our country India has mixed economy model that comprises both capitalism and socialism. In our country‚ India uses the Wholesale Price Index (WPI) to calculate inflation rate. Inflation is calculated on a weekly basis. The present day process being used in India has been Wholesale price index (WPI) while several other developed countries adopt the Consumer Price Index (CPI) to calculate inflation. The demographics and structures of India don’t permit it to adopt the consumer price index system
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Unemployment as a Measure of Welfare Unemployment‚ as defined in books‚ is a situation wherein a person is jobless but is actively looking for work. To get the unemployment rate‚ we divide the total number of unemployed to the total labor force. Unemployment rate is sometimes used to determine the economic growth of a country. Unemployment has remained high in the Philippines for the past years. Since unemployment means no job‚ it is usually believed to be the cause of poverty. Our government
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IFRS 13 Fair Value Measurement applies to IFRSs that require or permit fair value measurements or disclosures and provides a single IFRS framework for measuring fair value and requires disclosures about fair value measurement. The Standard defines fair value on the basis of an ’exit price’ notion and uses a ’fair value hierarchy’‚ which results in a market-based‚ rather than entity-specific‚ measurement. IFRS 13 was originally issued in May 2011 and applies to annual periods beginning on or after
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human resource no industrial unit can survive. In every industrial unit the human resource requires some basic facilities inside the premises to perform the job properly. These basic facilities are termed as welfare measures in the Factories act 1948. The need for adoption of welfare measures as a means to increase the workers productive efficiency‚ to keep up these moral and for the maintain of 1 industrial peace which has then realized by all section of the society. The main objectives of this
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lax regulations and ineffective methods of determining current values of non-current assets. These problems within Fair Value Accounting have ensured that most companies conservatively remain using Historical Cost Accounting. What are Historical costs? Historical cost is a generally accepted accounting principle requiring all goods or assets used in production to be valued by the expenditures actually incurred to acquire those goods or assets‚ however far back in the past those expenditures took place
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provinces‚ municipalities and barangays had been established. The local government has its own programs that deal with improving the profitability of the communities within its jurisdiction. From these programs‚ revenue generation measures arise. Revenue generation measures refer to defining a revenue focus in the local community‚ developing an align strategy that runs through the office of the local officials to every corner of the local government‚ creating a structure efficiently and consistently
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ENPC-EHTP-MBAXIV A MA 1407 : Business Economics in a Global Market Individual Assignment GDP vs. Welfare The Moroccan Example Othmane Bouzoubaa Student ID : MA14 - 016 April – May 2012 This paper emphasis on GDP as an inefficient measure of welfare using arguments from the Moroccan example. MBAXIV A – MA 1407 – Business Economics in a Global Market GDP & Welfare – The Moroccan Example Table of Contents 1. 2. 2.1 2.2 2.3 3. 3.1 3.2 4. 5. Introduction .............................
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In the Army‚ personal hygiene is defined as the measures each individual must employ to keep in good physical condition and the precautions he must take to protect himself from disease. As such‚ not only cleanliness of the body‚ but also proper use of insect repellents‚ avoidance of unauthorized water and food‚ and any other measure that the soldier is directed to take to preserve his health are included. The basic principle of cleanliness of person and neat appearance of troops is a traditional
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provision on such assets as per the RBI guidelines. The Indian Banking sector is facing a serious situation in view of the Mounting NPAs which are the tune of Rs.56‚000 crores in March 2002.NPAs is an important parameter in the analysis of financial performance of banks. The reduction of NPAs is necessary to improve profitability of the banks and comply with capital adequacy norms. Therefore‚ to solve the problems of existing NPAs‚ quality of appraisal supervision and follow up should be improved
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in a you tube video. The poem touches me and leaves me with a feeling of achieving a higher greatness. The poem is just this. “Our deepest fear is not that we are inadequate. Our deepest fear is that we are powerful beyond measure. It is our light‚ not our darkness that most frightens us. We ask ourselves‚ Who am I to be brilliant‚ gorgeous‚ talented‚ fabulous? Actually‚ who are you not to be? You are a child of God. Your playing small does not serve the world. There is nothing enlightened about
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