Gyaan (also pronounced as Gnana, Jnana) in Sanskrit meaning ‘knowledge’ though, as a term can have different meanings like ‘wisdom’ or ‘education’ contextually. Knowledge is the awareness or understanding of reality or information gained out of experience or learning. Knowledge is closely related to concepts such as meaning, information, instruction, communication, and learning. For advancement Individuals seek business knowledge to equip themselves professionally and stay fit in a competitive environment. Organisations support knowledge dissemination and absorption to find solutions for strategic issues like customer satisfaction, productivity, employee retention etc. Appropriate knowledge is required to thrive in this knowledge economy.