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Is an accountant a tertiary sector?
Yes, an accountant is considered part of the tertiary sector, which encompasses services rather than goods production. The tertiary sector includes professions that provide services to individuals and businesses, such as finance, healthcare, education, and hospitality. Accountants offer financial services, including bookkeeping, auditing, and tax preparation, making them integral to the service industry.
Advantages of fiscal policy?
Advantages of fiscal policy in India?Following are some important merits or contributions of fiscal policy of Government of India.1.Capital formation: Fiscal policy has played a very important role in raising the rate of capital in country-in private as well as public sector. A major part of budgetary resources has been invested in Public Sector enterprises which have resulted in increase in gross domestic capital formation as percent of GDP from 10.2 percent in 1950-51 to 22.9 in 1997-98 and to 23.7 percent in 2001-02.2. Resource Mobilisation: - Fiscal policy has helped to mobilize resources through taxes, savings, public debt etc. for economic development of the country. Resources mobilisation which was 70% in 1965-66 has increased to 90% in 2001-2002.3. Incentives to Private Sector: - Private sector has been encouraged under fiscal policy for investment and production. Tax concessions, such subsidies exemptions in taxes have been given as incentives to private sector units set up in backward areas and expert oriented units. Similarly subsidies and tax concessions have also been given to encourage imports and as a result it has affected exports and imports of the country.4. Encourage Savings: - Various incentives have been given to raise the rate of savings in household and corporate sector. To encourage savings in household sector various concessions and tax benefits have been given on fixed deposits, life insurance schemes, Kisan Vikas Patras (KVPs), National Saving Certificates (NSCs), provident funds etc. savings have been encourage in corporate sector by offering them tax concessions and tax exemptions.5. Poverty alleviation and Employment Generation: -To fulfill one of its major objectives of providing full employment, allocation of huge amount has been made in fiscal policy to eradicate poverty and generate employment. For this a huge amount has been spent on different schemes like twenty point programme, Integrated Rural Development Programme (IRDP), Jawahar Rpzgar Yojana (JRY) etc.6. Reduction in Inequality of Income and Wealth: -Fiscal Policy of the country has been making constant endeavour to reduce inequality of income and wealth. Resources have been mobilized from rich class to poor by way of progressive taxes, wealth tax, corporation tax and capital gain tax etc. and this money has been utlised for the welfare of poor people.7. Export Promotion: - Export has been encouraged by way of providing subsidies, concessions, tax exemptions, cash subsidies etc. Exports have shown a rise from 4.5 percent in 1960-61 to 23.4 percent in 2001-2002. Import duty on raw material and capital goods used for production of goods meant for export has also reduced with a view to encourage exports.pradeepkalari (pradeep sp)
What is the future of R D Sharma?
The future of R D Sharma is strong and it is expected that his career will continue to be successful. He has been an asset to every company he has been a part of .
Can share application money be part of net-worth?
The sahre application is very much a part of the sahre holders money, hence, the same should be treated at par with the share capital unless the period of 60 days has been elapsed.
How early can you do your taxes?
THIS QUESTION HAS BEEN ASKED AND ANSWERED MANY, MANY TIMES AND IS PART OF THE DATABASE. (One is linked here). CORRECTLY USING THE SYSTEM WILL PROVIDE THE ANSWER WITHOUT ANY DELAY.
Is primark part of the tertiary sector?
Yes.
Why is apple inc part of the secondary and tertiary sector?
Secondary and tertiary
What is an example of the tertiary sector?
The tertiary sector is that part of a country's economy that is related to providing services rather than goods. An example would be the banking industry.
Is a lumber jack a tertiary?
No, a lumberjack is not considered part of the tertiary sector. Lumberjacks are involved in the primary sector of the economy, which focuses on the extraction and harvesting of natural resources, such as timber. The tertiary sector, on the other hand, involves services rather than the production of goods.
What is matalan a secondary or a primary or a tertiary?
Matalan is a retail company primarily operating in the clothing and home goods sector, making it part of the tertiary sector of the economy. The tertiary sector encompasses services and retail businesses, distinguishing it from the primary sector (extraction of natural resources) and the secondary sector (manufacturing and industry). Matalan focuses on providing products and services directly to consumers.
How tertiary sector differ from the other two?
Our economy has been segregated into three different sectors namely primary, secondary and tertiary. PRIMARY SECTOR: this sector is related to agriculture. We form products by exploiting the nature. Eg cotton. SECONDARY SECTOR: this sector is related to industrial activities. products are made by the ways of manufacturing in industries. Eg cotton(primary product) is converted to cloth in industries(secondary product), biscuits,etc. TERTIARY SECTOR: this sector is the service sector which rather than producing goods provides services to the people. this sector helps in the upliftment of the primary and tertiary sector. EG. transport, banking, communications, storage, trade,etc. it also includes professionals such as lawyers, doctors, teachers, professors, etc. Now a days ATM machines, IT industries are also a part of the tertiary sector.
Is cancer research tertiary secondery or primary sector?
Cancer research is primarily considered a part of the tertiary sector. This sector encompasses services, including healthcare, education, and research activities that support the well-being of individuals and communities. Specifically, cancer research involves scientific studies and clinical trials aimed at understanding and treating cancer, which aligns with the service-oriented nature of the tertiary sector.
Is an accountant a tertiary sector?
Yes, an accountant is considered part of the tertiary sector, which encompasses services rather than goods production. The tertiary sector includes professions that provide services to individuals and businesses, such as finance, healthcare, education, and hospitality. Accountants offer financial services, including bookkeeping, auditing, and tax preparation, making them integral to the service industry.
What are the differences between tertiary and quarternary employment?
The tertiary sector is also called the service sector. Tertiary activities involve the selling of goods and products from primary and secondary industries, and the sale of services and skills. Examples of tertiary employment include the health service, transportation, education, entertainment, tourism, finance, sales and retail, plumbers and mechanics. The biggest area of expansion in the tertiary sector in the UK has been in financial and business services. According to government statistics, 25 years ago one in ten people worked in this industry; now this is one in five. The quaternary sector consists of those industries providing information services, such as computing and ICT (information and communication technologies), consultancy (offering advice to businesses) and R&D (research, particular in scientific fields). The quaternary sector is sometimes included with the tertiary sector, as they are both service sectors. Between them, the tertiary and quaternary sectors are the largest part of the UK economy, employing 76% of the workforce.
Is construction worker a secondary job or tertiary?
A construction worker is typically considered part of the secondary sector of the economy. This sector involves the transformation of raw materials into finished goods, and construction workers play a crucial role in building infrastructure and structures. In contrast, the tertiary sector encompasses services such as retail, healthcare, and education.
Is a footballer primary secondary or tertiary?
A footballer is primarily considered part of the tertiary sector. This sector involves services rather than goods production, and professional athletes provide entertainment and sports services. While they may have some connections to the secondary sector through merchandise and equipment, their main contribution lies in the services they offer through their performance.
Is soldier a tertiary activity?
No, being a soldier is not considered a tertiary activity. Tertiary activities involve services that support the economy, such as retail, healthcare, and education. Soldiers are part of the primary sector of defense, which focuses on protecting a nation and its interests, and their work can be categorized as a vital service rather than a traditional tertiary activity.
