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Marginal Cost

Post author:investortonight
Post published:12/04/2021
Post category:Uncategorized
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What is Marginal Cost? Marginal Cost Definition According to I.C.M.A. London, marginal cost is defined as “The amount at any given volume of output by which aggregate costs are changed…

Classification of Cost

Post author:investortonight
Post published:12/04/2021
Post category:Cost and Management Accounting
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Classification of Cost Natural Classification of CostAccording to VariationDegree of changeabilityDegree of RelationFunctional Classification of CostAssociation with the Accounting PeriodCosts for Decision-Making and PlanningCosts for ControlOther Costs Classification is the…

Cost Accounting: Definition, Objectives, Advantages, Limitations

Post author:investortonight
Post published:10/04/2021
Post category:Cost and Management Accounting
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What is Cost Accounting? Cost Accounting is defined as the process of accounting for cost which begins with the recording of income and expenditure or the bases on which they…

Insurance

Post author:investortonight
Post published:03/09/2020
Post category:Financial Management
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What is Insurance? Insurance is defined as a co-operative device to spread the loss caused by a particular risk over a number of persons who are exposed to it and…

Merchant Banking

Post author:investortonight
Post published:02/09/2020
Post category:Financial Management
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The Notification of the Ministry of Finance defines merchant banker as “Any person who is engaged in the business of issue management either by making arrangements regarding selling, buying or…

National Bank for Agriculture and Rural Development (NABARD)

Post author:investortonight
Post published:02/09/2020
Post category:Financial Management
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Reserve Bank of India established in 1935 with a Mandate to set up a special Agricultural credit Department (ACD) with expert staff. RBI initiated different measures to develop a healthy…

Nationalization of Commercial Banks

Post author:investortonight
Post published:02/09/2020
Post category:Financial Management
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The role of public sector banks increased after nationalization of commercial banks. On I July 1955, the government of India took over imperial Bank of India and converted it into…

Commercial Banks

Post author:investortonight
Post published:02/09/2020
Post category:Financial Management
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Commercial Banks is financial Institution that accepts deposits for the purpose of lending. In other words, commercial Banks provide services such as accepting deposits, giving business loans and also allow…

Indian Financial Institutions

Post author:investortonight
Post published:01/09/2020
Post category:Financial Management
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Indian Financial Institutions The Indian banking structure has a wide and comprehensive form. Apex institutions in the form of banking institutions are playing important role in the country. The chief…

Functions of Banks

Post author:investortonight
Post published:01/09/2020
Post category:Financial Management
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Functions of Banks Modern banks not only deal in money and credit creation, other useful functions management of foreign trade, finance etc. The meaning of modern banks is used in…