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Famous Awards

Image source - by google Booker Prize (British Literary Award) ·          Alternative Titles: Booker McConnell Prize, Booker Prize for Friction, Man Booker Prize . ·          Booker Prize, in full Man Booker Prize, formerly Booker McConnell Prize, prestigious British award given annually to Full-length Novel in English. ·        Booker McConnell , a multinational company, established the Award in 1968 to provide a counterpart to the Prix Goncourt in France . Initially, only English-language writers from the United Kingdom , the Republic of Ireland . In 2013, however, it was announced that the prize would be open to English language writers worldwide from 2014. ·      Rushdie won the Booker (1993) and the best of the Booker (2008) prize when they are given in celebration of the prize’s 25 th and 40 th anniversaries, respectively. ·        The award was administered by the Book Trust until 2002, when oversight passed to the Man Group PLC, an investment management

Disposable Income

The sum total of factor incomes and non-factor incomes (transfer income) is called disposable income in one year. Disposable income, also known as disposable personal income (DPI) , is the amount of money that households have available for spending and saving after income taxes have been accounted for. Disposable personal income is often monitored as one of the many key economic indicators used to gauge the overall state of the economy. * DPI=Personal Income−Personal Income Taxe s *Net Disposable Income = National Consumption Expenditure + National Savings Gross Net Disposable Income (GNDI): It is the sum of factor and non-factor incomes gross of consumption of fixed capital occurring to the residents of a country. *GNDI = GNP MP + Net current transfers from abroad. Net National Disposable Income (NNDI): It is the sum of factor and non-transfer incomes net of consumption of fixed capital occurring to the residents of a country. *NNDI = NNP MP + Net current transfers