ANAND

Maharatna Navratna and Miniratna companies

Economics, Indian Economic Development, New Economic Policy /

Understanding Miniratna, Navratna and Maharatna Companies in India What are Maharatna Navratna and Miniratna companies Miniratna, Navratna, and Maharatna Miniratna Navratna Maharatna Scroll down to learn more What are these special companies? In India, the government owns many companies that provide important services and products to people. These are called Public Sector Undertakings (PSUs). The […]

Maharatna Navratna and Miniratna companies Read More »

Liberalization In India 1991

Economics, Indian Economic Development, New Economic Policy /

Understanding Liberalization: From License Raj to Economic Freedom Liberalization in Indian Economy Let’s explore how India transformed its economy from strict government free market! 🚀 What Does “Liberal” Mean? 💡 Simple Definition Liberal = Freedom + Independence Think of it as having the freedom to make your own choices! 🚫 Strict Parents “You cannot go

Liberalization In India 1991 Read More »

T R Jain National Income Solutions – (2025-2026)

Economics, National Income Accounting /

T R Jain Introductory macro economics is a suggested book for students of class XII CBSE Boars. T R Jain Economics class 12 book is strongly recommended for students for preparing for macroeconomics paper. Its explanation of concepts is quite simple to understand. This books makes it easy to understand the economics concepts in an

T R Jain National Income Solutions – (2025-2026) Read More »

Precautions of Expenditure Method of National Income

Economics, National Income Accounting /

Expenditure Method Precautions: Complete Guide for Students 📊 Expenditure Method Precautions Master the precautions of expenditure method for Calculating National Income Why These Precautions Matter When calculating national income using the expenditure method, we need to be very careful about what we include and what we don’t. Think of it like making a recipe –

Precautions of Expenditure Method of National Income Read More »

Precautions of Income Method of National Income

Economics, National Income Accounting /

Income Method Precautions: Complete Guide for Students 💰 Income Method Precautions Master the precautions while calculating National Income by Income method 🎯 What You’ll Learn When calculating national income using the income method, we need to be super careful about what to include and what to exclude. Suppose you are making a recipe and if

Precautions of Income Method of National Income Read More »

Investment Fluctuation Reserve Journal Entry

Accounts, Partnership Accounts, Reconstitution /

Investment Fluctuation Reserve – Accounting Guide Investment Fluctuation Reserve Understanding Accounting Treatment on partnership reconstitution Comprehensive Guide for Accounting Students What is Investment Fluctuation Reserve? Investment Fluctuation Reserve (IFR) is a reserve, created to meet the losses, that may occur in the future, due to a fall in the value of investments. It acts as

Investment Fluctuation Reserve Journal Entry Read More »

Factor Income vs Transfer Income

Economics, Basic concepts of macro economics /

Factor Income vs Transfer Income – Economics Explained Factor Income vs Transfer Income Easy-to-understand economics for students with real-life examples What’s the Difference? In economics, income can be classified into two main types: Factor Income and Transfer Income. Understanding the difference between them is important because: Key Difference Factor income is included in national income

Factor Income vs Transfer Income Read More »