ECONOMY

Scalability is the ability of a system to handle a growing amount of data and users with minimal degradation in performance and reliability. It refers to the system’s ability to scale its resources and capacity to meet increasing demands without compromising its core functionality. Key Factors Affecting Scalability: 1. Architecture:– Modular and distributed architectures enable […]

The word “uptick” is an idiom meaning a period of time in which the market or the value of something rises. Example: The stock market is experiencing an uptick, with the Dow Jones Industrial Average rising to a new high. Synonyms: Rise Increase Ascent Climb Antonyms: Downtick Decline Fall Trough

Monopolistc competition is a type of market competition in which there are a few large firms that control a majority of the market share. These firms have the ability to set their own prices and control the flow of goods and services into the market. Key Features of Monopolistc Competition: Examples of Monopolistc Competition: Advantages: […]

Definition: Commerce, also known as trade, is the exchange of goods, services, and ideas between individuals, businesses, and nations. It encompasses all activities related to the production, distribution, and consumption of products and services. Types of Commerce: Key Elements of Commerce: Modern Commerce: Modern commerce includes online, mobile, and social media sales channels. It has […]

The capital adequacy ratio (CAR) is a measure of a bank’s ability to absorb losses in a stressful financial environment. It is a key liquidity ratio that measures the amount of capital a bank has relative to its total assets. Formula: Capital Adequacy Ratio (CAR) = Tier 1 Capital/Total Assets Components of Tier 1 Capital: […]

The World Bank is an international organization that provides financial and technical assistance to low- and middle-income countries around the world. Founded in 1944, it is the largest international lender of money and plays a key role in developing sustainable solutions for developing countries. Here are some of the key things you need to know […]

Definition: A sale is a transaction in which ownership of goods or services is transferred from one party to another in exchange for payment. Key Elements of a Sale: Types of Sales: Laws Governing Sales: Common Sales Transactions: Other Related Concepts: Additional Notes: FAQs