Application for leave ( Official Letter)

Date: …………….

To,

The Chairman and Managing Director,

……………………. Pvt. Ltd.,

…….. , Kathmandu, Nepal

Subject: Application for leave.

Dear Sir,

Respectfully stating that I, Ram Sharma, an employee of your office serving as an Accountant. I write this application to request you to grant me ….. days leave from office, as I shall not be available for official services from ….. to ……. because of my sickness.

I request you to grant my leave request.

Thank you.

Yours Sincerely,

Ram Sharma

Accountant

……………… Pvt. Ltd.

Life Cycle Hypothesis

This theory was developed by Franca Modigliani, Nobel Laureate of 1985, Richard Brumberg and Albert Ando in 1950s and 1960s. It is called MBA hypothesis. According to this theory, consumption is a function of the lifetime expected income of the person. The consumption depends on the resources available to the person, the rate of return to the capital, the spending plan and the age at which the plan is made. It depends on: i. Resources ii. Spending plan iii. Rate of return on capital iv. The age at which the plan is made According to Modigliani the point of departure of the life cycle model is the hypothesis that consumption and saving decision of household at each point of time reflects more or less conscious attempt to achieve the preferred distribution of consumption over the life cycle. Subject to the constraint imposed by the resources occurring to the household over...

Brief review of UN, UNIDO, OECD and world bank project evaluation techniques

The UNO was formally established aiming at achieving to establish corporation and peace and to develop international cooperation between various nations of the world effectively in Oct. 24, 1945. The UNO was established as a powerful international organization for the development of different nations after the world war 1st and 2nd. This organization is doing its important works by spreading its helping hands even today in the field like education, health, social activities, culture, and science, etc. It has some agency: World Bank UNIDO (United Nations Industrial Development Organization) OECD (Organization for Economic Co-operation and Development) World Bank is a project evaluation technique of the world bank. It was established in Dec 27, 1945, Prime financial of organization of UNO. It was established to eliminate poverty and economic problems. The world bank applies the following techniques while monitoring and evaluating its loans prov...

Difference between Bilateral project and Multilateral projects

Bilateral project: If any project is run by a mutual agreement between two friendly nations than it is a bilateral project. Both countries have an agreement to produce goods and services by using certain resources. In general, the project is run by accepting foreign aids and grants. Aids or grants are provided to poor countries through these organizations. Such organizations are: JICA (Japan), USAID (USA), UFIO (UK), SDC (SWISS), GIZ (Germany), DANIDA (Danish), BICC ( Birendra International Convention Centre) of Kathmandu, etc. are examples. Features of Bilateral projects: This project is based on foreign aids and grants. This is a mutual agreement between donor country and receiver country. This project is generally service-oriented. This projects generally depends upon a large scale projects. This project helps in the infrastructural development of the country. Advantages: Grants Economic development...

Lato-kosero

Search This Blog