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DEVELOPMENTAL ISSUES:
Key Takeaways Of Trump Visit:
If we remind each word said by Trump during a press conference we can conclude that Yes, India is benefited by Trump’s visit. Trump conveys his message through the conference on how to make ties and increase the Indo-US relationship in an efficient manner.
- India and the United States sign a 3 billion great deal for military choppers.
- India is going to be a major player in the next 50 to 100 years; India is going to have a phenomenal future: Trump
- India is probably the highest tariff nation in the world, says Trump
- “If the trade deal happens with India, it will be towards the end of the year,” says Trump
- “Discussed Pakistan with PM Modi; I have a good equation with Pakistan PM Imran Khan, they are working to control cross-border terrorism,” says Trump
- Trump says he talked about religious freedom with Modi, who said he wants people to have religious freedom. “We did talk about religious freedom. Prime Minister Modi wants people to have religious freedom in India…If you look back India has worked hard for religious freedom,” Trump said.
- “I didn’t discuss with PM Modi, it is up to India,” says Trump on violent incidents in New Delhi during his visit and also on the CAA act.
- “I don’t think anyone has done more than I did,” says Trump on containing radical Islamic terrorism
- “At this moment, India doesn’t have much of a problem with coronavirus,” says Trump.
Now, we just have to observe that will India implements and execute all the deals accurately and commit to openness and fair and balanced trade and bilateral trade between Indo-Us has seen growth. I hope the Indo-Us relationship will surely benefit India.
COMPLETE NOTES AT 2000/- OR 3 TOPICS 1000/- OR 5 TOPICS 1250/- TILL 10 MAR FOR 1ST 25.
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GENERAL ACCOUNTING PRINCIPLES MCQS
1-Accounting provides information on
(A) Cost and income for managers
(B) Company’s tax liability for a particular year
(C) Financial conditions of an institution
(D) All of the above
(Ans: D)
2-The long term assets that have no physical existence but are rights that have value is known as
(A) Current assets
(B) Fixed assets
(C) Intangible assets
(D) Investments
(Ans: C)
3-The assets that can be converted into cash within a short period (i.e. 1 year or less) are known as
(A) Current assets
(B) Fixed assets
(C) Intangible assets
(D) Investments
(Ans: A)
4-Patents, Copyrights and Trademarks are
(A) Current assets
(B) Fixed assets
(C) Intangible assets
(D) Investments
(Ans: C)
5-The following is not a type of liability
(A) Short term
(B) Current
(C) Fixed
(D) Contingent
(Ans: A)
6-The liabilities that are payable in more than a year and are not be liquidated from current assets
(A) Current liabilities
(B) Fixed liabilities
(C) Contingent liabilities
(D) All of the above
(Ans: B)
7-The debts, which are to be repaid within a short period (year or less) are known as
(A) Current liabilities
(B) Fixed liabilities
(C) Contingent liabilities
(D) All of the above
(Ans: A)
8-The sales income (Credit and Cash) of a business during a given period is called
(A) Transactions
(B) Sales returns
(C) Turnover
(D) Purchase returns
(Ans: C)
9-Any written evidence in support of a business transaction is called
(A) Journal
(B) Ledger
(C) Ledger posting
(D) Voucher
(Ans: D)
10-The accounts that records expenses, gains and losses are
(A) Personal accounts
(B) Real accounts
(C) Nominal accounts
(D) None of the above
(Ans: C)
11-Real accounts records
(A) Dealings with creditors or debtors
(B) Dealings in commodities
(C) Gains and losses
(D) All of the above
(Ans: B)
COMPLETE NOTES AT 2000/- OR 3 TOPICS 1000/- OR 5 TOPICS 1250/- TILL 10 MAR FOR 1ST 25.
WAP 8961215410 FOR MORE.
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Important functions performed by staff of Industrial Relations.
(i) Administration of policies and programmes of industrial relations,
(ii) Public Relations,
(iii) Labour Relations,
(iv) Recruitment, selection and placement of labourers,
(v) Formulation of rules relating to law and order situation within the organisation and their explanation,
(vi) Provision of recruitment test, intelligence test, ability test, skill test, etc.
(vii) Provision of training and education programme,
(viii) Preparing report on performance evaluation and ability evaluation,
(ix) To provide medical and health services,
(x) To advise in the solution of problems relating to education, trade, health and conduct of the employees,
(xi) To conduct survey on the attitude of the employees,
(xii) To complete record of employment of the employees,
(xiii) To conduct research on employees,(xiv) To enforce labour legislations,
(xv) To provide for redressal of employees grievances,
(xvi) To provide for collective bargaining and dialogue to minimize labour disputes,
(xvii) To provide for retirement and pension programme,
(xviii) To prepare and enforce plan regarding compensation and evaluation of individual work performance, etc.
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