CA Final Notes

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Word of the Day MPC Monetary Policy Committee is a 6-person committee of RBI, which decides the repo rate. It studies the economy and the inflation, to decide if interest rates have to be changed or not. Controlling interest rates is one way through which RBI tries to manage the economy of the country. MPC meets at least 4 times in a financial year. ◈◉◎┄┅══❂❣❂══┅┄◎​◉◈ ┍━━━━━═░★░═━━━━┑ ✪ ➻ https://t.me/canotes ℑoin us 🔜 ✪ ➻ t.me/canotes_ipcc ℑoin us 🔜 ✪ ➻ t.me/canotes_final ℑoin us 🔜 ✪➻ @canotes_foundation ┕━━━━━═░◈░═━━━━┙

Word of the Day Time value of money The time value of money is the concept that money available now is worth more than the same amount in the future because of its potential earning capacity. Therefore, receiving money today is preferable to getting the same amount in the future. Example: you can buy a biscuit for Rs 100 today. 2 years later, you’ll have to spend Rs 110 to buy it. The rise is due to inflation. Rs 100 can not buy you the complete biscuit packet now. ◈◉◎┄┅══❂❣❂══┅┄◎​◉◈ ┍━━━━━═░★░═━━━━┑ ✪ ➻ https://t.me/canotes ℑoin us 🔜 ✪ ➻ t.me/canotes_ipcc ℑoin us 🔜 ✪ ➻ t.me/canotes_final ℑoin us 🔜 ✪➻ @canotes_foundation ┕━━━━━═░◈░═━━━━┙

Word of the Day Foreign Direct Investment When a company or an individual invests in a business of some other country. Receiving FDI money can boost a country’s economic growth and international trade. Example: McDonald’s US investing in an Indian subsidiary. ◈◉◎┄┅══❂❣❂══┅┄◎​◉◈ ┍━━━━━═░★░═━━━━┑ ✪ ➻ https://t.me/canotes ℑoin us 🔜 ✪ ➻ t.me/canotes_ipcc ℑoin us 🔜 ✪ ➻ t.me/canotes_final ℑoin us 🔜 ✪➻ @canotes_foundation ┕━━━━━═░◈░═━━━━┙

Word of the Day Recurring Deposit In a recurring deposit, a fixed amount of money is deposited regularly, usually on a monthly basis, for a pre-decided period of time. Each month, the same amount is deposited into the account until the end of the deposit term. At the end of the deposit term, you receive the total amount deposited along with the interest earned. RDs offer more flexibility in terms of the deposit amount compared to FDs. While FDs require a lump sum deposit at the beginning of the tenure, RDs allow you to start with smaller, regular deposits. ◈◉◎┄┅══❂❣❂══┅┄◎​◉◈ ┍━━━━━═░★░═━━━━┑ ✪ ➻ https://t.me/canotes ℑoin us 🔜 ✪ ➻ t.me/canotes_ipcc ℑoin us 🔜 ✪ ➻ t.me/canotes_final ℑoin us 🔜 ✪➻ @canotes_foundation ┕━━━━━═░◈░═━━━━┙

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