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Money received tomorrow is less valuable than money received today. This concept is based on the principle of time value of money, which states that a sum of money received today is more valuable than the same sum of money received in the future. This is because money has the potential to earn interest or returns when invested, and receiving it earlier allows for more investment opportunities. Due to inflation and the opportunity cost of not having the money available for investment or consumption, money received in the future is worth less than money received today. Therefore, it is generally preferred to receive money sooner rather than later.
Which of the following is correct relating to the licensing of the banking companies?
Composition of Finance Commission is________________-
What does ‘R’ in SARFAESI stands for?
Robbery is an aggravated form of:
1. In civil cases, an admission is not relevant if:
What is the validity period of Shelf Prospectus?
The Court held that Section 4 of the Specific Relief Act would only be available with regard to civil matters and not to criminal proceedings was held i...
In India the concept of Directive Principles of State Policy has been adopted from the Constitution of _______________
Which of the following defences is available in an action for tort of defamation
Which legal maxim means let the buyer beware?