Human Resource Management (HRM) is the function within an organization that focuses on recruitment of, management of, and providing direction for the people who work in the organization. Human Resource Management can also be performed by line managers. Human Re…

Economic theory offers a variety of concepts and analytical tools which can be of considerable assistance to the managers in his decision making practice. These tools are helpful for managers in solving their business related problems. These tools are taken as gui…

Business decision making is essentially a process of selecting the best out of alternative opportunities open to the firm. The steps below put managers analytical ability to test and determine the appropriateness and validity of decisions in the modern busine…

A mutual fund is a professionally managed type of collective investment scheme that pools money from any investors and invests it in stocks, bonds, short-term money market instruments and other securities. Mutual funds have a fund manager who invests the mon…

IDBI stands for Industrial Development Bank of India. It was founded with the objective of financing and help develop small and medium scale industries in India. IDBI was set up in July 1964 under an Act of Parliament as a wholly-owned subsidiary o…

Meaning of Human Resource Management Human Resource Management is a management function concerned with hiring, motivating, and maintaining workforce in an organisation. Human resource management deals with issues related to employees such as hiring, tr…

Islamic banking   (or   participant banking ) is   banking   or banking activity that is consistent with the principles of   sharia law   and its practical application through the development of   Islamic economics . Sharia prohibits the fixed or floatin…

One of the biggest taxation reforms in India -- the Goods and Service Tax (GST) -- is all set to integrate State economies and boost overall growth.

The New Direct Tax Code (DTC) of India is expected to substitute the Income Tax Act of 1961 that is presently in operation. The bill had been presented at the Parliament on August 30th, 2010. According to experts, the new code has lesser benefits comp…

The business environment or the external forces acting on the business consists of a large number of forces. These are.      1.      Demographic      2.      Economic      3.      Geographical      4.      Ecological      5.      Social and C…

Every business enterprise is an integral part of the society. It uses the scarce resources of the society to continue and grow. Hence, it is important that no activity of business is injurious to the long run interests …

Meaning Understanding the environment within which the business has to operate is very important for running a business unit successfully at any place. Because, the environmental factors influence almost every aspect of business, be it its nature, its location,…

The nature of the process of production required by these three different types of production system are distinct and require different conditions for their working. Selection of manufacturing process is also a strategic decision as changes in the same …

The main aim of EU was to establish economic Integration but due to some reasons it had led Global Economic Crisis. Eurozone Debt crisis has resulted from a combination of complex factor.The reason for Euro zone crisis are discussed as follows:

Objective of European Union    1:Elimination of custom duties among member states.   2:Elimination of obstacles to the free flow of import and export of goods and    services among member nations    3:Free movement of capital and people within the bloc…

All about Probability Probability Probability theory deals in random events. The central objects of probability theory are random variables, and events. Event is generally defined as outcome of an experiment. Events can be classified as deterministic or p…

European Union is a umbrella organisation including the European countries that have European eliminated economic, trade and immigration between the member countries of the union. The European union is a unique economic and political partnership bet…

Product design is a strategic decision as the image and profit earning capacity of a small firm depends largely on product design. Once the product to be produced is decided by the entrepreneur the next step is to prepare its design. Product d…

Once the entrepreneur has taken the decisions regarding the product design and production processes and system, his next task is to take steps for production planning and control, as this function is essentially required for efficient and economical production. O…

In banking exams Syllogism questions can be asked in itself. Usually 5-6 questions can be asked from this topic, thus it can fetch you easy marks with right practice.

All about  Permutation and Combination  Permutation

The main object of Accounting is to record financial transaction systematically in the books of accounts and to find out profit-loss and financial position of a business. Ascertainment of profit-loss and financial position, interpretation and analysis of accounts …

The   permanent   long-term financing   of a   company , including   long-term debt ,   common stock   and   preferred stock , and   retained earnings . It differs from   financial structure , which includes   short-term debt   and   accounts payable . …

( INTERNATIONAL MONETARY FUND ) The International Monetary Fund (IMF) is an organization of 189 countries , working to foster global monetary cooperation, secure financial stability, facilitate international trade , promote high employment and sustainabl…

ADJECTIVE   ☞ Rule-1 Adjective of quantity like much, LITTLE, ENOUGH, SUFFICIENT, WHOLE, etc. must be used with uncountable nouns only as they express quantity and not number.  Ex.-Many (not much) boys are absent from the class today.  Many (not muc…

Relative speed And Trains

SPEED DISTANCE AND  TIME

TIME AND WORK 1. If A and B working together, can finish a piece of work in x days, B and C in y days, C and A in z days, then        (a) A, B and C working together will complete the job in            =

All about Percentage

(NABARD) (National Bank for Agriculture and Rural Development) set up as an apex Development Bank by the Government of India with a mandate for facilitating credit flow for promotion and development of agriculture, cottage and village industries etc.…

Directions:

What is MUDRA Bank? Micro Units Development and Refinance Agency Bank (MUDRA Bank), is a new institution setup by the Government of India for development of micro units and refinance of MFIs to encourage entrepreneurship in India & provide the fundin…

Formation of New Development Bank (NDB) The idea for creation of the New Development Bank was first mooted in the Fourth BRICS Summit at New Delhi on March 29, 2012 t o meet the development funding requirements of the five founding countries namely Brazil, …