Trading example sentences
State Trading Organisations: A large number of domestic firms in India found it very difficult to compete in the world market.There is close and continuous contact between the trading centres and the participants deal in more than one market.India has trade relations with all the major trading blocks and all geographical regions of the world.Dutch and English trading ships began using the port from the early seventeenth century.Balance of trading account is transferred to the Income and Expenditure Account.In the novel we see the characters attempting to bridge two different worlds through their actions: they take to new agricultural technology, modernise trading practices, change the use of Indian languages, making them capable of transmitting both Western sciences and Indian wisdom.With an objective to promote established exporters and assist them in marketing their products in international markets, the government grants the status of Export House, Trading House, Star Trading House to select export firms.In such a situation, trading account has to be prepared to ascertain the results of such incidental activity.India has been trading with other countries for a long time.It was under these circumstances that the State Trading Organisation (STC) was setup in May 195 The main objective of the STC is to stimulate trade, primarily export trade among different trading partners of the world.Conversion of a Receipt and Payment Account into an Income and Expenditure Account: This essentially involves five steps namely, adjusting the revenue receipts on the debit side to include outstanding incomes and incomes relating to the current year received earlier and to exclude amounts received in arrears or in advance; adjusting revenue payments on the credit side; identifying and showing non-cash expenses and losses on the debit side of the Income and Expenditure Account; computing and showing profits/losses from trading and/or social activities on the credit/debit side of the Income and Expenditure Account; and ascertaining the surplus or deficit as the closing balance of the Income and Expenditure Account., Factors hold large amounts of information about the trading histories of the firms.The Jats were prosperous agriculturists, and towns like Panipat and Ballabhgarh became important trading centres in the areas dominated by them.They were barred from trading with Europe in manufactured goods, and had to export mostly raw materials and food grains – raw cotton, opium, wheat and indigo – required by the British.A major development was the devaluation of the rupee by 3 5 per cent in June, 196 With the breakdown of the Bretton Woods system, and also the declining share of UK in India's trade, the rupee was delinked from the pound sterling in September 197 During the period between 1975 to 1992, the exchange rate of the rupee was officially determined by the Reserve Bank within a nominal band of plus or minus 5 per cent of the weighted basket of currencies of India's major trading partners.
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