- Index numbers measure relative changes in variables like prices, quantities, values over time from a base period. They are used to frame policies, reveal trends, and for deflating purposes.
- There are different methods for constructing index numbers, including simple aggregate methods, simple average of relatives methods, and weighted index numbers that assign weights.
- Common weighted indexes include the Laspeyres method which uses base period weights, the Paasche method which uses current period weights, and the Fisher Ideal Index which takes the geometric mean of the Laspeyres and Paasche.
The document provides examples of calculating different types of weighted index numbers to measure changes in prices over time. It discusses weighted aggregative price index numbers, which calculate total expenditures for a current and base year using item weights. It also describes weighted average of relative price index numbers. Specific methods covered include Laspeyre's index, Paasche's index, Fisher's ideal index, and Marshall-Edgeworth price index. Formulas and examples are given for calculating each type of index number from sample price and quantity data for multiple time periods.
The finance function involves acquiring and utilizing funds for a business. It is classified into long-term and short-term financial decisions. Long-term decisions include financing, investment, and dividend policy decisions. Financing decisions deal with acquiring and deploying funds. Investment decisions relate to selecting fixed and current assets. Dividend policy decisions determine how much profit to distribute versus retain. Short-term decisions include liquidity management to ensure sufficient current assets and avoid illiquidity. The finance function aims to provide funds favorably, manage all cash-related activities, and effectively procure and utilize funds for the business.
This document discusses index numbers, which are statistical tools used to measure relative changes in variables such as prices or quantities over time. It defines index numbers and outlines their key features and types, including price, quantity, value, simple and composite index numbers. The document also describes several methods for constructing index numbers, such as Laspeyre's method, Paasche's method, Fisher's ideal method and consumer price indexes. Index numbers are expressed as percentages and measure the effect of changes over periods of time.
CML is a graphical representation that tells the rate at which the securities are providing a return. SML tells the relation between the required rate of return of security as a function of the non-diversifiable risk.
https://efinancemanagement.com/investment-decisions/sml-vs-cml
The document discusses capital structure and its theories. It defines capital structure as the proportion of long-term debt and equity used to finance a company's assets. A company's capital structure determines its risk and cost of capital. There are several theories on capital structure including the net income, net operating income, traditional, and Modigliani-Miller approaches. The optimal capital structure balances minimum costs and risks. Factors like tax rates, control, flexibility, and legal requirements influence a company's choice of capital structure.
noorulhadi Lecturer at Govt College of Management Sciences, noorulhadi99@yahoo.com
i have prepared these slides and still using in mylectures, Reference: Portfolio management by S kevin and online sources
- Index numbers measure relative changes in variables like prices, quantities, values over time from a base period. They are used to frame policies, reveal trends, and for deflating purposes.
- There are different methods for constructing index numbers, including simple aggregate methods, simple average of relatives methods, and weighted index numbers that assign weights.
- Common weighted indexes include the Laspeyres method which uses base period weights, the Paasche method which uses current period weights, and the Fisher Ideal Index which takes the geometric mean of the Laspeyres and Paasche.
The document provides examples of calculating different types of weighted index numbers to measure changes in prices over time. It discusses weighted aggregative price index numbers, which calculate total expenditures for a current and base year using item weights. It also describes weighted average of relative price index numbers. Specific methods covered include Laspeyre's index, Paasche's index, Fisher's ideal index, and Marshall-Edgeworth price index. Formulas and examples are given for calculating each type of index number from sample price and quantity data for multiple time periods.
The finance function involves acquiring and utilizing funds for a business. It is classified into long-term and short-term financial decisions. Long-term decisions include financing, investment, and dividend policy decisions. Financing decisions deal with acquiring and deploying funds. Investment decisions relate to selecting fixed and current assets. Dividend policy decisions determine how much profit to distribute versus retain. Short-term decisions include liquidity management to ensure sufficient current assets and avoid illiquidity. The finance function aims to provide funds favorably, manage all cash-related activities, and effectively procure and utilize funds for the business.
This document discusses index numbers, which are statistical tools used to measure relative changes in variables such as prices or quantities over time. It defines index numbers and outlines their key features and types, including price, quantity, value, simple and composite index numbers. The document also describes several methods for constructing index numbers, such as Laspeyre's method, Paasche's method, Fisher's ideal method and consumer price indexes. Index numbers are expressed as percentages and measure the effect of changes over periods of time.
CML is a graphical representation that tells the rate at which the securities are providing a return. SML tells the relation between the required rate of return of security as a function of the non-diversifiable risk.
https://efinancemanagement.com/investment-decisions/sml-vs-cml
The document discusses capital structure and its theories. It defines capital structure as the proportion of long-term debt and equity used to finance a company's assets. A company's capital structure determines its risk and cost of capital. There are several theories on capital structure including the net income, net operating income, traditional, and Modigliani-Miller approaches. The optimal capital structure balances minimum costs and risks. Factors like tax rates, control, flexibility, and legal requirements influence a company's choice of capital structure.
noorulhadi Lecturer at Govt College of Management Sciences, noorulhadi99@yahoo.com
i have prepared these slides and still using in mylectures, Reference: Portfolio management by S kevin and online sources
Standard costing is a technique that involves setting predetermined standards for costs and comparing them to actual costs. Standards are set for materials, labor, overhead and sales prices/margins. Variances between standards and actuals are analyzed to identify reasons for differences and take corrective actions. It helps management evaluate performance, control costs, set budgets and motivate staff. Some key advantages include cost control, delegation, efficiency improvements, and anticipating future costs and profits. Limitations include requiring technical skills and difficulty separating controllable vs. uncontrollable variances.
Credit rating agencies evaluate the creditworthiness of individuals, corporations, and countries to assess their ability to repay debt and likelihood of default. The major credit rating agencies in India are CRISIL, ICRA, CARE, DCR India, ONICRA, and SMERA. Credit ratings provide benefits to both investors and rated companies by reducing information costs and encouraging financial discipline. However, credit ratings also have limitations such as potential bias and differences in ratings between agencies.
The document describes the structure of the Indian financial market. It discusses various segments including the debt market, money market, capital market, and equity market. The money market deals in short term instruments like treasury bills, commercial bills, certificates of deposit, and commercial paper. It functions to reduce transaction costs, provide liquidity, facilitate price discovery, and mobilize savings. The capital market raises long term funds through stock and bond markets. It helps with capital formation, investment opportunities, and economic growth.
Fisher's rate intersection - In Capital Budgeting - NPV and IRRSundar B N
ย
Fisher's intersection occurs at the discount rate where the net present values (NPVs) of two projects are equal. In the document, Projects M and N are used to illustrate this concept. The NPV profiles of the two projects are shown in a table and graph. Project N's largest cash flows come late, so its NPV decreases more rapidly with higher discount rates. Project M's cash flows are earlier, so its NPV is less affected by the discount rate. The projects' NPVs intersect at a 10% discount rate, which is Fisher's intersection point. At rates below 10%, Project N has the higher NPV, but Project M has the higher internal rate of return (IRR). Above 10%,
The document discusses capital structure, which refers to the proportion of debt, preferred stock, and common equity used to finance a company's assets. Capital structure includes long-term debt and stockholder equity. Capitalization refers to the total amount of securities issued, while capital structure refers to the types and proportions of securities. Financial structure includes all financial resources, both short- and long-term. An optimal capital structure maximizes share price and minimizes cost of capital. Factors that determine a company's capital structure include financial leverage, growth and stability of sales, cost of capital, cash flow ability, nature and size of the firm, control, flexibility, requirements of investors, and capital market conditions.
This document discusses various methods of pricing, including cost-oriented and market-oriented approaches. It describes mark-up pricing, absorption cost pricing, target-return pricing, perceived value pricing, going rate pricing, and auction-type pricing. For each method, it provides examples of industries that use that approach and explains how to calculate pricing using that method. The key methods discussed are mark-up pricing based on desired profit margins, absorption cost pricing which includes all costs, and target-return pricing where the profit margin is set based on desired return on investment.
The Capital Asset Pricing Model (CAPM) uses beta to measure the non-diversifiable risk of a security and determine its expected return. CAPM assumes investors want to maximize returns and only consider systematic risk. It models expected return as the risk-free rate plus a risk premium based on the security's beta. The Security Market Line graphs this relationship between beta and expected return. Some researchers like Fama and French have expanded CAPM with additional size and value factors.
The document discusses various aspects of portfolio management including the phases, approaches, traditional and modern theories. It describes the steps in traditional approach as analyzing constraints, determining objectives, selecting portfolio, assessing risk and return, and evaluation/diversification. The modern approach focuses on asset allocation based on calculated risk and return. Key modern portfolio theories discussed are Markowitz theory, Sharpe's single index model, and Capital Asset Pricing Model (CAPM). It also covers portfolio revision, constraints, and strategies like passive and active management, as well as formula plans.
The document discusses the cost of capital, which is the rate of return a firm requires to increase its market value. It has three components: return at zero risk, business risk premium, and financial risk premium. Cost of capital is classified as historical vs future, specific vs composite, average vs marginal, and explicit vs implicit. Specific costs include cost of debt, preference shares, equity shares, and retained earnings. Composite cost is the weighted average cost of different sources. Cost of capital is computed using book value weights or market value weights to determine the weighted average cost of capital (WACC).
This document provides an overview of index numbers, including their meaning, features, advantages, limitations, construction methods, and examples of important index numbers. Index numbers are statistical measures used to compare economic variables, like prices or production, over time. They show percentage changes from a base period and are widely used by governments, businesses, and economists to understand inflation trends and formulate policies. The document discusses various methods for constructing index numbers, such as Laspeyre's method, Paasche's method, and Fisher's method which involve assigning weights. Important commonly used index numbers mentioned include the Consumer Price Index, Sensex, Agricultural Production Index, and Wholesale Price Index.
The document discusses portfolio management and Markowitz portfolio theory. It defines a portfolio as a combination of securities like stocks and bonds that are blended together to achieve optimal returns with minimum risk. Portfolio management aims to maximize returns and minimize risk through activities like monitoring performance, evaluating investments, and revising the portfolio. Markowitz portfolio theory introduced diversification to reduce unsystematic risk and developed algorithms to minimize portfolio risk by measuring the standard deviation of returns and considering the expected returns and covariances between securities. The theory assumes investors are risk-averse and can reduce risk by adding diversified investments to their portfolio.
The document summarizes William Sharpe's single index model from 1963, which simplified Harry Markowitz's earlier portfolio selection model. The single index model assumes that only one macroeconomic factor, represented by a market index like the S&P 500, influences the systematic risk of stock returns. It expresses the return of a security as the sum of its expected excess return, its sensitivity to market movements, and random error. This allows estimating portfolio variance and minimum variance portfolios based only on market risk rather than the full covariance matrix.
The financial system comprises intermediaries, markets, and instruments that transform savings into investments. It provides financial inputs that are crucial for economic development and improving standards of living. The system involves the activities of saving, financing, and investment. It includes various institutions like banks, non-banking financial companies, and financial markets that facilitate transactions and allocate resources. Financial instruments are traded in these markets to raise capital. The system also provides important financial services. However, the Indian financial system faces some weaknesses like a lack of coordination and inactive capital markets.
National income is the total value of all goods and services produced in a country in a year. It can be measured using various methods such as the production, income, and expenditure methods. The production method sums the value of output from all sectors. The income method sums factor incomes like wages, interest, rent, and profits. The expenditure method sums expenditures on consumption, investment, government spending, and exports/imports. National income statistics are important for measuring economic growth, standards of living, and making country comparisons.
The document discusses capital structure and various theories related to it. It defines capital structure as the combination of capital from different sources of financing. It then discusses factors that affect capital structure decisions like control, risk, cost, size and nature of business. It explains optimal capital structure as the perfect mix of debt and equity that maximizes firm value while minimizing cost of capital. It also discusses various methods of analyzing optimal capital structure including EBIT-EPS analysis and indifference point analysis. Finally, it summarizes different theories around capital structure like net income, net operating income, traditional and Modigliani-Miller approaches.
The capital market allows investors to trade various investment instruments like bonds, equities, and mortgages. It connects investors with surplus funds to those with deficits, providing long-term and overnight funding. Financial instruments traded include equities, credit products, insurance, foreign exchange, hybrids, and derivatives. The capital market has two main segments - the primary market where new securities are issued, and the secondary market where existing securities are traded, creating liquidity.
The document discusses the random walk theory as applied to stock prices. It posits that stock prices follow random walks such that their movements cannot be predicted, making it impossible to outperform the market without taking on additional risk. The theory believes that fundamental analysis and technical analysis are futile for predicting prices. It implies the best investment strategy is to invest in a portfolio that reflects the overall stock market. The key aspects of the random walk theory are that stock price changes are independent and have the same probability distribution. Criticisms argue that prices may follow trends in the short run and the theory's basis is flawed.
The document defines the substitution effect, income effect, and price effect. The substitution effect refers to changes in quantity demanded from a change in relative price holding income constant. The income effect refers to changes from a change in real income holding price constant. The price effect is the total change from a price change and equals the substitution effect plus the income effect. A price decrease can lead to an increase, decrease, or no change in quantity demanded depending on whether the good is normal or inferior and the relative magnitude of the substitution and income effects.
The document summarizes the key properties and classifications of aggregates used to make concrete. It discusses that aggregates provide bulk and strength to concrete. It classifies aggregates based on their geological origin, size, shape, grading, and unit weight. The summary properties of fine and coarse aggregates are also provided, including requirements for good aggregates.
The document discusses renewable and non-renewable energy sources. It defines energy and explains that it exists in all living and non-living things. Renewable energy sources like sun, wind and rain can be replenished, while non-renewable sources like coal, oil and gas are finite. The main advantages of renewable energy are wide availability, lower costs and less pollution, but their supply can be unreliable. Non-renewable sources are concentrated and reliable, but are highly polluting and will eventually be depleted.
Standard costing is a technique that involves setting predetermined standards for costs and comparing them to actual costs. Standards are set for materials, labor, overhead and sales prices/margins. Variances between standards and actuals are analyzed to identify reasons for differences and take corrective actions. It helps management evaluate performance, control costs, set budgets and motivate staff. Some key advantages include cost control, delegation, efficiency improvements, and anticipating future costs and profits. Limitations include requiring technical skills and difficulty separating controllable vs. uncontrollable variances.
Credit rating agencies evaluate the creditworthiness of individuals, corporations, and countries to assess their ability to repay debt and likelihood of default. The major credit rating agencies in India are CRISIL, ICRA, CARE, DCR India, ONICRA, and SMERA. Credit ratings provide benefits to both investors and rated companies by reducing information costs and encouraging financial discipline. However, credit ratings also have limitations such as potential bias and differences in ratings between agencies.
The document describes the structure of the Indian financial market. It discusses various segments including the debt market, money market, capital market, and equity market. The money market deals in short term instruments like treasury bills, commercial bills, certificates of deposit, and commercial paper. It functions to reduce transaction costs, provide liquidity, facilitate price discovery, and mobilize savings. The capital market raises long term funds through stock and bond markets. It helps with capital formation, investment opportunities, and economic growth.
Fisher's rate intersection - In Capital Budgeting - NPV and IRRSundar B N
ย
Fisher's intersection occurs at the discount rate where the net present values (NPVs) of two projects are equal. In the document, Projects M and N are used to illustrate this concept. The NPV profiles of the two projects are shown in a table and graph. Project N's largest cash flows come late, so its NPV decreases more rapidly with higher discount rates. Project M's cash flows are earlier, so its NPV is less affected by the discount rate. The projects' NPVs intersect at a 10% discount rate, which is Fisher's intersection point. At rates below 10%, Project N has the higher NPV, but Project M has the higher internal rate of return (IRR). Above 10%,
The document discusses capital structure, which refers to the proportion of debt, preferred stock, and common equity used to finance a company's assets. Capital structure includes long-term debt and stockholder equity. Capitalization refers to the total amount of securities issued, while capital structure refers to the types and proportions of securities. Financial structure includes all financial resources, both short- and long-term. An optimal capital structure maximizes share price and minimizes cost of capital. Factors that determine a company's capital structure include financial leverage, growth and stability of sales, cost of capital, cash flow ability, nature and size of the firm, control, flexibility, requirements of investors, and capital market conditions.
This document discusses various methods of pricing, including cost-oriented and market-oriented approaches. It describes mark-up pricing, absorption cost pricing, target-return pricing, perceived value pricing, going rate pricing, and auction-type pricing. For each method, it provides examples of industries that use that approach and explains how to calculate pricing using that method. The key methods discussed are mark-up pricing based on desired profit margins, absorption cost pricing which includes all costs, and target-return pricing where the profit margin is set based on desired return on investment.
The Capital Asset Pricing Model (CAPM) uses beta to measure the non-diversifiable risk of a security and determine its expected return. CAPM assumes investors want to maximize returns and only consider systematic risk. It models expected return as the risk-free rate plus a risk premium based on the security's beta. The Security Market Line graphs this relationship between beta and expected return. Some researchers like Fama and French have expanded CAPM with additional size and value factors.
The document discusses various aspects of portfolio management including the phases, approaches, traditional and modern theories. It describes the steps in traditional approach as analyzing constraints, determining objectives, selecting portfolio, assessing risk and return, and evaluation/diversification. The modern approach focuses on asset allocation based on calculated risk and return. Key modern portfolio theories discussed are Markowitz theory, Sharpe's single index model, and Capital Asset Pricing Model (CAPM). It also covers portfolio revision, constraints, and strategies like passive and active management, as well as formula plans.
The document discusses the cost of capital, which is the rate of return a firm requires to increase its market value. It has three components: return at zero risk, business risk premium, and financial risk premium. Cost of capital is classified as historical vs future, specific vs composite, average vs marginal, and explicit vs implicit. Specific costs include cost of debt, preference shares, equity shares, and retained earnings. Composite cost is the weighted average cost of different sources. Cost of capital is computed using book value weights or market value weights to determine the weighted average cost of capital (WACC).
This document provides an overview of index numbers, including their meaning, features, advantages, limitations, construction methods, and examples of important index numbers. Index numbers are statistical measures used to compare economic variables, like prices or production, over time. They show percentage changes from a base period and are widely used by governments, businesses, and economists to understand inflation trends and formulate policies. The document discusses various methods for constructing index numbers, such as Laspeyre's method, Paasche's method, and Fisher's method which involve assigning weights. Important commonly used index numbers mentioned include the Consumer Price Index, Sensex, Agricultural Production Index, and Wholesale Price Index.
The document discusses portfolio management and Markowitz portfolio theory. It defines a portfolio as a combination of securities like stocks and bonds that are blended together to achieve optimal returns with minimum risk. Portfolio management aims to maximize returns and minimize risk through activities like monitoring performance, evaluating investments, and revising the portfolio. Markowitz portfolio theory introduced diversification to reduce unsystematic risk and developed algorithms to minimize portfolio risk by measuring the standard deviation of returns and considering the expected returns and covariances between securities. The theory assumes investors are risk-averse and can reduce risk by adding diversified investments to their portfolio.
The document summarizes William Sharpe's single index model from 1963, which simplified Harry Markowitz's earlier portfolio selection model. The single index model assumes that only one macroeconomic factor, represented by a market index like the S&P 500, influences the systematic risk of stock returns. It expresses the return of a security as the sum of its expected excess return, its sensitivity to market movements, and random error. This allows estimating portfolio variance and minimum variance portfolios based only on market risk rather than the full covariance matrix.
The financial system comprises intermediaries, markets, and instruments that transform savings into investments. It provides financial inputs that are crucial for economic development and improving standards of living. The system involves the activities of saving, financing, and investment. It includes various institutions like banks, non-banking financial companies, and financial markets that facilitate transactions and allocate resources. Financial instruments are traded in these markets to raise capital. The system also provides important financial services. However, the Indian financial system faces some weaknesses like a lack of coordination and inactive capital markets.
National income is the total value of all goods and services produced in a country in a year. It can be measured using various methods such as the production, income, and expenditure methods. The production method sums the value of output from all sectors. The income method sums factor incomes like wages, interest, rent, and profits. The expenditure method sums expenditures on consumption, investment, government spending, and exports/imports. National income statistics are important for measuring economic growth, standards of living, and making country comparisons.
The document discusses capital structure and various theories related to it. It defines capital structure as the combination of capital from different sources of financing. It then discusses factors that affect capital structure decisions like control, risk, cost, size and nature of business. It explains optimal capital structure as the perfect mix of debt and equity that maximizes firm value while minimizing cost of capital. It also discusses various methods of analyzing optimal capital structure including EBIT-EPS analysis and indifference point analysis. Finally, it summarizes different theories around capital structure like net income, net operating income, traditional and Modigliani-Miller approaches.
The capital market allows investors to trade various investment instruments like bonds, equities, and mortgages. It connects investors with surplus funds to those with deficits, providing long-term and overnight funding. Financial instruments traded include equities, credit products, insurance, foreign exchange, hybrids, and derivatives. The capital market has two main segments - the primary market where new securities are issued, and the secondary market where existing securities are traded, creating liquidity.
The document discusses the random walk theory as applied to stock prices. It posits that stock prices follow random walks such that their movements cannot be predicted, making it impossible to outperform the market without taking on additional risk. The theory believes that fundamental analysis and technical analysis are futile for predicting prices. It implies the best investment strategy is to invest in a portfolio that reflects the overall stock market. The key aspects of the random walk theory are that stock price changes are independent and have the same probability distribution. Criticisms argue that prices may follow trends in the short run and the theory's basis is flawed.
The document defines the substitution effect, income effect, and price effect. The substitution effect refers to changes in quantity demanded from a change in relative price holding income constant. The income effect refers to changes from a change in real income holding price constant. The price effect is the total change from a price change and equals the substitution effect plus the income effect. A price decrease can lead to an increase, decrease, or no change in quantity demanded depending on whether the good is normal or inferior and the relative magnitude of the substitution and income effects.
The document summarizes the key properties and classifications of aggregates used to make concrete. It discusses that aggregates provide bulk and strength to concrete. It classifies aggregates based on their geological origin, size, shape, grading, and unit weight. The summary properties of fine and coarse aggregates are also provided, including requirements for good aggregates.
The document discusses renewable and non-renewable energy sources. It defines energy and explains that it exists in all living and non-living things. Renewable energy sources like sun, wind and rain can be replenished, while non-renewable sources like coal, oil and gas are finite. The main advantages of renewable energy are wide availability, lower costs and less pollution, but their supply can be unreliable. Non-renewable sources are concentrated and reliable, but are highly polluting and will eventually be depleted.
Siilas Campus is submitting a proposal on social networking to Pinki Mam and Anshika Jain mam. The proposal is being presented by Vinay Kumar Verma, a student in the 4th semester of the BBA program in section A. The document appears to be a brief introduction or cover page for a subsequent proposal or report on social networking from Siilas Campus.
Financial Management - Objective And ScopeRahul Kumar
ย
Special For Jaipur national University || Student || BBA || Financial Management || Objective and Scope Financial Management Presentation || Presented By - Vinay Kumar Verma
Helped in making PPT BY -Rahul Kumar
Verka Milk Plant is a dairy cooperative located in multiple districts across Punjab, India. It was established in 1970 with a milk handling capacity of 1 lakh liters per day, which has since increased to 6 lakh liters daily. The plant processes milk into products like butter, ghee, paneer, lassi, and markets them under the Verka brand name. The objectives of the plant include maintaining product quality, preventing disease transmission, and checking for adulteration. It has grown to become a leading dairy brand in Punjab and beyond.
Industry visit bhushan power & steel ltd.Rahul Kumar
ย
Bhushan Power & Steel Ltd is a major Indian steel producer established in 1983. It has manufacturing units in Uttar Pradesh, Maharashtra, and Odisha with sales across India and other countries. The presentation provides an overview of the company's history, profile, branches, vision, policies, quality systems, and departments visited during a student's industry tour. The company aims to become a fully integrated steel and power producer through expanding capacity and offering value-added steel products.
The document defines a bank as a financial institution that accepts money from the public for lending, investment, or withdrawal by demand. It discusses the main types of commercial banks such as deposit banks and industrial banks. The primary functions of commercial banks include accepting deposits, advancing loans, creating credit, clearing checks, and financing foreign trade. Secondary functions include providing agency and general utility services. The top 15 commercial banks in India are also listed, with State Bank of India, ICICI Bank, and Punjab National Bank ranked as the top three.
This document presents information on flow charts, including how they break tasks down into separate steps, standard symbols used in flow charts, how to properly draw them, advantages such as documenting processes and guiding programmers, and disadvantages like needing redrawing if altered and understanding symbols. It provides an example flow chart of starting a computer and applications.
The document is a presentation about India tourism that was created by Vinay Kumar Verma for a class. It defines the Incredible India campaign launched in 2002 by the Indian government to promote tourism. The objectives of the campaign were to promote village tourism for socioeconomic benefits, train local communities to manage tourism, and improve cleanliness. The marketing campaign was conducted globally and received positive reviews, though some felt it failed to cover all of India's attractions. Sections then describe India's tourism offerings, including adventure tours of activities like rafting and fishing, and cruise tours through regions like Kerala, Goa, and along the Ganges River.
This document provides an overview of partnership firms under Indian law. It defines a partnership as the relation between persons who have agreed to share the profits of a business carried out by all or some of them. The key features of a partnership include having more than one person, profit and loss sharing, a contractual relationship, engagement in a lawful business, honesty between partners, and shared responsibility. Partnerships offer advantages like easy formation, more available capital from multiple partners, combined skills, risk diffusion, and flexibility. However, partnerships also pose disadvantages such as unlimited responsibility of partners, divided authority, lack of continuity, and risk of implied authority. The document discusses partnership deeds, registration of firms, and the registration procedure.
This document provides an overview of forgery, including its definition, types of forgery, elements that constitute forgery, common punishments, and an example. It defines forgery as making or altering objects, documents, or statistics with the intent to deceive or profit from altered public perception. The document outlines the key elements of forgery as making, altering, using or possessing a forged item that has legal standing and undergone material alteration. It also lists common types of forgery such as signature and prescription forgery. An example given is of art forger David Stein, who spent 22 years in jail for selling forged paintings he claimed were made by famous artists.
The document defines a bank as a financial institution that accepts money from the public for lending, investment, or withdrawal by demand. It discusses the main types of commercial banks such as deposit banks and industrial banks. The primary functions of commercial banks include accepting deposits, advancing loans, creating credit, clearing checks, and financing foreign trade. Secondary functions include providing agency and general utility services. The top 15 commercial banks in India are listed, with State Bank of India, ICICI Bank, and Punjab National Bank ranked as the top three.
This document provides an overview of e-commerce. It defines e-commerce as the process of buying, selling, transferring or exchanging products, services and information via electronic networks and computers. The document then briefly discusses the history of e-commerce from the 1970s to modern day use of the internet. It identifies four main types of e-commerce: B2C, C2C, B2B, and C2B. The document outlines advantages such as low costs, global reach and 24/7 access. It also discusses how different departments should participate in e-commerce projects and the benefits to organizations and consumers.
Rahul Kumar is an experienced software engineer with over 10 years of experience building web and mobile applications. He has a proven track record of successfully delivering projects on time and under budget. Rahul is passionate about using technology to solve real-world problems and create positive social impact.
The document summarizes key aspects of India's Skill India program launched in 2015 by Prime Minister Narendra Modi. The program aims to train over 400 million people in different skills by 2022. It includes initiatives like the National Skill Development Mission to upgrade skills to international standards through industry involvement. The Skill India program features training, support and guidance across occupations to enhance youth skills and meet domestic and international demand. It faces challenges in mobilizing trainees, ensuring employer buy-in, and scaling the program to match youth aspirations with available jobs.
The document outlines a business plan for a new restaurant. It includes sections on the mission statement, management positions, strengths and opportunities, goals and objectives, food and beverages plan, required manpower, pricing and cost control, market promotion, and customer attraction strategies. The overall strategy is to provide excellent customer service and satisfaction through quality food and ambiance. Key management positions are identified along with their ownership stakes. The plan aims to attract customers through competitive pricing, promotions and discounts.
The document summarizes the matching concept in accounting. It states that the matching concept is the basis for accrual accounting and requires that expenses in a period be matched with the revenues for that period to avoid misstating earnings. It also provides an example trial balance and shows how to prepare a trading account, profit and loss account, and balance sheet from the trial balance information.
This document summarizes a presentation on perfect competition in business economics. It includes:
1) An introduction defining perfect competition and noting it is a theoretical market model with assumptions like many small firms, homogeneous products, and perfect information.
2) An overview of the key assumptions of perfect competition like numerous firms, price-taking behavior, product homogeneity, free entry and exit, and perfect knowledge.
3) Short explanations of demand curves, short-run and long-run equilibrium, marginal costs and revenues, and the relationships between costs, revenues, and profits in different time periods.
4) Mentions advantages of perfect competition include efficient allocation of resources and normal profits in the long-run.
This document provides an overview of wound healing, its functions, stages, mechanisms, factors affecting it, and complications.
A wound is a break in the integrity of the skin or tissues, which may be associated with disruption of the structure and function.
Healing is the bodyโs response to injury in an attempt to restore normal structure and functions.
Healing can occur in two ways: Regeneration and Repair
There are 4 phases of wound healing: hemostasis, inflammation, proliferation, and remodeling. This document also describes the mechanism of wound healing. Factors that affect healing include infection, uncontrolled diabetes, poor nutrition, age, anemia, the presence of foreign bodies, etc.
Complications of wound healing like infection, hyperpigmentation of scar, contractures, and keloid formation.
How to Setup Warehouse & Location in Odoo 17 InventoryCeline George
ย
In this slide, we'll explore how to set up warehouses and locations in Odoo 17 Inventory. This will help us manage our stock effectively, track inventory levels, and streamline warehouse operations.
Philippine Edukasyong Pantahanan at Pangkabuhayan (EPP) CurriculumMJDuyan
ย
(๐๐๐ ๐๐๐) (๐๐๐ฌ๐ฌ๐จ๐ง ๐)-๐๐ซ๐๐ฅ๐ข๐ฆ๐ฌ
๐๐ข๐ฌ๐๐ฎ๐ฌ๐ฌ ๐ญ๐ก๐ ๐๐๐ ๐๐ฎ๐ซ๐ซ๐ข๐๐ฎ๐ฅ๐ฎ๐ฆ ๐ข๐ง ๐ญ๐ก๐ ๐๐ก๐ข๐ฅ๐ข๐ฉ๐ฉ๐ข๐ง๐๐ฌ:
- Understand the goals and objectives of the Edukasyong Pantahanan at Pangkabuhayan (EPP) curriculum, recognizing its importance in fostering practical life skills and values among students. Students will also be able to identify the key components and subjects covered, such as agriculture, home economics, industrial arts, and information and communication technology.
๐๐ฑ๐ฉ๐ฅ๐๐ข๐ง ๐ญ๐ก๐ ๐๐๐ญ๐ฎ๐ซ๐ ๐๐ง๐ ๐๐๐จ๐ฉ๐ ๐จ๐ ๐๐ง ๐๐ง๐ญ๐ซ๐๐ฉ๐ซ๐๐ง๐๐ฎ๐ซ:
-Define entrepreneurship, distinguishing it from general business activities by emphasizing its focus on innovation, risk-taking, and value creation. Students will describe the characteristics and traits of successful entrepreneurs, including their roles and responsibilities, and discuss the broader economic and social impacts of entrepreneurial activities on both local and global scales.
Chapter wise All Notes of First year Basic Civil Engineering.pptxDenish Jangid
ย
Chapter wise All Notes of First year Basic Civil Engineering
Syllabus
Chapter-1
Introduction to objective, scope and outcome the subject
Chapter 2
Introduction: Scope and Specialization of Civil Engineering, Role of civil Engineer in Society, Impact of infrastructural development on economy of country.
Chapter 3
Surveying: Object Principles & Types of Surveying; Site Plans, Plans & Maps; Scales & Unit of different Measurements.
Linear Measurements: Instruments used. Linear Measurement by Tape, Ranging out Survey Lines and overcoming Obstructions; Measurements on sloping ground; Tape corrections, conventional symbols. Angular Measurements: Instruments used; Introduction to Compass Surveying, Bearings and Longitude & Latitude of a Line, Introduction to total station.
Levelling: Instrument used Object of levelling, Methods of levelling in brief, and Contour maps.
Chapter 4
Buildings: Selection of site for Buildings, Layout of Building Plan, Types of buildings, Plinth area, carpet area, floor space index, Introduction to building byelaws, concept of sun light & ventilation. Components of Buildings & their functions, Basic concept of R.C.C., Introduction to types of foundation
Chapter 5
Transportation: Introduction to Transportation Engineering; Traffic and Road Safety: Types and Characteristics of Various Modes of Transportation; Various Road Traffic Signs, Causes of Accidents and Road Safety Measures.
Chapter 6
Environmental Engineering: Environmental Pollution, Environmental Acts and Regulations, Functional Concepts of Ecology, Basics of Species, Biodiversity, Ecosystem, Hydrological Cycle; Chemical Cycles: Carbon, Nitrogen & Phosphorus; Energy Flow in Ecosystems.
Water Pollution: Water Quality standards, Introduction to Treatment & Disposal of Waste Water. Reuse and Saving of Water, Rain Water Harvesting. Solid Waste Management: Classification of Solid Waste, Collection, Transportation and Disposal of Solid. Recycling of Solid Waste: Energy Recovery, Sanitary Landfill, On-Site Sanitation. Air & Noise Pollution: Primary and Secondary air pollutants, Harmful effects of Air Pollution, Control of Air Pollution. . Noise Pollution Harmful Effects of noise pollution, control of noise pollution, Global warming & Climate Change, Ozone depletion, Greenhouse effect
Text Books:
1. Palancharmy, Basic Civil Engineering, McGraw Hill publishers.
2. Satheesh Gopi, Basic Civil Engineering, Pearson Publishers.
3. Ketki Rangwala Dalal, Essentials of Civil Engineering, Charotar Publishing House.
4. BCP, Surveying volume 1
This presentation was provided by Rebecca Benner, Ph.D., of the American Society of Anesthesiologists, for the second session of NISO's 2024 Training Series "DEIA in the Scholarly Landscape." Session Two: 'Expanding Pathways to Publishing Careers,' was held June 13, 2024.
How to Make a Field Mandatory in Odoo 17Celine George
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In Odoo, making a field required can be done through both Python code and XML views. When you set the required attribute to True in Python code, it makes the field required across all views where it's used. Conversely, when you set the required attribute in XML views, it makes the field required only in the context of that particular view.
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The temple and the sanctuary around were dedicated to Asklepios Zmidrenus. This name has been known since 1875 when an inscription dedicated to him was discovered in Rome. The inscription is dated in 227 AD and was left by soldiers originating from the city of Philippopolis (modern Plovdiv).
Walmart Business+ and Spark Good for Nonprofits.pdfTechSoup
ย
"Learn about all the ways Walmart supports nonprofit organizations.
You will hear from Liz Willett, the Head of Nonprofits, and hear about what Walmart is doing to help nonprofits, including Walmart Business and Spark Good. Walmart Business+ is a new offer for nonprofits that offers discounts and also streamlines nonprofits order and expense tracking, saving time and money.
The webinar may also give some examples on how nonprofits can best leverage Walmart Business+.
The event will cover the following::
Walmart Business + (https://business.walmart.com/plus) is a new shopping experience for nonprofits, schools, and local business customers that connects an exclusive online shopping experience to stores. Benefits include free delivery and shipping, a 'Spend Analyticsโ feature, special discounts, deals and tax-exempt shopping.
Special TechSoup offer for a free 180 days membership, and up to $150 in discounts on eligible orders.
Spark Good (walmart.com/sparkgood) is a charitable platform that enables nonprofits to receive donations directly from customers and associates.
Answers about how you can do more with Walmart!"
A Visual Guide to 1 Samuel | A Tale of Two HeartsSteve Thomason
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These slides walk through the story of 1 Samuel. Samuel is the last judge of Israel. The people reject God and want a king. Saul is anointed as the first king, but he is not a good king. David, the shepherd boy is anointed and Saul is envious of him. David shows honor while Saul continues to self destruct.
2. INDEX
โข Weighted Index number- Introduction
โข Construction of Weighted Index Number
โข Method of weighted Index Number Calculation
โข Laspeyres method.
โข Paasche method.
โข Dorbish and bowleyโs method.
โข Marshall-Edgeworth method.
โข Fisherโs ideal method.
3. Weighted Index Number โ
Introduction
These index numbers are the simple
aggregative type with the fundamental
difference that weights are assigned to the
various items included in the index.
4. Construction of Weighted Index Number
There are two Methods :-
1. Weighted Aggregative Expenditure Method:-
In this method No of units produced or used or sold in the base year are treated as weight.
2. Weighted Average of price Relative Method (Family Budget Method):-
In this method price relative R of commodities are computed and they are multiplied by respective
weight W; Again the some of these products are found out. They are denoted by ฮฃRW.
W = Po.Qo
R =
5. Method for Weighted Index Number
Calculation
๏ต Laspeyres method.
๏ต Paasche method.
๏ต Dorbish and bowleyโs method.
๏ต Marshall-Edgeworth method.
๏ต Fisherโs ideal method.
6. ๏ต Laspeyres method :-
In this method the weights are determined by quantities in
the base.
๏ต Paascheโs Method :-
The weights of current year are used as base year in
constructing the Paascheโs Index number.
7. ๏ต Dorbish & Bowleys Method:-
This method is average of Laspeyreโs and Paascheโs
methods.
๏ต Marshall-Edgeworth Method :-
๏ตIn this index the numerator consists of an aggregate of the
current years price multiplied by the weights of both the base
year as well as the current year.
8. ๏ต Fisherโs Ideal Index :-
Fisherโs deal index number is the geometric mean of the
Laspeyreโs and Paascheโs index numbers.