Showing posts from February, 2017
Quartile Deviation: The QD is half of the difference between the upper and lower quartiles. Symbolically, QD= ½ (Q3- Q1) Quartile Deviation is an absolute measure of dispersion. The relative meas…
Termination of the membership can take place in two ways: 1. Voluntary termination (by act of the parties) 2. Compulsory termination (by operation of law) 1. Voluntary/by act of the parties termination: A person ceases to be…
A person may become a member or shareholder of the company in any one of the following ways: 1. By subscribing to the Memorandum of Association: The subscriber to the Memorandum of a company are deemed to have agreed to become a…
Who is a Member of Company? The members of a company are the persons who collectively constitute the company as a corporate entity. Section 2(55) of the companies Act, 2013 defines a member as: 1. The subscription to MOA of a c…
Legal Effect of Memorandum and articles of association (Sec. 10 of the Companies Act, 2013) Under sec.10 of the Companies Act, 2013, the memorandum and the articles when registered, shall bind the company and its members to the …
Prospectus: Section 2(70) of the Companies Act, 2013 defines a prospectus as ““A prospectus means Any documents described or issued as a prospectus and includes any notices, circular, advertisement, or other documents inviting d…
Range is defined as the difference between the value of the smallest item and the value of the largest item included in the distribution. It is the simplest method of measuring dispersion. Symbolically, • Range= Largest value (L…
Telephone banking: Telephone banking is a service provided by a bank or other financial institution, that enables customers to perform a range of financial transactions over the telephone, without the need to visit a bank branch…
Factoring is a service of financial nature involving the conversion of credit bills into cash. Accounts receivables, bills recoverable and other credit dues resulting from credit sales appear, in the books of accounts as book cre…
Dispersion is the measure of variation of items. It measures the extent to which the items vary from central value. Dispersion is also known as average of the second order. In the words of Brooks and Dick, ” Dispersion is the de…
Automated Teller Machine (ATM) and ATM Card An automated teller machine or automatic teller machine (ATM), is a Computerized telecommunications device that provides the clients of a financial Institution with access to financia…
E-Banking or Internet banking Online banking also known as internet banking, e-banking, or virtual banking, is an electronic payment system that enables customers of a bank or other financial institution to conduct a range of fi…
Modern Services Provided by Bank through Internet Banking: 1. Centralized Banking Solution (CBS) CBS, an inter-branch networking and data-sharing platform helps the customers to operate their account from any city in India…
Hindustan Unilever and Nestlé India are the dominant national players in coffee, with both companies together accounting for more than two thirds of off-trade value sales. Fresh coffee is mostly consumed in South India and is dom…
Urban Railways As for urban railways, India is planning to develop metro systems in all of its large cities, as they are facing high levels of congestion due to a rapidly urbanising population. Plans for greenfield and brownfiel…
1. Industry Risks The Indian construction industry is relatively large in comparison to its peers; however, the sector is dominated by a handful of large players who alone posses the expertise to execute several mega-projects tha…
Major impediments to Infrastructure Development in the Country • Financing • Land Acquisition • Regulatory Framework • Delay in Clearances & Implementation • Slack capacity • Uneven private participation • Governance r…
China’s Total Water Borne Freight China has a total of 235 ports including both coastal and inland ports. Shipping in China is under the control of the ministry of Communications. At present the Beijing government is keen to stop…
Vodafone Group is one of the leading providers of mobile telecom services in Europe, the Middle East, Africa, Asia Pacific and the US. The group enjoys a strong recognition for its brand Vodafone. Significant brand recognition pr…
P&G is the world's largest consumer goods company that markets more than 300 brands in over 180 countries. The company is engaged in producing beauty, health, fabric, home, baby, family and personal care products. The com…
