Financial environment refers to the environments within which a firm operates. Generally, a financial environment comprises of the finance manager, financial market and investors. The financial market may be the primary, secondary and the money market. Primary Market: It refers to the market where new shares or securities are issued by the companies. Secondary Market: This refers to the market [...]
Finance is a wide term and is considered the science of managing funds. In ordinary parlance, finance means liquid funds or cash reserves to be utilized for various purposes, but in business, it means the funds needed to complete a project. In both cases, the essence of the word remains the same—the change is only the amount of money. It [...]
Meaning: National income was the most suitable indicator of economic development. It refers to increase in economy's real national income over a long period of time. National income can be studied as gross national of product (GNP) or Gross Domestic Product (GDP). Out of the two, GDP is generally preferred to GNP as this gives the true performance of the [...]
It has been observed that deforestation, while changing a mountain belt from stable to unstable, creates a number of problems. We can actually see the different stages of such a change—stability, vulnerability, fragility and finally instability (Messerli, 1985). The term 'stability' implies the long- term sustainability in the use and exploitation of land and natural resources in each ecological belt, [...]
The ecosystem is the basic structural and functional unit of ecology. The term ecosystem was first proposed by Tansley in 1935. Traditionally, an ecosystem is defined as any unit that includes all the living organisms (the community) in a given area interacting with the physical environment so that a flow of energy leads to clearly defined trophic structure, biotic diversity [...]
Bhakti Movement in the Deccan: The Bhakti movement in the South led by Swami Shankaracharya, Nathmuni, Ramanuja and Nimbarka aimed at reforming the Hindu society. It condemned caste system, laid stress on the brotherhood of man and unity of God. It decried the observance of unnecessary rituals. Jnaneshwar, a leading saint of the Bhakti movement played a prominent role in [...]
The people in the Punjab rose in revolt against the Government as elsewhere. In return the Government was in readiness to face the challenge. In this uncongenial atmosphere between the Government and the people, there happened an unprecedented event in the city of Amritsar. The city observed complete hartal in a peaceful manner. But the Government arrested two eminent leaders [...]
The most famous disciple of Ramakrishna was Nerendranath Dutta. Who became renowned as Swamin Vivekananda. After the death of Ramakrishna in 1866 Vivekananda came forward to fulfill his mission. Vivekanand was born in Calcutta in 1863 in a Kayasta family. He was well educated in school and college. First he was attracted towards Brahmo samaj and then drank deeply the [...]
Ramakrishna was born in 1836 in a brahimin family of kamarpukur village in Hooghly district of Bengal. He took up the family profession to worship at the age of nine. He became the head priest of Dakhineswar Kali temple where his elder brother the head priest of the Dakhineswar Kali temple where his elder brother was the chief priest. He [...]
Mahavira Jaina and Gautama Buddha were great contemporaries. Both of them represented the mental upsurge of their age for newness and reform. Both were the founders of new religions, and both were reformers of the existing society and faith. Both Jaina and Buddha came from the Kshyatriya princely families, and not from the Brahmin priestly class. Both of them denied [...]