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The Reserve Bank of India (RBI) is the regulator of foreign exchange dealings in India.  It prohibits, restricts, and regulates the opening, holding and maintaining of foreign currency accounts, and the limits up to which a person resident in India can hold the amount in such accounts. These regulations are known as Foreign Exchange Management (foreign currency accounts by a person resident in India) (FEMA) Regulations, 2015 and contain separate provisions for resident and non-residents.

The Forex Market is the international market for the free trade of currencies. Traders

place orders to buy one currency with another currency.

Micro, Small & Medium Enterprises (MSME) is the pillar of economic growth of India. MSME’s are the backbone of the Indian industry. 

These units Provide Employment opportunities to nearly 11.10 crore jobs through a huge base of 1.22 lakh MSMEs Units, making it the largest source of employment sector next to  Agriculture.

India is still facing infrastructural problems, lack of proper market linkages, and challenges in terms of flow of institutional credit, it has seen a tremendous growth in this sector.

Accounting ratios, also known as financial ratios, are used to measure the efficiency and profitability of a company based on its financial reports. They provide a way of expressing the relationship between one accounting data point to another, and are the basis of ratio analysis. In simple words, it is an assessment of significance of any figure in relation to another. An accounting ratio compares two-line items in a company’s financial statements, namely made up of its income statement, balance sheet and cash flow statement.

Financial statements are written records that convey a company’s business activities and economic performance. Financial statements are often audited by government agencies, accountants, firms, etc., to ensure accuracy and for tax, financing, or investment purposes. It is one of the most important resources of reliable and audited financial data is the annual report, which contains the firm’s financial statements.