Types of Bank Accounts, Opening a Bank Account

  In India, banks offer four main types of bank accounts. These are: • Current Accounts• Savings Accounts• Recurring Deposit Accounts• Fixed Deposit Accounts Current Accounts Current accounts offer the…

Prabhu TL

Business Law – Factories Act

The Factories act was incorporated in 1948. The main objective of the Factories Act is to regulate the conditions of work in manufacturing establishments coming within a factory. This act…

Taylor Emma

Business Law – Industrial Disputes Act

This act was incorporated in 1947. It extends to the whole of India. The Trade Disputes Act, 1929 was replaced by this act because the Trade Dispute act imposed certain…

Taylor Emma

Business Law – Consumer Protection Act

The Consumer Protection Act, 1986 protects the interests of consumers in the market. This act contains the following definitions − Definition 1 − "Appropriate laboratory" refers to a laboratory or organization which…

Taylor Emma

Difference between Fixed and Variable Costs

Let’s take a look at some of the main differences between fixed and variable costs: Criteria Fixed Costs Variable CostsMeaningA cost that stays the same, regardless of the output produced.A…

Prabhu TL

Carriage of Goods by Rail

The Railways Act, 1989, governs the carriage by railways. Some of the important aspects of the act are as follows − According to section 61 of the act, every railway…

Taylor Emma

Carriage of Goods by Land

The carriage of goods by land is governed by two laws — the Carriage by Road Act, 2007 and the Railways Act, 1890. According to the Carriage by Road Act,…

Taylor Emma

Master Document

Word’s master document feature, which is accessed using View / Outline, is used to combine two or more documents into a larger, fully paginated document. An ideal use for the…

Prabhu TL

Mail Merging Word Document

Working with Mail Merge The Tools Mail Merge menu selection is used to merge a list of information, such as names, addresses, and phone numbers (called data or data source)…

Prabhu TL

Business Law – Law of Carriage of Goods

The globalization of various markets, international economic integration, removal of barriers in business & trade and increased competition has significantly increased the dependency of business on transportation. Transportation these days…

Taylor Emma