Category: Investment

A patent is requested by filing a written application at ft relevant patent office. The person or company filing the application is referring to as “the applicant”.The applicant may be the inventor or its assigns the application contains a description of how to make and use the invent it that must provide sufficient detail for a person skilled in the art (relevant area of technology) to make and use the invention.In some country there are requirements for providing specific information such as that usefulness of the invention, the best mode of performing the invention knave to the inventor, or the technical problem or problems solved by the invention Drawings illustrating the invention may also be provided. Image Source: aprbusiness.in ADVERTISEMENTS: The application includes one or more claims, although it not…

Education is fundamental to human progress. It plays a prominent role in all-around development of individual as well as society. A large number of books have been written on the importance of education. Education plays a key role in creating patriotic, disciplined and productive manpower.Educated manpower constitutes precious assets as well as agents for advancing the nation. Education means the fostering of personality through the unhampered development of innate qualities of a human being. It aims at integrated development of personality.In principle, education to the citizen is the responsibility of the State since India is a welfare State. It is an integral part of the social sector of the economy. It adds to the efficiency and productivity of human resources leading to sustainable economic growth. Its direct and indirect effects…

Man and woman have different roles to play but in modern time’s man and woman both are working to fend for their families and the result is children being left on their own. This has become a debatable issue. Let us become a part of this debate and take sides with either the working Mom or Stay at home Mom…. Stay at home Moms and their families Advantages Disadvantages Working Mothers-advantages and disadvantages Conclusion A debate begins with……….Respected Chairperson, Members of the Jury, teachers and dear friends. Image Source: dailyvenusdiva.com ADVERTISEMENTS: Today’s topic is ‘Stay at home Moms versus working Moms’ I would like to express my views in favour of Stay at home Moms-The Nature’s greatest givers’-selfless, with a heart overflowing with love for their family.It is a common…

Cases when exchange rate deviates from the mint parity beyond gold points, it will be automatically adjusted back. For example, in our numerical example given above, if exchange rate moves against rupee such that $ 1 buys more than Rs.40.04, then it will pay to sell dollars and buy rupees, get rupees converted into gold, send that gold to USA and get them converted into dollars and thereby make a profit.As a result, supply of dollars and demand for rupees will increase in the market and exchange rate will move back to within the range determined by gold points around the mint-parity. Evaluation: The mint parity theory suffers from some serious limitations even on analytical grounds. It projects an adjustment process which is conceptually deficient and ignores some vital realities.…

Amazing collection of 9 samples to help you to write better business circular letters! 1. Sample Circular Letter Regarding Air-Conditioner If the weather beats you down on a normal working day…it’s time your office had an ____________ (Company Name) air-conditioner.If the weather makes your family tired and exhausted…it’s time your house had an ____________ (Company Name) air-conditioner. ADVERTISEMENTS: If your customer perspires and leaves your restaurant….it’s time your restaurant had an ____________ (Company Name) air-conditioner.Not only that even your car can have a mini ____________ (Company Name) air-conditioner. Image Source: interiordecodir.comMost Modern-Elegant-Economical Fully Guaranteed For Five Years ADVERTISEMENTS: ____________ (Company Name) Air-ConditionerAsk your nearest radio and refrigerator dealer or write to us for any further information.____________ (Company Name) Air-Conditioners(Address) 2. Sample Circular Letter on Retiring from Business ADVERTISEMENTS: (Date)Dear Sirs,As…

SAARC was established in December 1985 during the first SAARC summit that was held in Dhaka. After gaining independence from the British rule, India adopted the policy of NSR or National Self Reliance and next formed SAARC along with 6 other member nations of South Asia namely: Bangladesh, Bhutan, Pakistan, Nepal, Maldives, India and Sri Lanka which continue to be its members till date.India succeeded in building excellent trade relations and cordial relations on social, political and economic front with the 6 SAARC countries.India has been an active member of the SAARC and aims and fostering better mutual understanding by supporting people-to-people initiatives. India offers a great source of potential investment in terms of trade and commerce as it is the sole SAARC member to be sharing borders with all…

Disadvantages of Market Mechanism are given below:(i) There is as much evidence of market failure as there is of failure in state intervention. Both market and government are imperfect alternatives. ADVERTISEMENTS: (ii) Market can only serve those who are part of the market system. It is a good servant but a bad master.(iii) Market forces lead to sometimes misallocation of present and future resources or at least to one which may not be in the best long-run social interest, as the process fails to take care of priorities. Image Source: omahainsurancesolutions.com(iv) Market mechanism fails to provide a proper guideline for using appropriate material for selecting project. It diverts investment to those directions in which profits are high, neglecting socially desirable low profit ventures.(v) Do not bring competition in fullest sense.…

In March, 1977, the Janata Party came to power at the centre. Criticising the 20 years of the functioning of the Industrial Policy of 1956, the Janata Party Industrial Policy statement (December, 1977) mentioned: Despite some desirable elements, the Industrial Policy of congress resulted in certain distortions: “unem­ployment has increased, rural urban disparities have widened and the rate of real investment has stagnated.Since the new policy was drafted by the hardcore Gandhians in the Janata Party, its major emphasis was on the growth and development of the small sector. The chief features of the policy were Image Source: gauravmisraa.files.wordpress.com ADVERTISEMENTS: 1. Principal thrust was on the Development of small Industries: The Janata Party accused the Congress of over emphasising on large industries, neglecting the development of cottage and small industries.…

For long, the term ‘small enterprises’ means an industrial unit which employed less than 50 workers producing with electricity and than 100 workers without using electricity and had assets not exceeding Rs 5 lakhs.In 1960, and even now the definition delimits the size of industries in terms of capital investment alone. Later on in 1966, some modification was made but that reduced the items to be included in evaluating the capital investment.In 1966, the small scale enterprises were defined as undertakings with a fixed capital investment of less than Rs. 7.5 lakh and ancillaries with a fixed capital investment of Rs 10 lakh. Image Source: grips.ac.jp ADVERTISEMENTS: Investment will imply investment in fixed assets in plant and machinery, whether held in ownership term or by lease or by hire purchase.…

“Privatization” or “Disinvestment” are used to mean same thing i.e., divestment of PSEs required in public interest.The main objective of disinvestment is to put national resources and assets to optimal use and in particular to unleash the productive potential inherent in our public sector enterprises. The policy of disinvestment aims at modernization of PSEs, creation of new assets, generation of employment and retiring of public debt. Merits/Objectives of Disinvestment: ADVERTISEMENTS: 1. To obtain release of the large amount of public resources locked up in non-strategic Public sector units for re-employment in areas that are much higher on the social priority e.g. health, family, welfare etc. and to reduce the public debt that is assuming threatening proportions.2. Privatization would help stemming further outflows of the scarce public resources of sustaining the…