Qualities of a Good Questionnaire

• The length of questionnaire should be proper one.
• The language used should be easy and simple.
• The term used are explained properly.
• The questions should be arranged in a proper way.
• The questions should be in logical manner.
• The questions should be in analytical form.

National Service Scheme, Popularly known as NSS is an extension of activities to the higher education system to orient the student youth to community service while they are studying in education institutions, under the aegis of Ministry of Youth Affairs & Sports, Govt. of India.

Census vs Sampling

Census and Sampling are the two terms that are considered to be the opposite of each other by most of the people, which is not the case.

Census and Sampling are the processes that are used to collect survey data of the people.

One of the key differences between Census and Sampling is that census includes all the members of the population to extract data, whereas, in sampling, a large chunk of the population is considered as a single group to collect data.

Professions

Professions includes those activities, which require special knowledge & skill to be applied by individuals in their occupation. Those engaged in professions are known as professionals. Professionals are generally subjected to guidelines or codes of conduct laid down by professional bodies.

Examples: lawyers are engaged in the legal profession, governed by the bar council of India & chartered accountants belonging to the accounting profession are subject to the regulations of the Institute of chartered accountants of India.

Employment

Getting remunerated in return for the work done for others refers to an employee. Employees are the people who are employed by others. Thus, people who work in factories, offices of banks, insurance companies or government department, etc at various posts are the employees of these organizations. They receive wages & salaries. Examples: working in offices, banks, insurance companies, shops, as a manager, clerk, peon, salesman etc.

Accounting can be defined as a process of reporting, recording, interpreting and summarising economic data. The introduction of accounting helps the decision-makers of a company to make effective choices, by providing information on the financial status of the business.

The American Institute of Certified Public Accountants (AICPA) had defined accounting as the “art of recording, classifying, and summarising in a significant manner and in terms of money, transactions and events which are, in part at least, of financial character, and interpreting the results thereof”.

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<a href="https://www.instagram.com/reel/CDBC1exnHKd/?utm_source=ig_embed&utm_campaign=loading" style=" color:#c9c8cd; font-family:Arial,sans-serif; font-size:14px; font-style:normal; font-weight:normal; line-height:17px; text-decoration:none;" target="_blank">A post shared by 200K Family (@tom_and_jerry__75)</a> on <time style=" font-family:Arial,sans-serif; font-size:14px; line-height:17px;" datetime="2020-07-24T07:24:22+00:00">Jul 24, 2020 at 12:24am PDT</time>

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Advantages of Government Company:

Accounting is the process of recording financial transactions pertaining to a business. The accounting process includes summarizing, analyzing and reporting these transactions to oversight agencies, regulators and tax collection entities. Accounting or accountancy is the measurement, processing, and communication of financial and non financial information about economic entities such as businesses and corporations. As a result of economic, industrial, and technological developments, different specialized fields in accounting have emerged. The famous branches or types of accounting include: financial accounting, managerial accounting, cost accounting, auditing, taxation, AIS, fiduciary, and forensic accounting.

The economic value of an obligation or debt that is payable by the enterprise to other establishment or individual is referred to liability. To put it in other words, liabilities are the obligations that are rising out of previous transactions, which is payable by the enterprise, through the assets possessed by the enterprise.

The village school education was quite different from the city school education. In village schools, students were taught the alphabet and the morning prayer and there was teaching about the God and the scriptures. But in the city school, the students were taught western science, English and music lessons.

In the science of spectroscopy, under physics, the Rydberg constant is a physical constant relating to atomic spectra. It is denoted by R_∞ for heavy atoms and R_H for Hydrogen. Rydberg constant was first arising from the Rydberg formula as a fitting parameter. Later Neils Bohr has calculated it from fundamental constants.

Lyman series of hydrogen atom lies in ultraviolet region, Balmer series lies in visible region while Pfund and Paschen series lie in infrared region.

Direct democracy is when the people vote directly on the law or other issues that are proposed .
Indirect democracy is when the people elect representatives who vote on law on the behalf of the people .

All functions are relations, but not all relations are functions. Relations ...

A relation R from a non-empty set A to a non-empty set B is a subset of the cartesian product set A × B. The subset is derived by describing a relationship between the first element and the second element of the ordered pairs in A × B.
The set of all first elements in a relation R is called the domain of the relation B, and the set of all second elements called images is called the range of R.

A consumer is in a state of equilibrium when he maximizes his satisfaction by spending his given income on different goods and services. Any deviation or change in the allocation of income under the given circumstance will lead to a fall in total satisfaction.

For two-commodity case:   Rupee worth of marginal utility of money should be same across good X and good Y, and equal to marginal utility of money.

Condition 1 :  MU(of good X)/ Price of good X = MU(OF GOOD Y)/ Price of good Y = MU(of money) 

Reason: In case rupee worth of satisfaction (MU of good X/ price of good X) is greater for good X than good Y, the consumer will be prompted to buy more of good X and less of good Y. This would lead to a fall in marginal utility of good X and a rise in marginal utility of good Y. This process would continue till MU(of good X)/ Price of good X = MU(OF GOOD Y)/ Price of good Y = MU(of money) . In case rupee worth of satisfaction (MU of good y/ price of good Y) is greater for good Y than good X, the consumer will be prompted to buy more of good Y and less of good X. This would lead to a fall in marginal utility of good Y and a rise in marginal utility of good X.

Condition 2: Marginal utility of money remains constant.

Condition 3: Law of marginal utility holds good.