Cleanliness is next to Godliness “Cleanliness is next to Godliness,” we have been saying this for a long time but have we practiced it in real life? I guess the honest answer would be no. We all know the importance of keeping our environment clean and healthy, but we always fail to act. Here, Vrikshit Foundation has brought a fantastic opportunity for us to serve back to society. It has organized a drive where they need our valuable time to clean our beloved Pink city Jaipur. Vrikshit Foundation is a Delhi-based organization conducting cleanliness drives, environment protection, and awareness programs. It was started in 2019 and has already spread across 14 states, and recently they have started their activities in Jaipur. Their motive is to create a surrounding where people would love being around. They have successfully cleaned Yamuna bank and also planted 10k trees around the nation and are continuing with their excellent work. ...
PURCHASING POWER PARITY THEORY (PPP - THEORY) This theory was developed by CRUSTAR in 1920 to determine the exchange rate under paper currency standards . this theory explains that exchange rate is determined on the basis of relative price level of purchase power . In other words , PPP is links spot exchange rates to nations price levels. PPP theory focus on the inflation exchange rates relationship . if the law of one price were true for all goods and services , we could obtain the theory of purchasing power parity. PPP could also thought of as an alternative currency exchange rate but based on actual prices . TYPES OF FOREIGN EXCHANGE RATE :- A) Spot rate B) Fixed and Flexible rate A) SPOT RATE - A spot foreign exchange rate is the rate of a foreign exchange contract for immediate delivery (usually within two days). The spot rate represents the price that a buyer ex...