Friday, August 14, 2020

Finance

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    Main Source of Revenue of the Government

    What is The Main Source of Revenue of the Government of India?

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    Meaning of Public Revenue The income of the Government through all sources is called public revenue. According to Dalton, however, the term "Public Income" has two senses—wide and narrow....
    Public Expenditure

    Meaning of Public Expenditure, Difference between Public and Private Expenditure

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    Meaning of Public Expenditure The Term Public Expenditure refers to the expenses incurred by public authorities- Central, state and local governments for their own maintenance and for the discharge...
    importance of public finance

    Importance of Public Finance in Present Day

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    The importance of public finance in present days can be put as under : Maximum Social Advantage: The prime duty of the government is to attempt for maximum...
    Private Goods

    What is meant by Private Goods and Public Goods?

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    Just as private-sector economics deals with the wants and their satisfaction of household and firms, public sector economics, more commonly called public finance, deals With the question of collective wants and their...
    Budget

    How Budget is Prepared? Procedure of Passing the Budget

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    Budgetary Procedure Budgetary procedure includes three stages : I. Preparation of the budget. II. Presentation & Enactment of the budget Ill. Execution of the budget. ...

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    Is Management a Science or an Art or both?

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    By nature of the management we imply here whether management can be regarded as a science or as an art or both. Management as a Science
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    Understand Henry Fayol’s 14 Principal of Management

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    Fayol's Theory of Management Fayol wrote that all activities of business enterprises could be divided into six groups: technical, commercial, financial, accounting, security, and administrative or managerial. Fayol's primary...
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    What is Meant by Planning and its Main Characteristics?

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    In simple words, planning is deciding in advance what is to do, when, where, how, and by whom it is to be done. From the various lists of functions of Management, Planning...

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