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Introduction and Basic concepts of Statistics

 Meaning and Definition of Statistics Meaning of Statistics The word Statistics is usually used in two senses. They are -  In plural form, it stands for numerical facts (facts expressed in numbers) pertaining to a collection of objects, a situation or a phenomenon. Thus, Statistics' relating to the strength of a college are "The strength of the college is 2,500 of which 800 are girls. 1500 students inclusive of 500 girls, study in degree classes". In singular form, it stands for the science of collection, organization, analysis and interpretation of numerical facts or data. Definition of Statistics Prof. Horace Secrist defines Statistics as follows.  "By Statistics we mean, aggregate of facts affected to a marked extent by multiplicity of causes, numerically expressed, enumerated or estimated according to reasonable standards of accuracy, collected in a systematic manner for a pre-determined purpose and placed in relation to each other."  Characteristics of Stat...

Business Statistics - I

 Introduction to statistics Origin of Statistics The origin of the word Statistics has been traced back to the Latin word 'Status', the German word 'Statistik', and the French word 'Statistique'. All these words mean State - a political state. Thus, Statistics is closely linked with the administrative affairs of a state.  In India, a system of collecting official and administrative statistics existed more than 2000 years ago. From Kautilya's 'Arthashastra', it is known that even in the period of Chandragupta Mourya (300 B.C), registration of births was in practice. From the book Ain-i-Akabari wrttien by Abul Fazal in 1596, it is known that during the period of Akbar, Statistical surverys were conducted. No government can remain ignorant of facts and figures regarding defence force, population, food, financial resources, etc. Initially, such facts and figures were called Statistics. Subsequently, the crude methods of collecting facts underwent a chang...

NET/SET COMMERCE AND MANAGEMENT E-QUIZ/E-CERTIFICATE COURSE

WELCOME to NET/SET COMMERCE AND MANAGEMENT E-QUIZ/E-CERTIFICATE COURSE Dear Learners,  This E-Quiz/Certificate Course has been closed now. But for the benefit of Learners, we are providing all the materials related to NET/SET Commerce and Management at one place here.  Click here to download UGC NET Commerce Syllabus. Click here to download UGC NET Management Syllabus. Click here to download Day - 1 answers with explanation. Click here to download Day - 2 answers with explanation. Click here to download Day - 3 answers with explanation. Click here to download Day - 4 answers with explanation. Click here to download Day - 5 answers with explanation. Click here to download Day - 6 answers with explanation. Click here to download Day - 7 answers with explanation. Click here to view results of NET/SET Commerce and Management E-Quiz/E-Certificate Course. Click here to view Documentary video on National Level Seven Days E-quiz/Certificate Course. Click here to download Certific...

Important Reference Books for UGC NET/SET COMMERCE

Business Environment and International Business Charles W.L. Hill: International Business, eighth edition Tata McGraw Hill Education Private Ltd.,  Misra and Puri, Economic Enivironment of Business, Himalaya Publishing House., Aswathappa .K, International Business, Tata McGraw Hill Education: Sixth Edition  Francis Cherunilam – International Business/Business Environment., Subba P. Rao – International Business Text & Cases. Accounting and Auditing M.C. Shukla: Advanced Accounts S. Chand and Co., New Delhi  S.P. Jain and K.L. Narang: Advanced Accounting, Kalyani Publishers, New Delhi  Shukla and Grewal : Advanced Accounts, S.Chand and Company Ltd., New Delhi. Dr. S. N. Maheswari: Financial Accounting, Vikas Publications Tulsian, Advanced Accounting S.P. Iyengar : Cost Accounting Principles and Practice, Sultan Chand and Sons, New Delhi   R.S.N. Pillai and V. Bagavathi – Cost Accounting, S. Chand and Company Ltd. New Delhi. IFRSs, Taxman Publications (Blu...

Book of the Day

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One of the nice and simple book for NET/SET aspirants in Cost Accounting.  It is helpful to all students who purses higher education in the field of Commerce and Management including CA/CS/CMA/NET/SET etc., Click on the  image of the book, it will direct you to access through google books at free of cost.

Book of the Day

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One of the nice book for NET/SET aspirants in the field of Financial Management. The book highlights the modern, analytical approach to corporate finance decision-making. It is helpful to all students who purses higher education in the field of Commerce and Management including CA/CS/CMA/NET/SET etc., Click on the  image of the book, it will direct you to access through google books at free of cost.

Book of the Day

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One of the nice book for NET/SET aspirants in the field of statistics. It is helpful to all students who purses higher education in the field of Commerce and Management including CA/CS/CMA/NET/SET etc., Click on the  image of the book, it will direct you to access through google books at free of cost.

Book of the Day

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Most of the law aspects required for business are covered in this book. This book includes industrial law also and it is helpful to all students who purses higher education in the field of Commerce and Management including  CA/CS/CMA/NET/SET etc., Click on the image of the book, it will direct you to access through google books at free of cost.

Book of the Day

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This book is good for NET/SET aspirants as it covers both International Business and Marketing concepts of south asia with lot of practical examples and cases.  Click on the  image of the book, it will direct you to access through google books at free of cost.

Book of the Day

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One of the best book in Cost Accounting which is useful to Students and NET/SET aspirants.  Click on the  image of the book, it will direct you to access through google books at free of cost.

Book of the Day

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One of the best book in Marketing Management which is useful to Students and NET/SET aspirants.  Click on the  image of the book, it will direct you to access through google books at free of cost.

Instructions and Information from Principal about 7 days national level NET/SET E-Quiz Course

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Dear Participants, We express our gratitude to you for showing interest and participating in our  SEVEN DAYS NATIONAL LEVEL NET/SET COMMERCE AND MANAGEMENT E-QUIZ/E-CERTIFICATE COURSE  from  16th july to 22 July 2020 . It's because of your activeness we had reached to  1700+ participants  within a week. We assure you that this journey will give you some better insights required for a NET/SET aspirant.  We hereby request you to go through the video and following instructions : 1. Every day participants are requested to  check email/telegram/whats App group  without fail to stay in touch for future updates and daily quizzes ( especially immediate after 11 AM ) 2. All the participants are requested to go through the  instructions given daily before going to form  on your convenient time every day.   3. Participants can go through the form any time throughout the day from 11 AM (within 24 Hrs). 4.  Participants queries a...

Notes on Environment Protection Act,1986

Environment Protection Act,1986  The Environment (Protection) Act was enacted in the year 1986. It was enacted with the main objective to provide the protection and improvement of environment and for matters connected therewith. The Act is one of the most comprehensive legislations with a pretext to protection and improvement of the environment.  The Constitution of India also provides for the protection of the environment. Article 48A of the Constitution specifies that the State shall endeavour to protect and improve the environment and to safeguard the forests and wildlife of the country. Article 51 A further provides that every citizen shall protect the environment.  Objectives  As mentioned earlier, the main objective of the Act was to provide the protection and improvement of environment and for matters connected therewith. Other objectives of the implementation of the EPA are: To implement the decisions made at the UN Conference on Human Environment held at...

Notes on Foreign Exchange Management Act, 1999

 Foreign Exchange Management Act, 1999 Introduction   India adopted reforms in all sectors from 1991 in the name of   Liberalisation, Privatisation and Globalization.    Earlier Foreign Exchange Regulation Act 1973 was in force   But it was not adequate in the changed scenario, so that act was repealed by the new act.   The act was passed on 2nd December 1999 and came into force with effect from 1st June, 2000.   This Act applies to the whole of India.   Objectives    To facilitate external trade and payments.   To promote orderly development and maintenance of foreign exchange market in India.   To restrict current account transactions by the centre in consultation with the RBI.   To allow foreign exchange and flow only for transactions that are permitted on capital account.   Silent features    Dealings in foreign exchange. (Sec.3)   Holding of foreign exchange. (Sec.4)   Current account tra...