Introduction1 The term ‘‘banking’’ can be applied to a large range of financial institutions‚ from savings and loans organisations to the large money-centre commercial banks in the USA‚ or from the smallest mutually owned building society to the ‘‘big four’’ shareholder owned banks in the UK. Many European countries have large regional/cooperative banks in addition to three to five universal banks. In Japan‚ the bank with the largest retail network is Sumitomo Mitsui Banking Corporation‚2 but its main
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Government Debt Placement If a central bank has this responsibility‚ it is expected to place government debt on the most favourable terms possible. Essentially‚ a government can instruct the central bank to raise seigniorage income43 through a variety of methods‚ which include a reserve ratio (requiring banks to set aside a certain percentage of their deposits as non-interestearning reserves held at the central bank – an implicit tax)‚ interest ceilings‚ issuing new currency at a rate of exchange
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officials who cooperated very well with‚ by providing any information I needed for my study. My heartfelt gratitude to my mother for giving me financial support and material support which without this study could not have been complete. Department of Banking and Financial Services‚ fellow students and friends for their motivation and providing me with conducive learning environment. EXECUTIVE SUMMARY The Institute of Finance Management(IFM)
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Advantages Of Unit Banking: 1.Local Development:Unit banking is localized banking. The unit bank has the specialised knowledge of the local problems and serves the requirements of the local people in a better manner than branch banking. The funds of the locality are utilised for the local development and are not transferred to other areas 2.Promotes Regional Balance:Under unit banking system‚ there is no transfer of resources from rural and backward areas to the big industrial commercial centres
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Drawing Rights (SDR) was first introduced in the year ______ a) 1959 b) 1969 c) 1979 d) 1989 7. What would be the cross elasticity of demand for complementary goods. a) Positive b) Negative c) Zero d) None 8. Before financial reforms the banking sector characterized by the following features except a) High Revenue Requirements b) Quantitative credit restrictions c) Administered interest rate structure d) keeping very less lendable resource for the priority sector. 9. Green Revolution
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Modern or Classic? For many Australians buying a car this question is on par with Holden vs Ford‚ and for first car owners it can be even more difficult. There are many pros and cons for each‚ classics have the style and elegance whereas modern cars have a more generic body styles. Classic cars give a complete driving experience without any driver aids‚ but modern cars provide all the luxuries you could think of. The reliability and constant maintenance of older cars could be a deal breaker for
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Advantages and disadvantages of modern technology. Technology can be defined as science applied to practical purposes. Nowadays‚ when the rapidness of development and research is so impressive‚ it is easy to think about the advantages of modern technology. Nevertheless some people argue that science can destroy mankind. It is also obvious that we are close on an era where technology is limited only by our imagination. Therefore the most frequently asked question is: Does technology go the right
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Modern technology is simply an advancement of old technology‚ the impact of technology in modern life is unmeasurable‚ we use technology in different ways and some times the way we implement various technologies ends up harming our lives or the society we leave in. What we call modern technology is technically not so new in most cases. For example‚ mobile phone technology has evolved with years‚ now days we use smart phones which have been an advancement of an ordinary mobile phone. Technology is
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The Advantages of Modern Technologies Technology has taken unimaginable strides over the past couple of decades‚ affording people all around the world possibility‚ flexibility and‚ above all things‚ convenience in their everyday communication and overall lifestyle. It is ever-changing. Whether you’re sending a love letter‚ making a purchase‚ running a business‚ researching a paper‚ financing a house‚ getting in touch with your old college roommate or booking a flight to Fiji‚ it all comes down
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Resume of Omar Iliyas C.5‚ Miraj Housing Scheme‚ Soysapura‚Moratuwa. Sri Lanka Mobile: +94 0773 204824 Res : +94 011 2622478 Office: +94 011 2393939 E-mail:madhavan5200@yahoo.co.uk Objective To obtain a responsible position with opportunities for the growth where I can use my acquired knowledge and skills in pursuit of challenge’s goals. * PERSONAL INFORMATION Sri Lankan‚ Married male‚ born on 02nd October 1982 * WORKING EXPERIENCE Presently working as a Customer
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