WBPSC Prelims and Mains Notes-WBPSC Test Series
The financial requirement of a firm can be met through ownership capital and/or borrowed capital. The ownership capital refers to the amount of capital contributed by the owners. In case of a company, it refers to the amount of funds raised by issuing shares. The main characteristic of the ownership capital is that its … Read more
Electrostatic The basic principle of electrostatics is based on the fact the electric charges attract or repel other charges depending on their relative signs and the law of force is given by Coulomb‘s law. Coulomb’s law states that: The magnitude of the electrostatic force of interaction between two point charges is directly proportional to the … Read more
Components of Money Supply M1 Consists of currency with the public (ie notes & coins in circulation minus cash with the banks) plus demand deposits with the bank (deposits which can be withdrawn without notice) plus other deposits with RBI (usually negligible). Also called narrow money M2 M1 + saving … Read more
Boat and stream problems is a sub-set of time, speed and distance type questions where in relative speed takes the foremost role. We always find several questions related to the above concept in SSC common graduate level exam as well as in bank PO exam. Upon listing the brief theory of the issue below … Read more
Most of the knowledge we have about Earth’s deep interior comes from the fact that seismic waves penetrate the Earth and are recorded on the other side. Earthquake ray paths and arrival times are more complex than illustrated in the animations, because velocity in the Earth does not simply increase with depth. Velocities generally … Read more
An internal control is a procedure or policy put in place by management to safeguard assets, promote accountability, increase efficiency, and stop fraudulent behaviour. In other words, an internal control is a process put in place to prevent employees from stealing assets or committing fraud. An internal control is a business practice, policy or … Read more
The founder of the Chola Empire was Vijayalaya, who was first feudatory of the Pallavas of Kanchi. He captured Tanjore in 850 A.D. He established a temple of goddess Nishumbhasudini (Durga) there. Aditya I succeeded Vijayalaya. Aditya helped his overlord the Pallava king Aparajita against the Pandyas but soon defeated him and annexed … Read more
A Financial Statement is an organized collection of data according to logical and consistent accounting procedures. Its purpose is to convey an understanding of some financial aspects of a business firm. It may show assets position at a moment of time as in the case of balance sheet, or may reveal a series of … Read more
AUDITING Auditing is the on-site verification activity, such as inspection or examination, of a process or quality system, to ensure compliance to requirements. An audit can apply to an entire organization or might be specific to a function, process, or production step. Meaning of Auditing: Auditing is an examination of the books of accounts and … Read more
Rajasthan Mineral Policy 2015 Rajasthan may put about 400 small size mining leases of minerals like granite,marble and quartz under the hammer in 2015 as it looks to expand its area under mining as well as increase revenue. 9% of total mineral production in the country, is also exploring joint ventures (JV) with multi national companies (MNCs) … Read more