An excise or excise tax or excise duty is a type of tax charged on goods produced within the country (as opposed to customs duties, charged on goods from outside the country). It is a tax on the production of a good. This tax is now known as the Central Value Added Tax (CENVAT).
Serve as debt manager to other banks is not a function of RBI Bank.
Entrepreneurship as a theory of business was propounded by Joseph. A. Schumpeter.
Schumpeter?s Innovation Theory of Profit :
Definition: The Innovation Theory of Profit was proposed by Joseph. A. Schumpeter, who believed that an entrepreneur can earn economic profits by introducing successful innovations.
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