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Basis for Comparison	CRR	SLR
Meaning	CRR is the percentage of money which the bank has to keep with the Central Bank of India in the form of cash.	The bank has to keep a certain percentage of their Net Time and Demand Liabilities in the form of liquid assets as specified by RBI.
Form	Cash	Cash and other assets like gold and government securities viz. Central and State government securities.
Effect	It controls excess money flow in the economy.	It helps in meeting out the unexpected demand of any depositor by selling the bonds.
Maintainence with	Central Bank of India i.e. RBI.	Bank itself.
Regulates	Liquidity in the economy.	Credit growth in the economy.

Basis for Comparison	Training	Education
Meaning	The process of inculcating specific skills in a person is training.	Theoretical learning in the classroom or any institution is education.
What is it?	It is a method of skill development.	It is a typical form of learning.
Based on	Practical application	Theoretical orientation
Perspective	Narrow	Wide
Involves	Job experience	Classroom learning
Term	Short term	Comparatively long term
Prepares for	Present job	Future job
Objective	To improve performance and productivity.	To develop a sense of reasoning and judgement.
Teaches	Specific task	General concepts









Basis for Comparison	Training	Development
Meaning	Training is a learning process in which employees get an opportunity to develop skill, competency and knowledge as per the job requirement.	Development is an educational process which is concerned with the overall growth of the employees.
Term	Short Term	Long Term
Focus on	Present	Future
Orientation	Job oriented	Career oriented
Motivation	Trainer	Self
Objective	To improve the work performances of the employees.	To prepare employees for future challenges.
Number of Individuals	Many	Only one
Aim	Specific job related	Conceptual and general knowledge

Basis for Comparison	Capital Expenditure	Revenue Expenditure
Meaning	The expenditure incurred in acquiring a capital asset or improving the capacity of an existing one, resulting in the extension in its life years.	Expenses incurred in regulating day to day activities of the business.
Term	Long Term	Short Term
Capitalization	Yes	No
Shown in	Income Statement & Balance Sheet	Income Statement
Outlay	Non-recurring	Recurring
Benefit	More than one year	Only in current accounting year
Earning capacity	Seeks to improve earning capacity	Maintain earning capacity
Matching concept	Not matched with capital receipts	Matched with revenue receipts

Basis of Difference		
Income and Expenditure  A/c

		 Profit and Loss  A/c
				
1. Definition		Income and expenditure account is account which is prepared for finding the excess of income over expenditures or excess of expenditures over incomes.
		Profit and loss account is the account which is prepared for finding net profit or net loss.

2. Not for Profit organisation or Business		
Income and expenditure account is prepared by not -for profit organisation whose aim is not to earn money.		

Profit and loss account is prepared by business whose aim is to earn money.



				
3. Basis of Preparation 



		Income and expenditure account is prepared on the basis of receipt and payment account and some other information


		Profit and loss account is prepared on the basis of trial balance and some other information.




				
4. Balance of Account 		When we compare debit and credit side of this account, balance will be surplus or deficit. 		
The balance of profit and loss account will be net profit or net loss.

 
Basis for Comparison	Apprenticeship	Internship
Meaning	A training program conducted in an industry or undertaking where the trainee gets a chance to learn and earn at the same time is known as apprenticeship.	An internship is a training program whereby the college students get a chance to work in the respective field and gain real world experience.
What is it?	Work based training	Work based learning
Time Duration	Long	Comparatively short
Provided to	Potential employees	Students
Part of	Vocational Education and Training	May or may not be a part of formal education.
Trainees	Apprentices	Interns
Training ends with	Job to the employee	Experience to the employee
Pay	Always paid	May or may not be paid
Orientation and Induction	Yes	No

Basis for Comparison	Recruitment	Selection
Meaning	Recruitment is an activity of searching candidates and encouraging them apply for it.	Selection refers to the process of selecting the best candidates and offering them job.
Approach	Positive	Negative
Objective	Inviting more and more candidates to apply for the vacant post.	Picking up the most suitable candidate and rejecting the rest.
Key Factor	Advertising the job	Appointment of the candidate
Sequence	First	Second
Process	Vacancies are notified by the firm through various sources and application form is made available to the candidate.	The firm makes applicant pass through various levels like submitting form, written test, interview, medical test and so on. 
Contractual Relation	As recruitment only implies the communication of vacancies, no contractual relation is established. 	Selection involves the creation of contractual relation between the employer and employee.
Method	Economical 	Expensive





Basis for Comparison	Fixed Deposit	Recurring Deposit
Meaning	A deposit scheme in which a particular sum of money is invested with the bank for a fixed period, is known as Fixed Deposit.	A financial product in which money is deposited to a particular account at regular intervals for a long time is Recurring Deposit.
Investment	Lump sum	Installments
Minimum amount to be deposited	Slightly high	Nominal
Returns	Comparatively high	Low
Advantage	It enables the depositor to earn higher returns on his funds.	It develops the habit of saving in depositor.

Basis for Difference	Saving Account	Current Account
Meaning	Saving bank account is an account meant for individuals who like to save for meeting their future financial requirements.	Current account refers to a running account, in which there is no limit on the operation, during a working day. 
Objective	To encourage savings of a person.	To support frequent and regular transactions.
Suitable for	Individual	Businessman or company
Interest	Paid 	Not paid
Withdrawals	Limited	Unlimited
Passbook	Provided by banks	Not issued by banks.
Overdraft	Not allowed	Allowed
Opening balance	Less amount is required to open a savings bank account.	High amount is required for opening a current account.









Basis for Comparison	Money Market	Capital Market
Meaning	A segment of the financial market where lending and borrowing of short term securities are done.	A section of financial market where long term securities are issued and traded. 
Nature of Market	Informal	Formal
Financial instruments	Treasury Bills, Commercial Papers, Certificate of Deposit, Trade Credit etc.	Shares, Debentures, Bonds, Retained Earnings, Asset Securitization, Euro Issues etc.
Institutions	Central bank, Commercial bank, non-financial institutions, bill brokers, acceptance houses, and so on.	Commercial banks, Stock exchange, non-banking institutions like insurance companies etc.
Risk Factor	Low	Comparatively High
Liquidity	High	Low
Purpose	To fulfill short term credit needs of the business.	To fulfill long term credit needs of the business.
Time Horizon	Within a year	More than a year
Merit	Increases liquidity of funds in the economy.	Mobilization of Savings in the economy.
Return on Investment	Less	Comparatively High
asked by Surya Kumar (surya30) 7 years ago
0
http://www.respaper.com/sdfg/9967-pdf.html?cmd=conv Explain Q3-d-7
asked by 45Trolaf (olaf) 7 years ago
1
Shall we attempt 5 program in section b as they choose best four so shall we
asked by Manoj Sharma (sharmamanoj860) 7 years ago
5

+ 1 more questions by sharmamanoj860  

What is difference between final and static keyword used for variables?
asked by Peeyush Mishra (it_is_peeyush) 7 years ago
1
will you guys do section a or b first?
asked by Eliz (eliz1995) 7 years ago
6
Write a program to convert a string to title case.(first letter of each word of a string to title case)
asked by Mohammed Malik Sharaf (mmks1234) 7 years ago
1
how do you declare a character data type variable ? i'm so confused about this
asked by Aryan Manakame (avmx18) 7 years ago
1
Guys i have an idea for relaxation
asked by Sahil Prasad (sahilp007) 7 years ago
1
which is the default package?pls answer asap
asked by Papu Papu (loosu) 7 years ago
1
guys can u help me with the difference between 
pure and impure function
asked by Einstien (ritashetty) 7 years ago
2

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