Licchavi Lyceum

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Licchavi Lyceum

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Transfer Pricing

Transfer pricing is a term used to describe the process of setting the price for goods or services that are transferred between related companies, which could be in different countries. This practice is important for multinational companies that operate in different jurisdictions because they need to ensure that their transfer pricing practices are in compliance …

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Haircut in Economy

A haircut is a term used in economics that refers to a reduction in the value of an asset or collateral that is being used to secure a loan. Haircuts are commonly used in the financial industry to manage risk and prevent potential losses. What is a Haircut? In economics, a haircut is a percentage …

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Greenhouse Gases : Complete List

Greenhouse gases are gases that trap heat in the Earth’s atmosphere, contributing to global warming and climate change. What are Greenhouse Gases? Greenhouse gases are gases that trap heat in the Earth’s atmosphere, contributing to the greenhouse effect. The most common greenhouse gases are carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), and fluorinated gases …

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Global Sea Level Rise

Global sea level rise is one of the most pressing issues facing the world today. As the Earth’s climate continues to warm, the oceans are rising at an unprecedented rate, posing significant risks to coastal communities, infrastructure, and ecosystems around the world. Causes of Global Sea Level Rise The primary cause of sea level rise …

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World Meteorological Organization (WMO)

The World Meteorological Organization (WMO) is a specialized agency of the United Nations (UN) that was established in 1950 to promote international cooperation and coordination in the fields of meteorology, hydrology, and geophysical sciences. The organization’s main mission is to facilitate the exchange of weather and climate data, and to promote the standardization of measurements …

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Current Affairs 2023

SAMARTH Scheme: The SAMARTH Scheme, also known as the Scheme for Capacity Building in Textile Sector, is an initiative launched by the Indian government’s Ministry of Textiles. The scheme aims to provide skill development training to workers in the textile sector to enhance their productivity and employability. Just Energy Transition Partnership: It is the initiative …

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Public Services in India

The Indian Administrative Service (IAS) and the Indian Police Service (IPS) are two of the most prominent posts that come under public services in India. These services are highly competitive and require a rigorous selection process. The IAS is a premier administrative service in India and is responsible for the administration of the country. IAS …

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Tribunals in India

Tribunals are quasi-judicial bodies that are established to adjudicate specific types of disputes. In India, tribunals play a crucial role in resolving disputes related to various sectors. In this article, we will discuss the types, functions, and significance of tribunals in India. Types of Tribunals in India There are various types of tribunals in India, …

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