India's Fiscal Deficit Hits Around 115% of FY19 Target

India’s fiscal deficit in the first eight months of FY2018-19 rose to Rs 7.17 lakh crore, hitting around 115% of the budgeted target for the current financial year, breaching the target of Rs 6.24 lakh crore set by the government ..

Month: Current Affairs - December, 2018

What is Asset Turnover Ratio?

Asset Turnover Ratio is a vital determinant of performance of any company and is basically the ratio of company’s sales or revenues and the value of its assets. It is used to gauge the efficiency of use of a company’s ..

What is ‘Accrual Accounting’?

Accrual Accounting is a technique of accounting in which transactions viz. revenue and expenses are recorded as and when they are incurred irrespective of when the cash is exchanged. This is highly significant in the assessment of the health of ..