What are precautions which a banker should keep in view before advancing the loan
No doubt the advancing of loan is also risk as well. If the loan is for a longer period then risk will be also …
No doubt the advancing of loan is also risk as well. If the loan is for a longer period then risk will be also …
BANK DRAFT :- It is a written order by one branch of bank to another branch of the same bank to pay certain sum o…
There are numerous ways by which the credit can be extended. In some cases credit instruments are used while in ce…
GRESHAM'S LAW :- Definition of Gresham's Law : " When bad money and good money both are circulating…
MEANING OF CREDIT :- When there are obligations to make payments at some future date the person to whom the futur…
CASH RESERVE :- The liquid asset of bank is called cash reserve of bank. It is to be kept by the bank in order to mee…
MEANING OF CREDIT CREATION :- The commercial banks create multiple expansion of their bank deposits and due to th…
Credit is neither capital nor its creates capital. The credit instruments only represent money and facilitate the …
Samuelson has defined the functions of the Commercial bank in the following words : "The Primary economic…
The entire banking business was controlled by the non Muslims before the partition of the subcontinent. When Hindu…
BANK ORIGIN :- There are different views about the origin of the word Bank. According to some people the word Ban…
ASIAN DEVELOPMENT BANK (ADB) :- Asian Development Bank was established on August 22, 1996. It was ratified by 15…
INTERNATIONAL DEVELOPMENT ASSOCIATION :- International Development Association was set up in 1960. This instituti…
INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT :- The IBRD was set up in 1945 with 8 million dollars. Ob…
No doubt gold has been given primary importance in the operation of fund but we can not say that it is a retur…
INTERNATIONAL MONETARY FUND :- International Monetary Fund was established in 1947. Following were the main objective…
ISLAMIC DEVELOPMENT BANK :- The Islamic development bank is an international financial institution established on O…
MEANING OF DEVALUATION : It means to depreciate the value of domestic currency interms of foreign currencies. Fo…
Index number is very useful in measuring the relative changes in the value of money. It is very helpful for the gu…
MEASUREMENT OF THE CHANGING VALUE OF MONEY :- The value of money has opposite relation with the price level in the c…
QUANTITY THEORY OF MONEY :- Professor Taussing has defined it in the following words : "Double the quantity o…