that industry. This type of market structure is typical of the petroleum industry, the automobile industry, or the iron and steel industry. If […]
Business Ethics – Meaning, Definitions, Theories, Sources and Importance
Business Ethics Meaning, Definitions, Theories, Sources and Importance Meaning of Business Ethics The term business ethics refers to the system of moral principles and rules of conduct applied to business. Business ethics means that the business should be conducted according to certain self-recognized moral standards. Business, being a social organ, shall not conduct itself in […]
Measurement of Inflation (Managerial Economics Notes) (BBA/MBA Notes)
Measurement of Inflation and Measures to Control Inflation Lets Study Measurement of Inflation and ways to control inflation Degree of Inflation According to swiftness of rise in price level or intensity of increase in the general price level the inflation may be (a) creeping inflation, (b) running inflation, (c) galloping inflation, and (d) hyper […]
National Income – Concept, Types and Measurement (Managerial Economics)
National Income Concept, Types and Measurement Income refers to the flow of wages, interest payments, dividends and other things of values accruing during a period of time (usually a year). The aggregated of all incomes is national income. National income as the aggregate for money value of the annual flow of final goods and services […]
Demand Forecasting – Meaning, Scope, Types and Importance – Managerial Economics
Demand Forecasting Meaning, Scope, Types, Importance, Limitations and Criteria for Good Decision Making A forecast is a prediction about a future event which is most likely to happen under given conditions. In a world full of uncertainties, formation of some view about the future is inevitable. Therefore, firms try to forecast the likely demand for […]
Labour Legislation MCQs/Practice Questions (Unit 7)
Word of the Day – Improve your vocabulary
Word of the Day The better vocabulary we have, the easier we can describe our thoughts in a particular language. Moreover a good vocabulary is also helpful in entrance exams like SSC, Bank, CAT, IAS etc. Vocabulary can’t be learnt or enriched overnight. You have to make a conscious and determined effort to improve. Learn […]
