Trade Policy 1993 adopted by the country for increasing the contribution of this sector to the economy by making the commerce sector liberal, competitive and market oriented, has given the private sector a lead role in the open and free…
The Current Industrial Policy of the Government of Nepal
Industrial Policy of the Government The tenth plan had set the goal and objectives of increasing the contribution of industry to the Gross Domestic Product (GDP), through an increase and expansion in industrial production by encouraging and promoting the private…
Grading System to be Introduced Soon in SLC Examination
SLC Examination, also known as School Leaving Certificate Examination is considered as one of the fate deciding examinations of the students of Nepal. The level of this examination is similar to level of examination like Matriculation. SLC Examination is even…
Classification of Government Expenditure in Nepal
Government expenditure is the end and purpose of the collection of state revenue. The modern governments not only perform such primary functions as the civil administration as well as the defence of the country, but also take considerable interest in…
Major Components of A Government Budget
A budget may be defined as a financial plan which serves as the basis for decision making and center of expenditure and revenue for a specific period of time, normally, a year – a fiscal year (in case of a…
Foreign Capital: Roles and Defects
Foreign capital means the inflow of foreign resources in the form of money, technical knowledge or technology transfer and human resources as well. The capital flow linked with technical know-how has contributed tremendously in the progress made by the developing…
Globalization
Globalization is the most talked and debated issue in the contemporary world. Globalization is a process of opening up economies so that trade between countries could take place freely. For them increasing globalization has helped in the expansion of opportunities…
The Current Situation of Foreign Aid in Nepal
The foreign aid commitment in fiscal year 2006/07 increased by 76.9 percent against a decline of 45.2 percent in fiscal year 2005/06. In fiscal year 2006/07, committed foreign assistance amounted to Rs. 37.02 billion, as compared to an amount of…
Introduction to Multinational Companies
Multinational Companies (Corporations) are those enterprises whose management, ownership and control are spread in more than one country. They are very large industrial organizations which extend their industrial and marketing operations in several countries through their branches or subsidiaries. We…
Chemical Kinetics and Rate of Reaction
Different reactions take place with different rates. The branch of physical chemistry that deals with the study of rate of chemical reaction is called chemical kinetics. During chemical reaction, concentration of reactants decreases while that of product increases. Thus, the…
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