27Oct 2018 by Reese Bannister

4 Important Branches of Public Finance–Explained!

Management
Public finance is broadly divided into four branches. These are Public Expenditure, Public Revenue, Public Debt and Financial Administration.Under Public Expenditure, we study the various principles, effects and problems of expenditure made by the public authorities.Under the branch of Public Revenue, we study the various ways of raising revenues by the public bodies. We also study the principles and effects of taxation and how the burden of taxation is distributed among the various classes in the society. previews.123rf.com ADVERTISEMENTS: Public Debt is the study of the various principles and methods of raising debts and their economic effects. It also deals with the methods of repayment and management of public debt.The branch of Financial Administration deals with the methods of budget preparation, various types of budgets, war finance, development finance, etc.Need…
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27Oct 2018 by Reese Bannister

4 Qualitative Methods of Credit Control Used by the Reserve Bank

Management
The qualitative or selective methods of credit control are adopted by the Reserve Bank in its pursuit of economic stabilization and as part of credit management.1. Margin Requirements: Changes in margin requirements are designed to influence the flow of credit against specific commodities. The commercial banks generally advance loans to their customers against some security or securities offered by the borrowers and acceptable to banks. ADVERTISEMENTS: More generally, the commercial banks do not lend upto the full amount of the security but lend an amount less than its value.The margin requirements against specific securities are determined by the Reserve Bank. A change in margin requirements will influence the flow of credit. A rise in the margin requirements results in a contraction in the borrowing value of the security and similarly,…
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27Oct 2018 by Reese Bannister

Short Essay on "A Fool and His Money Are Easily Parted"

Budget
There is an old saying “A fool and his money are easily parted”. This saying is indeed true. Earning money is a bit difficult and it does involve hard work but retaining the money that one has earned and maintaining the constant flow of that money is far more difficult.For instance, any individual might earn a billion of dollars through a lottery and a jackpot. Instead of using the money wisely like starting a new business or investing in valuable things such as property or jewelry with the help of the money, individuals waste the money by going for expensive trips and buying fancy clothes. Instead, they should invest money in a way that they get returns out of the money instead of spending it lavishly on useless items.Spending money…
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27Oct 2018 by Reese Bannister

Short Essay on "Action Speaks Louder Than Words"

History
“Action speaks louder than words” is an age old proverb with a deep hidden meaning inside. Most of the people have the habit of boasting about what they are going to achieve in the future in an exaggerated form. This sounds crazy but it is indeed true.People have the habit of making castles in the air and actually feeling and boasting that they have achieved a great milestone without actually doing so. It is extremely essential to remember that if your achievements are worth noticing, people will sooner or later come to know about them merely through the word of mouth.It is better to take a step ahead and work hard in achieving your dream rather than feeling proud about it. If for example, you are a good student and…
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27Oct 2018 by Reese Bannister

Short Essay on Bribery (470 Words)

Government
In general terms, bribery means exchange of cash, material or goods in return of a favour that is otherwise impossible or hard to attain. However much we say that we are against bribery, against giving or taking any kind of bribe, deep down we all know that we are either accepting or offering bribe in a way or the other.It is nearly impossible to find a person who has neither given nor accepted any kind of bribe in his entire lifetime. If you want your kid to get admitted in a better school, you offer bribe, if you want a seat allotted in a train, you offer bribe, if you want to get rid of the crimes you have committed, you offer bribes; as a matter of fact, there is…
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27Oct 2018 by Reese Bannister

Short Summary of "The Mystery of Edwin Drood"

Marriage
“The Mystery of Edwin Drood” is one of the finest novels of Charles Dickens but the novel could not be completed by Dickens because he kissed death before the completion of the novel.The identity of the murderers in the novel is still a matter of debate. Though the name of the novel is inspired by the character of Edwin Drood but the story actually revolves around Edwin’s uncle Mr. John Jasper who falls in love with his pupil who is also Edwin’s fiance.Rosa Bud; Edwin’s fiance also catches the attention of Neville Landless who comes with his twin sister Helena from Ceylon. Neville is madly in love with Rose and the result is as anyone can possibly expect; both Neville and Edwin become enemies. weathervaneplayhouse.com ADVERTISEMENTS: The story takes an…
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27Oct 2018 by Reese Bannister

Essay on "Can Computer Replace Teachers"

Emotions
Computers today can be defined as a technological discovery which has amazed the world as a whole by minimizing the whole planet and its information within itself.Students today can find all their study materials and the answer to all their queries online. It is today estimated that a day will come when computers will abolish the teachers and the teaching system as a whole.So the big question is can computers really replace teachers. After giving it a strict thought, the answer is no. Yes it is true that all the study material is available online and that too properly explained. But the fact remains a computer is just an electronic machine devoid of any emotions while a teacher is a human being and has emotions. Image Courtesy: reflow.scribd.com/4f69yesdtsvjx1e/images/image-1.jpg ADVERTISEMENTS: When…
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27Oct 2018 by Reese Bannister

Socio-Cultural Impact of Tourism: Positive and Negative Effects of Tourism

Construction
Positive Nature of Impact: There are many examples of the way in which tourism has benefited a particular place, buildings or cultural activity. In Britain many great buildings of the past would have been lost had it not been possible to convert them into living museums for the tourists.Whole inner cities and dockland areas have been restored and developed to make them attractive as tourist cities. Even a city like London would be a poorer place without the tourist; 40 per cent of West End Theatre tickets are bought by tourists.In rural areas and small seaside resorts, many of the smaller shops could not be economically viable without the summer tourists. This is applicable to Taj in India. previews.123rf.com ADVERTISEMENTS: The rapid growth of tourism in the twentieth century has…
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27Oct 2018 by Reese Bannister

11 Reasons Why Physical Education is very Important in this Modern Era

Games
Need and importance of physical education in modern era are as follows:a. A physical educator considers the child as a storehouse of various mental, social and physical qualities. He tries to develop all the innate qualities with the help of various physical activities, which are parts of physical education. ADVERTISEMENTS: b. Various kinds of physical activities help in developing the organic system and functioning of the body. They also improve the abilities of human being to resist fatigue, to remain active and perform efficiently.c. Physical activities help in developing various kinds of intellectual qualities inherent in a child. Thus with the help of physical education, it is possible to develop children intellectually. previews.123rf.comd. By participating in various kinds of physical activities, children becomes emotionally mature.e. Generally, more than one player…
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27Oct 2018 by Reese Bannister

Here is your free essay on Yoga

Traditions
The word Yoga exists from the Sanskrit root “Yuj” which means (to unite) to join to bind, to yoke or to attach, It literally means to unite’ the individual spirit with the universal spirit (The God). The Yug stands for enabling one to unite with God. The emphasis here is related to “Self Realization”. Yoga is not a religion, it is a practical aid.Yoga is a practical aid to learn proper positioning of the body through various posters called asana and to coordinate with the breath while performing asana. Yoga is a method by which one obtains control of one’s latent power?Yoga is practiced to reach complete self- realization. The continued practice of yoga results to develop a sense of peace and well-being. Yoga is an ancient methodology and art…
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