Answer:
There are several ways to become a Business Manager, but most organisations require a minimum of a bachelor's degree in business management.
These are usually 3-year courses covering topics such as management theory and practice, budgeting and planning, leadership skills and organisational behaviour.
Answer:
Decrease in M1; No effect on M2
Explanation:
Monetary aggregates is as follows:
M1 consists of:
= Currency with the public + Checking/Demand deposits + Other deposits with the RBI
M2 consists of:
= M1 + Post office savings account deposits
Effect on M1:
If a person transfer money from checking account to savings account, so there is a fall in M1 because the amount in checking account is reduced.
Effect on M2:
If a person transfer money from checking account to savings account, then there is a fall in checking account and at the same time there is a rise in the savings account. M1 is a component of M2.
Therefore, there will be no effect on M2.
