Ramawatar Tawaniya's presentation discusses the meanings of commitment and saving. It identifies different types of borrowings like credit, shares, and loans. The document outlines benefits of saving such as interest and avoiding risk, and reasons for borrowing including business support and expansion. Disadvantages of borrowing include penalties, obligations, and requiring security. Using own funds provides advantages like not needing to repay, paying no interest, and allowing quick decision making. Overall, the conclusion is that borrowing and saving are both effective for business depending on funding needs and project goals.

1. Presented by:
Ramawatar Tawaniya

2. 
 Commitment means the act of doing something. It
includes
 An obligation
 A promise
 Future financial obligation
 Saving:-
 To keep from being spent or lost
 To reserve
 To secure from waste or expenditure
MEANING OF COMMITMENT
AND SAVING

3. 
 Credit
 Shares
 Debentures
 Mortgage
 Business loan
 Agricultural loans
 Educational loans
Types of borrowings

4. 
Benefits of saving
 Interest
 Avoid risk
 Save for retirement
 Emergency
 House
 Opportunities
 To fulfill dream

5. 
 Support the business
 Bring additional partner
 Development and expansion of business
 To increase the assets
 Working capital
 Lack of capital
 Acquisition
Why to borrow?

6. 
 Prepayment penalty
 A lot of Restrictions
 Obligation to repay after certain period
 High rate of interest
 Less profit
 It’s a liability
 Security is required
Disadvantages of borrowing:

7. 
 No need to pay back
 No interest
 Judicious use of money
 Undivided profit
 Quick decision making
 More secure
 No complexity in capital formation
Advantages of using own funds

8. 
 Loan is a form of debt, often with an interest.
 People take loans due to lack of finance
 Loans are taken to meet a wide variety of needs.
 Usually the purposes include purchase of house,
car or to start a new business
 There are various types of Loans meet different
needs
 Enables the person to pay the loan systematically.
 Easy and affordable EMI’S and conditions
Advantages of loans

9. 
 In business perspective both are effective
because in case when there is no funds to invest,
the business has to borrow. As well as it depends
on the amount required to invest and the goal of
the project.
Conclusion :

10. 