22Nov 2018 by admin

5 Steps that should be Taken to Ensure Rapid Economic Development of Air Transport Industry in India

Accounting
The Steps that should be Taken to Ensure Rapid Economic Development of Air Transport Industry are as follows: Steps 1. Financial Activities: The IATA Financial Committee deals with all aspects of the accounting, finance and settlement of dues between airlines and other members. The committee also deals with many of the common problems of the members in regard to currency, taxation, charges, insurance and statistics.Since its inception, IATA has been able to reconcile the financial and accounting systems developed independently in many parts of the world, before airlines were extensively linked by the intercontinental routes. Image Source: sagacityatlarge.files.wordpress.com ADVERTISEMENTS: It has constantly been putting profound efforts in the field of improving standard of accounting practices, cost, operating profit and loss statements and similar documents, to make possible the application of…
Read More
22Nov 2018 by admin

9 Important Circumstances under Which an Agent is Personally Liable for the Acts of his Principal

Trade
1. Named principal:When the agent contracts as agent for a name principal, the principal is:(a) Bound by all the acts of the agent. ADVERTISEMENTS: (b) Liable when the agent exceeds his authority(c) Bound by the notice. Image Source: southingtonschools.org 2. Unnamed principal: In this case the principal will be liable for the contract made by the agent unless there is a trade custom making the agents personally liable. 3. Undisclosed principal: The agent become personally liable and can be sue and be sued in his own name. Personal Liability of Agent: The general rule is that an agent cannot be made personally liable for the contracts entered into by him on behalf of his principal; neither is he personally bound by them.The circumstances under which an agent is personally liable…
Read More
22Nov 2018 by admin

419 Words Essay on Atoms in Peace and War

Surgery
Atoms are all around and are too small to be seen with eyes. They are too numerous to be counted and are found in every object in the form of very minute particles. Atoms are bounded together with the force of attraction. When they are pulled apart, they release energy. This energy is called the atomic energy.In its original form an atom is stable, and is of no use to mankind. However, the energy that is released, when an atom breaks into two, is highly powerful and of extreme usefulness. Years of research into the limitless power of atom resulted in atomic explosions over the two Japanese city of Hiroshima and Nagasaki.The two atomic bombs, that were dropped, destroyed the two cities and made many people fall prey to cancer…
Read More
22Nov 2018 by admin

572 Words Essay on My Favourite Book or the Book I like Most

Friends
I can unhesitatingly and boastfully claim that ‘my never- failing friends are they, with whom I converse day by day.’ And these friends, with whom I talk, converse and gossip as a matter of routine, are the BOOKS, that are stacked in our family-library. Their sweet, long company has made me a true book-lover in the real sense.Without any doubt or reservation, I can frankly say that blessed are those, who are in constant company of books. Books never desert us, when we fall prey to evil days, and they never flatter us, when fortune smiles on us.In my life so far, I have read many books including the titles on travels and adventures; biographies and auto­biographies; love poems and nature poems; novels and stories and plays written by various…
Read More
22Nov 2018 by admin

5 Most Important Objectives of IATA

Industry
During World War II, the air transport industry has been affected very badly at the world level, in general and, in the USA, UK, Germany, India, France and Canada, in particular.The International Air Transport Association, a successor to the International Air Transport Association formed at Hague in 1919, a nodal organization, was founded in 1945 by the airlines of certain countries with the prime objective of overcoming the complexities and problems arising from the rapid expansion of civil air services and World War II.As a non-governmental organization, it derived its legal existence from a special Act passed by the Canadian Parliament in December 1945. The IATA closely resembles with the International Civil Aviation Organization in terms of its activities and organizational structure. Image Source: news.gtp.gr ADVERTISEMENTS: The IATA is voluntary,…
Read More
22Nov 2018 by admin

459 Words Essay on Boarding Schools: Advantages and Disadvantages

Government
Many parents with affordable means prefer their children to join a boarding school to their studying in a day-time government or public school. One of the many reasons given for this preference is that living in a hostel is necessary for discipline, academic excellence and inculcating self-discipline.One other reason is an extremely busy schedule of both the parents which forces them to part with their children, when they are young, and send them to boarding schools. Yet another factor could be the fact that both the parents are employed in different parts of the country.But nobody can deny the fact, and the actual story from the mouth of a boarder can be really moving that the children who are sent to such schools tend to suffer a lot from home­sickness…
Read More
22Nov 2018 by admin

503 Words Essay on The Importance of Education (free to read)

Industry
According to Bacon “Reading maketh a full man; writing an exact man and conference a ready man.” And if someone asks what reading, writing and conference make together, anyone would say that all of them stand for Education. In other words, we can say that education makes anyone complete, accurate and worldly wise. It means that no one is complete without education.Thus we can confidently say that education is necessary an all-round development of the personality of a human-being. He cannot hope for success, name, fame and prosperity in life without it.Even a nation would be devoid of any progress, if its citizens fail to have the benefits of education. H.L. Wayland has correctly said, “Universal suffrage, without universal education, would be a curse.” For the success of any democracy,…
Read More
22Nov 2018 by admin

565 Words Essay on Science a Blessing or A Curse

Events
The way a new invention is used makes it good or bad. The same is the case with science. It plays a very important and useful role in our life and can be a friend, or a foe according to the way it is used. Science tries to explain the principles behind natural phenomena, and scientists for long have been harnessing this knowledge for the benefit of the society on the whole.Nagarjuna, an ancient, leading Indian scientist, discovered many methods of curing diseases, using plants for medicinal purposes. Science and its miracles; procured after long, arduous researches over the centuries, have made life easier and enjoyable.The application of scientific researches has proved to be a blessing in more ways than one. We have reaped rewards in almost all fields of…
Read More
22Nov 2018 by admin

383 Words Essay on How We Enjoy the Lunch Break in School

Friends
Break in-between continuous work comes as a long- awaited tonic. No wonder, students too are found eagerly waiting for their lunch-break during their long, regular study- Periods. The bell for the recess makes them spring to activity. It provides a welcome relief and change from studies and makes them run to eat and play outside.Students move out of their classrooms excitedly with their tiffin-boxes in their hands. They sit down with their friends in the corridors of the school to have their lunch together. Those without lunch-boxes make a bee-line to the canteen to buy snacks for themselves. Many rush to the canteen, after having their home-cooked food, for a cold drink or an ice-cream.Most children finish-off their lunch fast. Without losing any time, they move to play and then…
Read More
22Nov 2018 by admin

623 Words Essay on The School Annual Day Celebrations (free to read)

Dance
One of the most anxiously awaited occasions in any school is its annual day. Great excitement and hurried activities are visible all around. The prize-winners and those who are participating in the cultural programme to be presented on that day are especially elated. Even those who are not actively, involved are excited to have a study-free day in school, filled with fun, frolic and amusement.The preparations for the annual day begin much ahead of the day itself. The school gets a complete face-lift with all the classrooms thoroughly cleaned and charts on all subjects, carefully made by the students and artistically displayed on the walls.This is done to impress the Chief Guest, other guests and parents. The venue of the function is decorated with Writings, balloons, banners and lights. Image…
Read More