Key Components of Economics: A Comprehensive Guide By Shahid Siddiqui Version : 1.1 – 11/12/2024 Economics :- The term “economic” relates to the study or system of production, distribution, and consumption of goods and services. It can refer to various aspects, such as: Economic Systems: Capitalism, socialism, mixed economies. Economic Policies: Fiscal policy, monetary policy,…
Update version : 1.0-11-12-2024 जिंदगी के पहलू में रिश्ते की हकीकत रिश्ते जीवन का आधार हैं। वे हमारे अनुभवों, भावनाओं और विचारों का मूलभूत हिस्सा होते हैं। परंतु क्या हमने कभी सोचा है कि इन रिश्तों की सच्चाई क्या है? हम सबने कभी न कभी रिश्तों के उतार-चढ़ाव को महसूस किया है। यह किताब जीवन…
भारत में बेरोज़गारी: एक बड़ी चुनौती भारत, जो दुनिया के सबसे अधिक जनसंख्या वाले देशों में से एक है, आज बेरोज़गारी जैसे गंभीर मुद्दे से जूझ रहा है। यह समस्या न केवल आर्थिक विकास को बाधित करती है बल्कि सामाजिक असमानता को भी बढ़ावा देती है। विविध और विशाल कार्यबल के बावजूद, बेरोज़गारी दर में…
Understanding of Balance Sheets A balance sheet provides the financial position of a company at a specific point in time. The position of the company is divided into three main sections: equity (ownership), assets (resources), and liabilities (obligations). Importance of Balance Sheet: To analyze the company’s financial position: It helps in understanding the assets, liabilities,…
Financial analysis is not just about evaluating a company’s data; it is also the process of understanding the company’s position and performance. Process of understanding the company’s position and performance. Purpose of financial analysis Data Collection Processing the Data Analyze/interpret the data Develop and communicate conclusions and recommendations Follow-up. Purpose of financial analysis :-
We live in an AI world By Shahid Siddiqui Artificial Intelligence (AI) is no longer just a concept from science fiction. It has become a part of our everyday lives, transforming how we work, communicate, and solve problems. From smartphones to smart homes, AI is everywhere, making life simpler, faster, and more efficient. Feature of…
Economists classify a market into one of four structures: Perfect Competition, Monopolistic Competition Oligopoly Monopoly Perfect competition :- Perfect Competition refers to a market structure where there are a large number of sellers and buyers, and each seller offers a homogeneous (identical) product. In this type of market, no single seller or buyer can influence…
Concept of Inflation ➖ Inflation in economics refers to the general increase in the price level of goods and services in an economy over a period of time. When inflation occurs, each unit of currency buys fewer goods and services than it did before, resulting in a decrease in purchasing power. Key Concepts Related to…
Concept of Equilibrium ➖ Equilibrium in economics refers to a state where market forces—specifically demand and supply—are balanced, meaning the quantity of a good or service demanded by consumers is equal to the quantity supplied by producers at a given price. This results in a stable situation where there is no inherent tendency for change,…
A PRIMARY benefit derived from an organization employing control self-assessment (CSA) techniques is that it: A. A can identify high-risk areas that might need a detailed review later B. allows IS auditors to independently assess risk C. can be used as a replacement for traditional audits D. allows management to relinquish responsibility for control.