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.
When will India become the third largest economy in the world?
The Highest War point of the World lies in:
Match the following:
A) PMJDYP) Financial Inclusion
B) PMSSY Q) Pension scheme
C) PMJJBY R) ...
How long is the car rally being organized to mark the 92nd anniversary of the Indian Air Force (IAF)?
What is the sex ratio (Approx) of India as per Census 2011?
Consider the following statement connected with Alauddin Khalji :
Cripps Mission came in India on:
Cooperative Credit Societies Act was enacted in the year?
Where is the Brihadeeswarar Temple located?
What is the projected growth rate of the Indian economy for FY 2024-25, according to Chief Economic Advisor V Anantha Nageswaran?
