Personality Development

Personality is the word which is being excessively used by the people in today’s world. Everybody talks about the personality of people without knowing the real meaning and definition of personality. Actually, the word personality is derived from the Latin word...

What is Management

The word management is often used in several different ways. For example it can refer to the people indulged in providing guidance and direction to the organization or it may refer to the method by which organizational goals are obtained. But actually the word...

Fiscal Policy and its Tools

The word fiscal is derived from the word Fisc which means treasury therefore fiscal policy deals with the matters of treasury or public finance. Fiscal policy refers to the government policy of public expenditure and taxes. Fiscal policy plays an important role in...

Objectives of Fiscal Policy

The word fiscal is derived from the word Fisc which means treasury therefore fiscal policy deals with the matters of treasury or public finance. Fiscal policy refers to the government policy of public expenditure and taxes. Fiscal policy plays an important role in...

Credit Control by Central Bank (Monetary Policy)

Monetary policy refers to the control of credit and total money supply. This policy is also known as the central bank’s policy in control of credit. Control of money supply is very important for the economic growth of a country. If there is excess supply of money then...

Measures to Control Inflation

There are various measures to control the inflation effectively before it gets out of hand. Since inflation shows disequilibrium between demand and supply of goods at current prices therefore measures should be taken either to decrease the demand or increase the...

Statement of Cash Flow

Conventional financial statements i.e. income statement and balance sheet do not give true picture of the cash flows of the firm. Because income statement incorporates many non-cash expenditures and revenues for the sake of ascertaining profitability. Similarly...