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Foreign Exchange Management Act – FEMA

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The Central Government of India formulated an act to encourage external payments and across the border trades in India known as the Foreign Exchange Management Act. FEMA (Foreign Exchange Management Act) was introduced in the year 1999 to replace an earlier act FERA (Foreign Exchange Regulation Act). FEMA was formulated to fill all the loopholes and drawback of FERA (Foreign Exchange Regulation Act) and hence several economic reforms (major reforms) were introduced under the FEMA act. FEMA was basically introduced to de-regularize and have a liberal economy in India. The main objective for which FEMA was introduced in India was to facilitate external trade and payments. In addition to this, FEMA was also formulated to assist orderly development and maintenance of the Indian forex market. FEMA outlines the formalities and procedures for the dealings of all foreign exchange transactions in India. These foreign exchange transactions have been classified into two categories — Capital Accou
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INDUSTRIALIZATION

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Industrialization is usually divided into one of five categories : physical environment, raw materials, services, application of information and the knowledge sector. ROLE OF INDUSTRIALISATION IN INDIA Industrialisation is the process of manufacturing consumer goods and capital goods and of building infrastructure in order to provide goods and services to both individuals and businesses. As such Industrialisation plays a major role in the economic development of underdeveloped countries like  India  with vast manpower and varied resources. Let us discuss, in detail, the role of industrialization in the Indian economy. 1. Raising Income:  The first important role is that industrial development provide a secure basis for a rapid growth of income. The empirical evidence suggests a close correspondence between the high level of income and industrial development. In the industrially developed countries, for example, the GNP per capita income is very high at around $ 28,000. Whereas for the
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MARKETING MANAGEMENT

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marketing management as the art and science of choosing target markets and getting, keeping, and growing customers through creating, delivering, and communicating superior customer value”. Marketing management is what informs a firm’s marketing plan through the utilisation of accurate market knowledge. This is usually obtained by means of research and surveys in a systematic approach. Being thoroughly aware of a company’s current market, setting realistic goals and targets, developing new market-penetration strategies as well as implementing effective marketing plans within budget are all part of marketing management. In a nutshell, marketing management is a business function which that makes and develops an institution’s marketing strategy. Marketing management uses tools from economics as well as competitive strategy in order to analyse the industry context in which the company operates. These are, among others, Porter’s Five Forces, the analysis of strategic groups of competitors as
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HOW MANY DIFFERENT TYPES OF MBA COURSES ARE THERE IN INDIA?

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So many types  MBA courses  are available in India But i have suggest, you have to chose in which you have interest and for which you are passionate about. List of MBA courses 1. Marketing  2. Human resourse management  3. Business planning  4. Finance management  5. Principles of management  6. Business law  7. Supply chain management  8. Communication skills 9. Enterpreneurship  10. Business communication  11. Computer application 12. Orgnizational behaviour  13. Taxation  14. Retail management  15. Project work  16. Economics  17. Business Enviorment  There are so many universities are available which are providing these courses.But you need to choose that one university which is going to give you best facilities and placement😎 I Did my MBA in human Resourse management + Finance (Double specilization )  You can allso choose Among of them Have a good day 😎
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ANCIENT BUSINESS TO MODERN BUSINESS BY COMPLETE SERIES

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Lets take A look of ancient Era.. Firstly i would like to tell you in short that 18 century it is starting time of the indusrial trial... And so many things get changed that time.and indusrial revaluation its a huge change of that time. But if before the indusrial revaluation  What we say about business and how was life.. So we can say that  When human called as a  homoeractus in city of ethopia in africa ... Ofcourse there were time when human live there life with the limited sources.. Human were live there life happly... Rennessana timing till 5th century... But from the 5th to 14th century there was the many changes... Ofcourse that time some femous artist writer and many talented people were allso that time but no uses of talent in business... But from 11 th to 13th century   erupion taking a good place in society as per the business life styles and they wanted to do business with indian...thats the reason they wanted to business deal with india after that they came india for masal
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MODERN BUSINESS FROM ACIENT BUSINESS BY INDUSTRIAL REVALUATION

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Hello friends. hope all good....😊 Here I want to share my knowledge with you...ofcourse so many courses avalible are there..MBA is allso one of them.to make a own identity in business field. But i think personally.that we have to understand that we can't only depand on the degree's ✍️ We needs to know that from when business industries words emplimented in our society and from when and how things  get start and success in our society so i will tell you step by step and by series😊😊 Let's start the series  01  startup of ancient business by theory 02 industrial revaluation  03 modern business Era I will complet in this lesson 3 topic which can help you to more easy and understandable.. after complet this  Next lesson will teach the MBA subject on the real life bases
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