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The current account balance is one of two major measures of a country's foreign trade (the other being the net capital outflow). A current account surplus indicates that the value of a country's net foreign assets (i.e. assets less liabilities) grew over the period in question, and a current account deficit indicates that it shrank. Both ...
In 2014, the conduct of the National Eligibility Test for grant of a junior research fellowship and eligibility for assistant professor in institutions of higher learning was outsourced to CBSE. [9] Apart from these tests, CBSE also conducts the Central Teacher Eligibility Test and the Class X optional proficiency test. [9]
The SBOA School & Junior College affiliated to the CBSE board was then started for the educating bank's officers' children. In 1983, the SBIOA Educational Trust started a new school providing education in matriculation board syllabus on the same campus and called it the SBOA Matriculation and Higher Secondary School. [1]
Business Studies is taught at the higher secondary level (Class 11 and 12) for students who have taken the Commerce Stream subject. According to the Central Board of Secondary Education, Business Studies is a compulsory subject for Commerce Stream along with Economics and Accountancy students. At the state board, the subject code for Business ...
National Institute of Open Schooling (NIOS), National Board of education by MHRD, Govt. of India to provide education in rural areas and challenged groups in open and distance education mode – a pilot project started by CBSE to provide high class affordable education, provides education up to 12th standard. Choice of subjects is highly ...
Unified Payments Interface (UPI) is an instant real-time payment system developed by National Payments Corporation of India facilitating inter-bank transactions. The interface is regulated by the Reserve Bank of India and works by instantly transferring funds between two bank accounts on a mobile platform .
Accounting, also known as accountancy, is the process of recording and processing information about economic entities, such as businesses and corporations. [1] [2] Accounting measures the results of an organization's economic activities and conveys this information to a variety of stakeholders, including investors, creditors, management, and regulators. [3]
The most common type, purchases, occur when a good, service, or other commodity is sold to a consumer in exchange for money. Most purchases are made with cash payments, including physical currency, debit cards, or cheques. [3] The other main form of payment is credit, which gives immediate access to funds in exchange for repayment at a later ...