The KCS Academy

https://youtu.be/2d6pHouqMjQ

TEN POPULAR IDIOMS IN ENGLISH Learn ten popular idioms that are used in English, with their meaning, with their examples.

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Ashish Sir@KCS Academy - YouTube Srivastava@KCS Academy # ECONOMICS, BUSINESS STUDIES, ACCOUNTANCY - CLASSES XI-XII (CBSE BOARD) # CREDIT : • T. R. JAIN & V. K. OHRI (V. K. PUBLICATIO...

Going to start regular classes after unlockdown and permission from the government ( with full safety guidelines compliance in accordance with relevant authorities) for Tuition classes in :

* Economics (Microeconomics, Macroeconomics, Statistics, India Economic Development)
Classes XI, XII (1 hour duration classes per day for each subject)
Only @ ₹300 per month (for Naval's Academy students ) and ₹ 500 per month for other school students (CBSE/ISC both)

* Students desirous of learning both Economics and Business Studies can choose the option of studying both subjects alternately, i.e. 3 days Eco & 3 days B.St. at the same fees, viz.
For Naval's Academy students ₹ 300 per month (for both subjects - alternate days) and ₹ 500 per month for other school students (for both subjects - alternate days).

** Also, free online bridge classes via Google Meet will be offered late evening 5 days a week for weak students/those desirous of clarifying further doubts, if any. No restriction on attending the evening classes for enrolled studentsbof KCS Academy.

** For girls of all schools, only ₹ 250 will be charged as fees for Economics (6 days) or Economics and Business Studies ( 3 days each in a week alternately).

# Interested students may contact for enrollment and joining classes via email:
[email protected]
# All students having obtained above 85% in class tenth Social Studies (for XI batch and class XI (for class XII batch), will study free of cost, fee exempted for them.
# Students facing financial difficulties/constraints will be given suitable concessions based on the merit of the case which can be upto 100 percent fees exemption.

Students can enrol for free demo classes as well, offered through virtual platforms and then register for the tutorials, if satisfied.

The Concept of National Income Vs Domestic Income

What is meant by 'National Income'?
Answer: national income is the sum total of all the factor incomes earned by the normal residents of a country within one accounting year.
Understanding the two:
1. Factor incomes are factor payments made by the producing units or firms for utilisation of their services/resources. Such as, they pay Compensation of employees (salary/wages) to the labour/personnel working or providing services to the firms; Rent for utilising the land of the households; interest for utilising capital and profit as reward for entrepreneurship.

2. Normal residents are those persons who reside in the concerned country for one or more year and their centre of economic interest lies in that concerned country. By economic interest we mean that his/her income, investment, capital etc. should be in that concerned country only.

Domestic income is all the income generated within the domestic territory or economic territory of a country within one accounting year.
When we add the Net factor Income from abroad to this or subtract Net factor income to abroad from this we get national income.

A new beginning, a new page and a new approach to build an even larger pool of talented individuals together! Let's take on the life's challenges and look them in the eye and overcome all hurdles to success; as "Nothing tastes sweeter than success!"