PROFIT & LOSS

Profit and loss   IMPORTANT FACTS Cost Price: The price, at which an article is purchased, is called its cost price, abbreviated as C.P.   Selling Price: The price, at which an article is sold, is called its selling prices, abbreviated as S.P.   Profit or Gain: If S.P. is greater than C.P., the seller is said to have … Read more PROFIT & LOSS

03/07/2017 UKPCS Daily Current Affairs

Uttarakhand   Uttarakhand to gift books on Hanuman to VIPs, not flowers.   Dignitaries who visit Uttarakhandwill now be greeted with books on the hill state instead of a bouquet of fresh flowers, the traditional token of welcome accorded to high-ranking guests.   The purpose of the initiative is to ensure that inspiring stories of lives … Read more 03/07/2017 UKPCS Daily Current Affairs

DISCOUNT

Discount   The discount is referred to the reduction in the price of some commodity or service. It may anywhere appear in the distribution channel in the form of modifications in marked price (printed on the item) or in retail price (set by retailer usually by pasting a sticker on the item) or in list price (quoted for the buyer). The discount is provided … Read more DISCOUNT

MARKETING MIX  

  Marketing involves a number of activities. To begin with, an organisation may decide on its target group of customers to be served. Once the target group is decided, the product is to be placed in the market by providing the appropriate product, price, distribution and promotional efforts. These are to be combined or mixed … Read more MARKETING MIX  

Development of Industries : Types of Industries;factors of industrial location, distribution and changing pattern of selected industries [iron and steel, cotton textile, sugar and petro- chemicals); Weber’s theory of industrial location-lts relevance in the modern world.

  Based on the value addition and tangibility broadly we can have three types of industries – primary industries,secondary industries and tertiary industries. Primary industries are usually very simple industries involving processing of raw materials to give input goods for secondary industries. Here value addition is usually minimal and they are usually material oriented.Scale of … Read more Development of Industries : Types of Industries;factors of industrial location, distribution and changing pattern of selected industries [iron and steel, cotton textile, sugar and petro- chemicals); Weber’s theory of industrial location-lts relevance in the modern world.

22.08.2017 Uttarakhand (UKPCS) Current Affairs

Uttarakhand   After Himachal and Uttarakhand, Arunachal adopts national policy for Tibetans   In a noble gesture for the Tibetans living in exile in India, the Arunachal Pradesh has also adopted the Tibetan Rehabilitation policy act. Himachal Pradesh and Uttarakhand had already done the same in 2015 after the center government of India has formalized this act in 2014. … Read more 22.08.2017 Uttarakhand (UKPCS) Current Affairs

United Nations and its specialized agencies

The United Nations (UN) is an intergovernmental organization established on 24 October 1945 to promote international cooperation. It was founded to replace the League of Nations following World War II and to prevent another conflict. When it was founded, the UN had 51 Member States; there are now 193. Most nations are members of the UN and send diplomats to the headquarters to hold meetings … Read more United Nations and its specialized agencies

Parliamentary Form of Government

Parliamentary form of Government is the system of government in which there exists an intimate and harmonious relationship between the executive and the legislative departments, and the stability and efficacy of the executive department depend on the legislature.Its a system of government in which the power to make and execute laws is held by a … Read more Parliamentary Form of Government

04/07/2017 UKPCS Daily Current Affairs

Uttarakhand   Pantnagar airport to be expanded, modernise.   The only airport in Kumaon region at Pantnagar will soon be expanded and modernised to improve connectivity by increasing flight frequency to various destinations across the country. The project — to be executed by the Airport Authority of India (AAI) — will come up at an approximate cost of Rs … Read more 04/07/2017 UKPCS Daily Current Affairs

MANAGEMENT    

  Management is a process of designing and maintaining an environment in which individuals, working together in groups, accomplish selected aims. In other words,”It is the accomplishment of Goals through others.” Management has been used in different senses. Sometimes it refers to the process of planning, organizing, staffing, directing, coordinating and controlling at other times … Read more MANAGEMENT