AIEEE Questions

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Mercantilism was the principle that wealth of a nation comes from trading with other nations and also comes by imposing government regulations on all of the nation's economic interests.

The main principles of mercantilism:

• the country's wealth is determined by the amount of precious metals in the country,

• Wealth is created in business relations (International Trade)

• The goal is an active trade balance of trade,

• to serve protectionism, government subsidies and the issue of protective tariffs.

Napa valley in California famous for wine.

There is universal affection and respect for and loyalty to the Indian National Flag. As it is the symbol of our national pride it represents the hopes and aspiration of the people.

The Flag Code of India 2002 permits unrestricted display of the tricolour, consistent with the honour and dignity of the flag.

The Flag Code of India has been divided into three parts:-

1. General Description of the National Flag.

2. Display of the National Flag by members of public, private Organizations & educational institutions etc.

3. Display of National Flag by Central or State Governments and their organizations and agencies.

The buying and selling of goods is called Trade. Trade is a part of business where goods and services are exchanged for mney and mainly to earn profit. Commerce is used to describe trade and all the other business activities and services which make trade possible like banking, insurance, transport and advertising.

Working capital, also known as net working capital, is the difference between a company’s current assets, like cash, accounts receivable and inventories of raw materials and finished goods, and its current liabilities, like accounts payable.

Working Capital = Current Assets - Current Liabilities