E – Banking popularity has risen very fast over the past few years and nowadays the young generation prefers those banks which provide this facility and that is the reason why majority of banks are providing this facility when you open an account with the bank. E – Banking provides whole gamuts of services, given [...]

Money back policy refers to that insurance policy under which the insured gets periodic payments from the insurance company, which is not the case with other policies where the insured gets money only after stipulated time or on death of the person and not regularly. One benefit of this policy is that if the insured [...]

Law of demand is one of the principal of economics according which as the price of normal good rises the demand for that good will decrease as people will buy its substitutes and as the price of normal good falls demand will rise. Given below is the example of law of demand – Suppose the [...]

Non Executive Director is different from normal directorial position in the sense that non executive director does not participate in day to day activities of the organization. They are not the employees of the company rather they are experts in their field and therefore they are there in the company for specific posts or functions [...]

ADR is the term used in the context of stock markets, full form of ADR is American Depository Receipt. It refers to the receipts which are issued by the bank which is located in America to the people who are interested in buying shares of the company which is not located in USA. These receipts [...]

Degree of operating leverage is a concept which is used to calculate the effect of change in earnings of the company due to the change in sales of the company. Given below is the degree of operating leverage formula – Percentage change in EBIT/Percentage change in sales It can better explained with the help of [...]

Non durable goods are those which get exhausted very quickly and therefore they can be used by the consumer for a limited period of time, usually they get consumed after using them one time only. Given below are non durable goods examples – Fruits like Apple, grapes, orange and so on Food items like pizza, [...]