RBI Notification for Microfinance Loans [2022]

RBI Notification 2022

Introduction With respect to the RBI notification with DoR.FIN.REC.95/03.10.038/2021-22, dated on 14th March, 2022, here are the directives for Microfinance Lenders.

Factors of Production : Introduction and Characteristics

FOP

Introduction to Factors of Production (FOP) Factors of production (FOP) is an economic terms. FOP are basically all the inputs which are required to produce other goods and services for economic profit. Factors of Production are also known as ‘Inputs’ and ‘Agents of Production’. There are four universally recognized factors of production: Land Land refers … Read more

Macroeconomic variables of Nepal [2020/2021]

Introduction to Macroeconomic Variables Macroeconomic variables are those economic indicators which indicates the current trends of the economy. In simpler terms, macroeconomic variables are those phenomenon, patterns or conditions that reflect or relate a large aspect of an economy. Such variables preview the overall performances of an economy. Introduction to Nepal and Nepalese Economy Nepal … Read more

Goods in Economics : Meaning and Classification

economic good

Meaning of good Good is any item that adds some kind of value to the lives of people in any form. Good can be any tangible item that satisfies the want of the consumers. In factor of production, a good is the output of an economic system. Features of goods Classification of goods Normal Goods … Read more

“SHARKS” of Shark Tank India (Investor Panel)

Introduction Shark Tank India is a reality show aired in Sony Television Network in December 2021. This is one of the most promising shows of recent time. In this show, aspiring entrepreneurs from all over India pitch their business ideas and model to a panel of investors and persuade them to invest their money in … Read more

What is a Non-Fungible Token (NFT) ?

non-fungible token

Introduction to Fungible and Non-Fungible  Before we discuss NFT i.e. non-fungible token, it is important to understand the meaning of ‘fungibility’. A fungible item is anything that is interchangeable with another unit of the same item i.e. one unit of ‘x’ is interchangeable with any one unit of ‘x’. For instance, one dollar is equivalent … Read more

System Approach Theory of Management

Introduction  Ludwig von Bertalanffy introduced General System Theory of Management in 1968 in a publication “General System Theory: Foundations, Development, Applications”. The basic idea of this theory is that a system is better than the parts which mean, multiple parts/departments/subsystems/components work harmoniously to yield the optimal benefit to a larger system.To understand this approach/theory, we … Read more

Financial Innovation

Introduction Financial innovation means development of new financial instruments, services and markets using new and innovative technology. It is an inclusion of new financial applications and instruments with help of technology in the market. It is the process of creating new products, processes, application software, or services related to the finance and investment  sector. This … Read more

Quantitative Research vs Qualitative Research

Introduction A research is a process of structured inquiry that requires collection of data; documentation of information; and analysis and interpretation of that information, in accordance with suitable methodologies. There are broadly two types of research methods: Definition QUANTITATIVE RESEARCH QUALITATIVE RESEARCH  It is a research which collects and analyzes numerical data to establish a … Read more