nayar ji

Definition of 'Income Per Capita' according to rahul nayar point of view A measure of the amount of money that is being earned per person in a certain area. Income per capita can apply to the average per-person income for a city, region or country and is used as a means of evaluating the living conditions and quality of life in different areas. It can be calculated for a country by dividing the country's national income by its population.

Rahul Nayar - Capital IQ

Definition of 'Capital IQ' Rahul nayar says that capital IQ is a research and analysis company that offers a variety of software and data feeds to thousands of investment managers, investment banks, private equity funds, advisory firms, corporations and universities. Its major products are the Capital IQ platform, which provides fundamental analysis, and Compustat, Money Market Directories (MMD), Xpressfeed and SystematIQ, which provide quantitative research.

Shree Capital Rahul Nayar

According to rahul nayar the Finance Commission of India came into existence in 1951. The Finance commission is established under article 280 of the Indian Constitution of India by the President of India. The Indian Finance Commission Act was passed to give a structured format to the Finance Commission of India as per the world standard. The need for the Finance Commission was felt by the British for guiding the finance of India. The structure of the modern Act was laid in the early 1920's. The Finance Commission is formed to define the financial relations between the centre and the state. The Finance Commission Act of 1951 tells about the qualification, appointment, term, eligibility, disqualification, powers etc of the Finance Commission.

Functions Of The Finance Commission
The Finance Commission's duty is to recommend to the President as to-

• The distribution of net proceeds of taxes between the Union and the States.
• To evaluate the increase in the Consolidated Fund of a state to affix the resources of the Panchayat in the state.
• To evaluate the increase in the Consolidated Fund of a state to affix the resources of the Municipalities in the state.