what is the full form of SMC Member ?
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Explanation:
When the Right to Free and Compulsory Education Act, 2009 (RTE Act) mandated the formation of School Management Committees (SMC) in every government-funded schools, it was to encourage community and more particularly, parental involvement. School Management Committee (SMC) comprises mainly of parents.
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Explanation:
There are two meaning of SMC. One is Short term Marginal Cost . It is extra cost which is incurred to generate one extra unit of output in short term. Generally, in short term, if you want to generate one extra unit of output you incurred different cost vis-a-vis if you are taking the long term perspective
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