The text is based on the courses taught for the past two decades at the Faculty of Management Studies, Delhi-University. Keeping in view requirements of the students of MBA/ Commerce/Business Economics at various Universities/Institutes, Chartered Accountants, Company Secretaries and other professional courses, the text is designed to fill the gap and also transmit some of the excitement of current thinking and controversy. The detailed knowledge gained by the reader should make him more conversant with the discipline and should provide a strong conceptual foundation (both pragmatically and theoretically) on which to build his future financial activities and decisions.
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