Hydroelectricity in India has the installed capacity of 41000MW, which accounts for 15% of total installed capacity and is second highest after thermal power capacity. Hydropower is also...
Recently the Prime Minister of India has dedicated 75 digital banking units (DBU) across 75 districts to the nation. It was announced in the budget of 2022-23. Digital...
Model Answer: Base Erosion and Profit Shifting (BEPS) refers to those instances where gaps between different tax rules or bilateral treaties leads to tax avoidance causing harm to...
Model Answer: General Anti-Avoidance Rules (GAAR) are general rules that target any transaction of business arrangement that is done for aggressive tax planning, tax avoidance or tax evasion....
Sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs. Thus; it takes into account...
Food processing is the process of turning food material into food products through mechanical and chemical means. It has a great potential for value addition at every step....
A Start up is defined as a newly incorporated business entity (less than five years old) which operates in a niche/unique market segment, often with the use of...
Labour laws in India are enforced by both central and state governments, which lead to multiplicity of laws and high associated compliance costs. Effects of such complexity: Reduces...
Hint: Capital includes only those means of production which are produced by man. For example – Plant and machinery tools and instruments. The capital formation means addition to...
Hint: Capital formation is necessary for a productive economy. Domestic savings are prerequisites for that. In India, the domestic saving lacks enough potential to generate higher capital. More...
