Ask questions which are clear, concise and easy to understand.
Ask QuestionPosted by Avika Ch 6 years, 3 months ago
- 0 answers
Posted by Pravesh Rai 6 years, 3 months ago
- 1 answers
Sia ? 6 years, 3 months ago
The two-fold motive behind the systematic deindustrialization effected by the British (i) Making India a Supplier of Raw Materials. (ii) Making India a Market for Finished Goods Another important objective of the British Government.
Posted by Aliza Shaikh 6 years, 3 months ago
- 0 answers
Posted by Mradul Omar 6 years, 3 months ago
- 1 answers
Posted by Shresth Jindal 6 years, 3 months ago
- 1 answers
Posted by Sheikh Mudasir 6 years, 3 months ago
- 1 answers
Posted by Gurjot Singh Bhogal Singh 6 years, 3 months ago
- 4 answers
Ayush Kumar 6 years, 3 months ago
Preeti Sihag 6 years, 3 months ago
Preeti Sihag 6 years, 3 months ago
Krishty Rai 6 years, 3 months ago
Posted by Piyush Gujral 6 years, 3 months ago
- 1 answers
Posted by Varun Kumar 6 years, 3 months ago
- 0 answers
Posted by Siddhi Agarwal 6 years, 3 months ago
- 0 answers
Posted by Devansh Aggarwal 6 years, 3 months ago
- 7 answers
Harsh Panchal 6 years, 3 months ago
Posted by Riya Dhyani 6 years, 3 months ago
- 1 answers
Devansh Aggarwal 6 years, 3 months ago
Posted by Poonam Gupta 6 years, 3 months ago
- 0 answers
Posted by Sakshi Priya 6 years, 3 months ago
- 4 answers
Aashi Dubey 6 years, 3 months ago
Virendra Awasthi 6 years, 3 months ago
Akshita Singh 6 years, 3 months ago
Posted by Rajesh Jaiswal 6 years, 3 months ago
- 1 answers
Sia ? 6 years, 3 months ago
Importance of Planning:
- Planning reduces overlapping and wasteful activities: Planning serves as the basis of coordinating the activities and efforts of different divisions, departments and individuals. It helps in avoiding confusion and misunderstanding. Since planning ensures clarity in thought and action, work is carried on smoothly without interruptions.
- Planning promotes innovative ideas: Since planning is the first function of management, new ideas can take the shape of concrete plans. It is the most challenging activity for the management as it guides all future actions leading to growth and prosperity of the business.
- Planning facilitates decision making: Planning helps the manager to look into the future and make a choice from amongst various alternative courses of action. The manager has to evaluate each alternative and select the most viable proposition. Planning involves setting targets and predicting future conditions, thus helping in taking rational decisions.
- Planning establishes standards for controlling: Planning involves setting of goals. The entire managerial process is concerned with accomplishing predetermined goals through planning, organising, staffing, directing and controlling. Planning provides the goals or standards against which actual performance is measured. By comparing actual performance with some standard, managers can know whether they have actually been able to attain the goals.
Posted by Narendar Sherawat 6 years, 3 months ago
- 1 answers
Harsh Panchal 6 years, 3 months ago
Posted by Lalita Rawat Sajwan 6 years, 3 months ago
- 0 answers
Posted by Prerna Samkaria 6 years, 3 months ago
- 1 answers
Yogita Ingle 6 years, 3 months ago
Industrial licensing is an authority issued by the government organisation to permit the institution or organisation for starting an industry or to start certain function.
Posted by Himanshu Sharma 6 years, 3 months ago
- 1 answers
Prerna Samkaria 6 years, 3 months ago
Posted by Sahil Shah 6 years, 3 months ago
- 2 answers
Sia ? 6 years, 3 months ago
Depreciation of domestic currency means that the value of domestic currency decreases in relation to the value of foreign currency typically in a floating exchange rate system in which no official currency value is maintained.
Preeti Sihag 6 years, 3 months ago
Posted by Alisha Kapila 6 years, 3 months ago
- 1 answers
Posted by Varun Kumar 6 years, 3 months ago
- 1 answers
Yogita Ingle 6 years, 3 months ago
The new economic policy started by the government since 1991 in order solve the Economic crisis and to accelerate the rate of economic growth is called Economic Reforms. It is also known as new economic policy which consists of Liberalization, Privatization and Globalization (LPG).
Posted by Nikhil Nikhi 6 years, 3 months ago
- 1 answers
Sia ? 6 years, 3 months ago
Differences between the inflationary gap and deflationary gap.
| Basis | Inflationary Gap | Deflationary Gap |
| Meaning | The excess of aggregate demand above the level that is required to maintain full employment level of equilibrium is termed as inflationary gap. | The shortfall of aggregate demand below the level that is required to maintain full employment level of equilibrium is termed as a deflationary gap. |
| Effect | Inflationary gap causes inflation and increases wages and price level in the economy. | Deflationary gap causes deflation and decreases wages and price level in the economy. |
| Causes |
Some of the causes are as follows:
|
Some of the causes are as follows:
|
Posted by Gaurav Kumar 6 years, 3 months ago
- 0 answers
Posted by Jaat Boy'S 4 years, 5 months ago
- 1 answers
Sia ? 4 years, 5 months ago
| Autonomous transaction | Accommodating transaction |
| Autonomous transaction refer to those international economic transactions that ate undertaken with the sole motive of earning profit. | Accommodating transaction fee to those international economic transactions that are to correct the disequilibrium in the autonomus item. |
| They are also called 'above the line items' in BOP | They are also called' below the line items in BOP. |
| They are independent of the BOP status of a country. | They depend on the BOP status of a country, as they are compensating short-term capital transactions that are undertaken to correct the disequilibrium in the autonomous items. |
Posted by Ayush Kumar 6 years, 3 months ago
- 3 answers
Preeti Sihag 6 years, 3 months ago
Riya Malik 6 years, 3 months ago
Ayush Kumar 6 years, 3 months ago
Posted by Banteilang M Langrin 6 years, 3 months ago
- 1 answers
Ayush Kumar 6 years, 3 months ago
Posted by 123 Sahu 6 years, 3 months ago
- 1 answers
Riya Malik 6 years, 3 months ago

myCBSEguide
Trusted by 1 Crore+ Students

Test Generator
Create papers online. It's FREE.

CUET Mock Tests
75,000+ questions to practice only on myCBSEguide app
myCBSEguide