GPSC Prelims and Mains Notes, GPSC Test Series
WEALTH MAXIMIZATION Concept: Wealth maximization is the concept of increasing the value of a business in order to increase the value of the shares held by stockholders. The concept requires a company’s management team to continually search for the highest possible returns on funds invested in the business, while mitigating any … Read more Objective concept of maximization of wealth
SOURCE OF FINANCE Sources of finance are the most explored area especially for the entrepreneurs about to start a new business. It is perhaps the toughest part of all the efforts. There are various sources of finance classified based on time period, ownership and control, and source of generation of finance. The … Read more Sources of Finance – Short and Long term
CAPITAL STRUCTURE The financial requirement of a firm can be met through ownership capital and/or borrowed capital. The ownership capital refers to the amount of capital contributed by the owners. In case of a company, it refers to the amount of funds raised by issuing shares. The main characteristic of the ownership capital is that … Read more Capital Structure
COST OF CAPITAL The primary meaning of cost of capital is simply the cost an entity must pay to raise funds. The term can refer, for instance, to the financing cost (interest rate) a company pays when securing a loan. In other words, Cost of capital refers to the opportunity cost of making a specific investment. It is the rate … Read more Cost of Capital
RESPONSIBILITY ACCOUNTING Responsibility accounting is a management control system based on the principles of delegating and locating responsibility. The authority is delegated on responsibility centre and accounting for the responsibility centre. Responsibility accounting is a system under which managers are given decisions making authority and responsibility for each activity occurring within a specific area of … Read more RESPONSIBILITY & SOCIAL ACCOUNTING
AUDITING Auditing is the on-site verification activity, such as inspection or examination, of a process or quality system, to ensure compliance to requirements. An audit can apply to an entire organization or might be specific to a function, process, or production step. Meaning of Auditing: Auditing is an examination of the books of accounts and … Read more Meaning & Objectives of Auditing
SOCIAL AUDIT “Social auditing is defined as a systematic attempt to identify, analyse, measure (if possible), evaluate, and monitor the effect of an organisation’s operations on society (that is, specific social groups) and on the public well-being.” Social audit as a term was used as far back as the 1950s. In a nutshell, it refers … Read more Social, Performance and Efficiency Audit
Basics of different types of Budgeting, Budgetary control Table of Content:- Budgeting- Different types of Budgeting Budgetary Control Responsibility Accounting Social Accounting Different types of Deficits- Budgetary Fiscal Revenue Deficit Budgeting Budgeting is the process of estimating the availability of resources and then allocating them to various activities of an organization according to a … Read more Basics of different types of Budgeting, Budgetary control
Name Geographical location and populations History and lineage Economic activity Social and Family life MEENA Constitute about 51.20% of population and concentrated in districts of Jaipur,Dausa,Sawai Madhopur,Rajsamand and Udaipur Word meena means fish, Chandrabhardai states their origin to the kingdom south of alwar,dausa and bharatpur prior to Rajput rule They are divided … Read more Tribes :Their history, geographical location,economy and their customs
Variable Climatic condition throughout the state has led to the development of different agricultural practices. Scientists have divided the state into following agro-climatic regions:- Western Agricultural Region:- It covers the sandy arid plains with low rainfall and thus about 70% of the net cropped area is under Kharif crops of bajra and pulses. This region … Read more Agro-climatic Regions of Rajasthan