regional rural banks
Reginal rural banks
Marginal benefit and marginal cost are critical concepts for entrepreneurs as they help assess the value of additional units of production or service. By comparing the additional benefits gained from producing one more unit to the costs incurred, entrepreneurs can determine whether an investment is worthwhile. If the marginal benefit exceeds the marginal cost, it indicates a profitable opportunity; conversely, if costs outweigh benefits, it signals a need to reevaluate or halt further investment. This analysis aids in optimizing resource allocation and maximizing overall profitability.
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There is no established psychological definition of "marginal personality." It may be a term used colloquially or in specific contexts outside of mainstream psychological literature.
Geoffrey R. Njeru has written: 'Technical change and entrepreneurship in a marginal area' -- subject(s): Agricultural industries, Agricultural innovations, Economic aspects, Economic aspects of Agricultural innovations, Entrepreneurship
Marginal land is typically characterized by low fertility, poor drainage, steep slopes, or other factors that make it less suitable for conventional agriculture. This land may not be as productive or profitable as prime agricultural land, but with proper management practices, it can still be used for certain types of agricultural production or conservation purposes.
The RBBs Act has made various provisions regarding the incorporation, regulation and working of RRBs. According to this Act, the RRBs are to be set-up mainly with a view to develop rural economy by providing credit facilities for the purpose of development of agriculture, trade, commerce, industry and other productive activities in the rural areas.Such facility is provided particularly to the small and marginal farmers, agricultural labourers, artisans, and small entrepreneurs and for other related matters.The objectives of RRBs can be summarized as follows:(i) To provide cheap and liberal credit facilities to small and marginal farmers, agri­culture labourers, artisans, small entrepreneurs and other weaker sections.(ii) To save the rural poor from the moneylenders.(iii) To act as a catalyst element and thereby accelerate the economic growth in the particular region.(iv) To cultivate the banking habits among the rural people and mobilize savings for the economic development of rural areas.(v) To increase employment opportunities by encouraging trade and commerce in rural areas.(vi) To encourage entrepreneurship in rural areas.(vii) To cater to the needs of the backward areas which are not covered by the other efforts of the Government?(viii) To develop underdeveloped regions and thereby strive to remove economic dispar­ity between regions.
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'Marginal Farmer' means a farmer cultivating (as owner or tenant or share cropper) agricultural land up to 1 hectare (2.5 acres). 'Small Farmer' means a farmer cultivating (as owner or tenant or share cropper) agricultural land of more than 1 hectare and up to 2 hectares (5 acres).
Marginal net benefits= Marginal benefit- Marginal cost
Marginal cost is
The optimal level of output is where marginal costs = marginal damages.