Distinguish between the Planning & Co-ordinating.
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president is only the nominal head of the country but Prime Minister is a real head of the country
the main decisions of the country can be taken by the Prime Minister only without consulting with the president
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2. Investment Value
Investment value is the value that a property offers to a specific investor. It is the value that the investor would be willing to pay for the property.
Regardless of market value, there’s always going to be a limit to what an investor is willing to sink into an asset.
Investment value is based on the investor’s own qualifications, available capital, tax rate, and financing.
3. Insurable Value
This refers to how much of a property is at potential risk of damage, for the sake of determining insurance coverage.
In other words, what is the value of the portion of the property that can be covered in an insurance policy.
4. Assessed Value
Assessed value is a property value determined by a local tax assessor for real estate tax purposes.