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bdkbZ 19 % iQeZ osQ O;ogkj&lacaèkh vkSj izcaèkdh; fl¼kar





          osQ fo#¼ j{kk vkSj 'ks;jgksYMjksa dks mfpr izfriQy dh nj iznku djrk gSA u, 'ks;jksa osQ tkjh djus dh nj  uksV
          Hkh ewY;kadu vuqikr dks izHkkfor djrh gSA ewY;kadu vuqikr vkSj o`f¼ nj osQ chp lacaèk dh fp=k 19-2
          esa O;k[;k dh xbZ gS] tgk¡ ewY;kadu vuqikr dks vuqyac v{k ij vkSj o`f¼ nj dks {kSfrt v{k ij fy;k x;k
          gSA ewY;kadu vuqikr dh vkÑfr ijoyf;d (Parabolic) fn[kkbZ xbZ gS tks V gSA ;g LVkWd ek£dV O;ogkj
          osQ dkj.k gS vkSj o`f¼ nj G dk iQyu gSA ewY;kadu vuqikr dk f'k[kj ¯cnq M gS tc o`f¼ nj G  gSA
                                                                                    1
          ewY;kadu vuqikr osQ f'k[kj ij] tc o`f¼ nj c<+rh gS rks ykHk nj esa c<+ksrjh gks jgh gSA ewY;kadu vuqikr
          dk f'k[kj nh?kZdkyhu ykHk vfèkdredj.k osQ vuq:i gksrk gSA fiQj Hkh] iQeZ dh o`f¼ nj dk ewY;kadu
          vuqikr osQ f'k[kj ¯cnq M osQ vuq:i G  o`f¼ nj ls vfèkd gksus dh laHkkouk gksrh gSA ,slk blfy, fd
                                        1
          izcaèkd Å¡ps ewY;kadu vuqikr osQ ykHk dks iQeZ dh Å¡ph o`f¼ nj osQ fo#¼ fofue; djus dks rS;kj jgsaxsA
          vr% os Å¡ph o`f¼ nj G  vkSj mlosQ vuq:i ewY;kadu vuqikr V  dks pqusaxsA ;g U;wure ewY;kadu vuqikr
                            2                             1
          gS tks iQeZ dks vfèkdkj esa ysus osQ fo#¼ mldh j{kk djrk gS vkSj 'ks;jgksYMjksa dks mfpr izfriQy dh nj
          iznku djrk gSA

                                             fp=k 19-2


                                              M

                                Valuation Ratio  V 1


                                 V




                                   O          G            G
                                               1             2
                                             Growth Rate


          Lo&ewY;kadu (Self Assessment)

          cgqfodYih; iz'u (Multiple Choice Questions)μ
            4- eSfjl osQ vuqlkj] èkkj.k vuqikr iw¡th lIykbZ dh o`f¼ nj dks djrk gSμ
               (v) fuèkkZfjr    (c) de             (l) vfèkd        (n) buesa ls dksbZ ugha
                                                 ----------------------
            5- èkkfjr ykHkksa dk oqQy ykHkksa osQ ykHk vuqikr]    vuqikr gSA
               (v) èkkj.k       (c) 'ks"k          (l) leku         (n) buesa ls dksbZ ugha
            6- iQeZ dh o`f¼ osQ fy,] izcaèkdksa dks vfèkd èkkfjr ykHk pkfg, rkfd os iQeZ dks o`f¼ osQ fy, vfèkd
               fufèk;k¡ dj losaQμ
               (v) O;;          (c) fuos'k         (l) fofuos'k     (n) buesa ls dksbZ ughaA


          bldh vkykspuk,¡ (Its Criticisms)
          eSfjl osQ o`f¼ vfèkdredj.k ekWMy dh dM+h vkykspuk,¡ dksVfl;kful vkSj gkWfdUl }kjk mldh ekU;rkvksa
          osQ dkj.k dh xbZ gSaA
            1- eSfjl iQeZ osQ fy, fn;k gqvk dher <k¡pk dh ekU;rk ysrk gSA blfy, og bl ckr dh O;k[;k ugha
               djrk gS fd ek£dV esa oLrqvksa dh dhersa oSQls fuèkkZfjr dh tkrh gSaA ;g ekWMy dh cM+h deh gSA



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