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Pranjal Tripathi 6 years, 10 months ago

Formation of the company , Forms of businsss organization , Business Services , Sources of business finance and International trade
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Sia ? 4 years, 6 months ago

Points Co-operative Society Partnership Firm
1. Meaning Co-operative Society is a voluntary association of individuals Which is formed for providing services to its members. A partnership firm is formed by two or more persons to do business and share profits.
2. Number of members Minimum ten persons and maximum no limit. Minimum two persons and a maximum of fifty persons.
3. Registration It is compulsory. It is not compulsory in India, but compulsory is Maharashtra
4. Liability The liability of members is limited up to the extent of the unpaid amount on shares held by them. The liability of partners is unlimited, joint, and several.
5. Secrecy It is not possible to maintain secrecy iii a Co-operative Society. The company has huge capital.
6. Management Managing Committee manages the society according to its bye-laws. All partners are involved in the management of the firm.
7. Stability Stability is not affected by death, insolvency, or lunacy of a member. The stability of a firm is affected by death, insolvency or lunacy of a partner.
8. Government Control There is a lot of government supervision and control. There is minimum government supervision for a partnership firm.
9. Act Co-operative Societies have to follow the Indian Co-operative Societies Act, 1912. In Maharashtra, societies have to follow the Maharashtra Co-operative Societies Act, 1960. Partnership firms are governed by the Indian Partnership Act, 1932.
10. Motive The motive is to give maximum services to the people. The motive is to earn profits.
11. Legal Status A Co-operative Society enjoys an independent legal status, distinct from its members. Partnership firms do not have an independent legal status. Partners and the firms are one and the same.
12. Transfer of shares Members can surrender shares to society. Partners cannot transfer the shares without the consent of other partners.
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Shivendra Prakash 6 years, 10 months ago

Refer to ncert book

Dhruti Mistri 6 years, 10 months ago

Givwn in NCERT text book
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Himanshu Kesharwani 6 years, 10 months ago

Business process outsourcing

Harsh Panchal 6 years, 10 months ago

BPO stands for business process outsourcing.??
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Neela Roshini Nandakumar 6 years, 10 months ago

Promotor
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Yaser Siddiquee 6 years, 10 months ago

Formation of a company involves completion of several legal formalities and procedures. The process of formation of the company can be divided into four stages, viz., 1.Promotion of a company Incorporation 2.Subscription of capital 3.Commencement of business.
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Gaurav Seth 6 years, 10 months ago

Public-Private Partnership refers to the involvement of private sector in the Govt, projects aimed at public benefit in the form of management expertise and monetary contribution.
The following are the main features of PPP :
PPPs are related to high priority Govt, planned projects.
(2)PPP’s main objective is to combine the skills, expertise and experience of both public and private sectors to deliver high quality services.
(3)PPPs divide the risk between public and private sector.
(4)The Govt, remains accountable for the quality and costs of the services.
(5)PPPs are used in the Govt, projects aimed at public benefit.
(6)PPPs projects lead to faster implementation and reduced life cycle.

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Yogita Ingle 6 years, 10 months ago

  1. Private company: Section 3(1)(c) of the Companies Act says that a single person can form a company for any lawful purpose. It further describes OPCs as private companies.
  2. Single member: OPCs can have only one member or shareholder, unlike other private companies.
  3. Nominee: A unique feature of OPCs that separates it from other kinds of companies is that the sole member of the company has to mention a nominee while registering the company.
  4. No perpetual succession: Since there is only one member in an OPC, his death will result in the nominee choosing or rejecting to become its sole member. This does not happen in other companies as they follow the concept of perpetual succession.
  5. Minimum one director: OPCs need to have minimum one person (the member) as director. They can have a maximum of 15 directors.
  6. No minimum paid-up share capital: Companies Act, 2013 has not prescribed any amount as minimum paid-up capital for OPCs.
  7. Special privileges: OPCs enjoy several privileges and exemptions under the Companies Act that other kinds of companies do not possess.
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Vishesh Vishwas 6 years, 10 months ago

03 Amazing facts about tulsi plant
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Harsh Panchal 6 years, 10 months ago

Merits of outsourcing are First focusing of attention second quest of excellence third cost Reduction forth growth through Alliance 5 boost to economic development
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Harsh Panchal 6 years, 10 months ago

Depositing cash into bank. Lending money.??
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Harsh Panchal 6 years, 10 months ago

Bank is a financial insitution which collect deposits from the public , repayable on demand and earns small margin of profit by lending money.
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Sakshi Sharma??️??️ 6 years, 10 months ago

It refers to a funds transfer system where transfer of funds takes place from one bank to another on a real time and on gross basis . Settlement in real time means payment transaction is not subjected to any waiting period. The transactions are settled as soon as they are processed. Gross settlement means the transaction is settled on one to one basis without bunching or netting with any other transaction.

Yaser Siddiquee 6 years, 10 months ago

Real time gross settlement is the continuous process of settling payments on an individual order basis without netting debits with credits across the books of a central bank (e.g. bundling transactions).
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Yogita Ingle 6 years, 10 months ago

Owner capital :

1. Meaning : Consist of the amount contributed by owners and their profit reinvested in business.
2. Permanent : It remains permanent invested.
3. Risk : It carries risk of business.
4. Control :Control rests with providers of owners capital.
5. Security : It does not require any asset as security.
6. reward : Reward is dividend.
7. Priority : Reward is paid after payment of interest on borrowed funds.
8. Nature of return : The rate of dividend may fluctuate year to year.

Borrowed capital :

1. Meaning : It includes funds available in the form of loans or credit
2. Permanent : It is not permanent source of investment.
3. Risk : The debts of company are secured.
4. Control : No control rests with providers of borrowed funds.
5. Security : It is backed by security of assets.
6. reward : Reward is interest.
7. Priority : Payment of interest gets priority over payment of dividend.
8. Nature of return : The rate of interest is fixed on funds.

 

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Gaurav Seth 6 years, 10 months ago

ollowing are the allied facilities provided by postal departments :

1. Greeting Post: Beautiful greeting cards.

2. Media Post : Effective media for indrain corporate to advertise their brand through post cards, envelops, telegrams etc.

3. Direct post for direct advertising.

4. International money transfer through collaboration with Western Union finance services, USA which enables remittances of money from 185 countries to India.

5. Speed post: It has over 1000 destination in India and links with 97 major countries across the globe.

6. e-bill post is the latest invention of the department to collect bill payment across the counter for BSNL and Bharti Airtel.

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Harsh Panchal 6 years, 10 months ago

Depositing cash. Help in lending money.??

Yogita Ingle 6 years, 10 months ago

  • Keep money safe for customers
  • Offer customers interest on deposits, helping to protect against money losing value against inflation.
  • Lending money to firms, customers and homebuyers.
  • Offering financial advice and related financial services, such as insurance
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Gaurav Seth 6 years, 10 months ago

Advantages of e-commerce :

1. e-commerce provides speedy business services.

2. e-commerce is accessible to the global market.

3. It is a movement towards a popular society.

4. It is easy to form and requires lower investment.

5. It is convenient.

6. e-commerce makes flexible manufacturing and mass customisation possible.

Diadvantages of e-commerce :

(a)It lacks personal touch.

(b) The physical delivery of the product takes time.

(c) There is a need for technology capability and competance of parties and e-Business.

(d) There is increased risk due to anonymity and non-traceability of parties.

(e) People resist e-commerce as it involves adjustment to new technology and new way of doing things.

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