Assignment Topic: Submitted to Khmedsakjfsdajf The Advantages and Disadvantages of Federal System of Government Federalism that also we can say federal system is political concept in which a group of members are bound together by covenant with a governing representative head. It is one that divides the powers of government between the national government and state and local governments. The Constitution of the United States established the federal system‚ also known as federalism. Under federalism‚
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ICICI BANK INTEREST RATES FOR FIXED DEPOSITS Maturity Period Rates of Interest (% p.a.) w.e.f January 26‚ 2013 For deposit less than Rs. 1 crore General Senior Citizen ** 7 days to 14 days 4.50 5.00 15 days to 29 days 4.75 5.25 30 days to 45 days 5.50 6.00 46 days to 60 days 6.25 6.75 61 days to 289 days 7.00 7.50 290 days to less than 1 year 7.25 7.75 1 year to 389 days 7.50 8.00 390 days to less than 2 years 9.00 9.50 2 years to less than 5 years 8.75 9.50 5
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EFFECT OF INTEREST RATE ON FOREIGHN EXCHANGE RATE (EVIDENCE FROM ASIAN REGION) ABSTRACT: In this article we investigate the impact of a change in U.S. short term interest rates relative to those in some Asian countries like Bangladesh‚ Thailand‚ Japan‚ Pakistan‚ and China on the bilateral foreign exchange rates between the U.S dollar and each country’s currency. Several factors determine the exchange rate of a country. A higher currency makes a country’s exports more expensive and imports cheaper
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Advantages and Disadvantages of a push system and a pull system Following the Course Name Guidelines Student’s Name University Push & Pull System A Inventory director must have the capacity to add to a robust inventory control structure to oversee client request. The interest for the item will control Inventory expenses‚ conveying expenses‚ asking fees and capacity costs. Inventory control structures are generally arranged as push or draw models. Knowing the definitions‚ central focuses and
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Exchange rate development in Ethiopia Monetary Development The legal tender currency of Ethiopia was issued on 23 July 1945 by defining the monetary unit as the Ethiopia dollar (E$) with a value of 5.52 grains (equivalent to 0.355745 grams) of fine gold. The linkage with fine gold was in accord with the monetary system established by the Bretton Woods Agreement of 1944. For the five years following the proclamation of the national currency (1945–1950)‚ money supply of the country was determined
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profession of freshmen criminology student of Naval State University in whatever agency installation‚ companies may issued in conducting search‚ investigation and in any purposes which this study can help. Thus‚ this research contribute much advantages among freshmen criminology students of Naval State University and hopefully those gathered ideas and explanations concerning the usability of cell phone among freshmen student or even other students in any course in Naval State University would
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BUSINESS IMPLICATIONS OF EXCHANGE-RATE CHANGES BUSINESS IMPLICATIONS OF EXCHANGE-RATE CHANGES Market Decisions On the marketing side‚ exchange rates can affect demand for a company’s products at home and abroad. A country such as Mexico may force down the value of its currency if its exports become too expensive owing to relatively high inflation. Even though inflation would cause the peso value of the Mexican products to rise‚ the devaluation means that it takes less foreign currency to
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Exchange rate policy The exchange rate of an economy affects aggregate demand through its effect on export and import prices‚ and policy makers may exploit this connection. Deliberately altering exchange rates to influence the macro-economic environment may be regarded as a type of monetary policy. Changes in exchanges rates initially work there way into an economy via their effect on prices. For example‚ if £1 exchanges for $1.50 on the foreign exchange market‚ a UK product selling for £10 in
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ADVANTAGES & DISADVANTAGES OF TOURISM Advantages 1. Tourism provides foreign exchange (US dollars) which allows: i) The government to pay bills such as: a) Allows government to pay foreign debt. b) Allows the Bahamian dollar to stay on par with the US dollar. c) Allows government to pay the thousands of persons employed in government their monthly salaries. d) Allows government to have money to do road works‚ school construction and all other governmental works. ii) Allows Bahamians
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The CFO can forecast exchange rates by using either of two approaches‚ fundamental forecasting or technical forecasting. Fundamental forecasting uses trends in economic variables to predict future rates. The data can be plugged into an econometric model or evaluated on a more subjective basis. Technical forecasting uses past trends in exchange rates themselves to spot future trends in rates. Technical forecasters‚ or chartists‚ assume that if current exchange rates reflect all facts in the market
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