Fayol’s 14 Principles of Management

By | February 13, 2018

Henri Fayol was a French management theorist whose theories in management and organization of labor were widely influential in the beginning of the 20th century. The 14 management principles from Henri Fayol are: Division of Labour: The most people specialize the more effectively they can perform their work. This principle is epitomized by the modern assembly line. Authority: Managers… Read More »

Organization Structure: Roles and Importance

By | February 13, 2018

Organization structure is a framework that managers devise for dividing and coordinating the activities of members of an organization. Because strategies and environmental circumstances differ from one organization to next. There are varieties of possible organization structures. Organisation structure can be viewed as established pattern of relationships among the components of the organization. In large and complex organizations.… Read More »

Objectives of India Export-Import Exim Policy

By | September 12, 2017

A new export and import policy were framed in 1992 which was effective till 1997. Since then new changes have been made in the policy to achieving the following objectives: To enhance the level of exports; To improve the balance of payment; To improve the balance of trade; To enhance the reverse of foreign exchange; To allow import… Read More »

Fundamental Rights (Articles 14-18, 19-22, 23-24, 25-28, 29-30, 32)

By | September 3, 2017

Part-III of the Indian constitution from article 12 to 32, contains fundamental rights. Part-III of the Indian constitution is called corner stone of the constitution and together with part-4 (directive principles and state policy) constitutes the conscience of the Constitution. This chapter of the Constitution has been described as the Magna Carta of India. Fundamental Rights are individual… Read More »

Export (Quality Control and Inspection) Act, 1963

By | August 3, 2017

The Export (Quality Control and Inspection) Act was enacted in the year 1963 to strengthening the export trade through quality control and pre-shipment inspection. The act empowers the government not only to notify the commodities which may be subjected to compulsory quality monitoring and inspection before export but also specify the type of quality control or inspection. The Act… Read More »

Departments under the Ministry of Science and Technology – DBT, DST, DSIR

By | August 3, 2017

Department of Biotechnology(DBT), Department of Science and Industrial Research (DSIR) and Ministry of Science and Technology(DST) are the three departments which work under the Ministry of Science & Technology. Department of Biotechnology(DBT): Department of Biotechnology(DBT) is responsible for identifying and supporting specific Research and development programs in biotechnology and biotechnology-related product manufacture. DBT also supports training of young… Read More »

About The Central Statistical Organisation (CSO)

By | August 3, 2017

The Central Statistical Organisation (CSO) was set up in the cabinet secretariat on 2 May 1951. CSO is responsible for coordination of statistical activities in the country, and evolving and maintaining statistical standards. CSO activities include national income accounting, conduct an annual  survey of industries, economic census and its follow up surveys, compilation of index of industrial production,… Read More »

About National Statistical Commission (NSC)

By | August 3, 2017

Indian government ordered setting up National Statistical Commission (NSC) on 1st June, 2005 on the recommendations of C. Rangarajan Commission. NSC assumed charge on 12th July, 2006. Prof Suresh Tendulkar became the first chairperson of the NSC. Constitution of NSC: A part-time chairperson who will be an eminent statistician or social scientist. Four part-time members, one each from… Read More »