Everything you need to know about the short-term sources of finance for a firm. Short-term financing may be defined as the credit or loan facility extended to an enterprise for a period of less than one year. It is a credit arrangement provided to an enterprise to bridge the gap between income and expenses in the short run. It helps [...]
Get the answer of: What is Budget? A budget is an estimate of income and expenditure for a future period as opposed to an account which records financial transaction. Budget is an essential element in the planning and control of the financial affairs of a nation and is made necessarily (and essentially) because income and expenditure do not occur simultaneously [...]
In this article we will discuss about the extent of agricultural credit and measures to improve it. Extent of Agricultural Credit: The extent of agricultural credit through different agencies for short term, medium term and long term has been given in Table 1. It reveals from the table that credit requirements of agriculture sector have increased tremendously since green revolution. [...]