SECTOR: Whoever‚ being an individual firm‚ company or corporation generally deals in the business of money and credit is called bank. In our country‚ any institution which accepts‚ for the purpose of leading or investment deposits of money form public‚ repayable on demand or otherwise‚ and with transferable by checks drafts order and otherwise can be termed as a bank. The purpose of banking is to ensure transfer of money from surplus unit to deficit units. Banks in all countries work as the
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care/education be a public service with universal coverage or a private service? Should public services be privatized? . Currently‚ we are exposed to hear or watch several times in the radio or TV news important political people talking about reforms‚ which is sometimes only a cover way of talking about privatization of previously public services now and again. Defined in the strictest of terms‚ privatization means the sale of public utilities to private concerns. But as Public Works magazine noted
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The conflict between public and private interest is evident in "The Great Gatsby" and in "The Crucible" via public corruption through characters‚ themes of corruption and a contract of particulars characters. In both pieces‚ a clash between public and private interests directly affect the plots and relationships in the works. Characters fates are crucially altered due to public and private conflicts relating to the interests of society and individuals. Public corruption‚ the themes of private and p
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1.pure private goods 2.pure public goods 3.mixed(quasi/public) goods and they are outlined in the passage below. Pure private goods These are all the goods produced by private companies whose aim is to make a profit and they are used exclusively for the satisfaction of private needs for example food‚clothing and property.They are not free goods‚they come with a price and cannot be substituted with other goods. One of the features of pure private goods is that they are produced by private firms
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every parent. Private schools in Pakistan have increased their number in no time‚ because the parents have completely inclined themselves towards the private schooling. Numerous reasons are there‚ but the few prominent ones are the quality of education and security. It is obvious that when a teacher is teaching a class of ten to twenty students‚ they can easily give time to each and every individual; this is what every parent is looking for. Second most importantly is the issue of security‚ as Pakistan
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significant cost‚ the majority of which has been covered by taxpayers. Construction costs alone for major league professional sports facilities have totaled in excess of $30 billion over the past two decades with over half of the cost being paid by the public. North America is not alone. South Africa spent $1.3 billion on building and upgrading 10 soccer stadiums for the 2010 World Cup following on the heels of Germany’s 2.4 billion euro investment in stadiums and general infrastructure for the
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Both the public sector and the private sector depend on each other to operate efficiently and to serve the interest of the general populace.They therefore work hand in hand to the good of the society. The distinction between public and private can be seen as one of the “grand dichotomies” of Western thought (Weintraub‚ 1997: 1). It is also a dichotomy that dominates the field of public administration where it is mostly defined as a binary distinction between the realm
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compared public versus private education. Also‚ this collection of information should help you understand differences between public and private schools. Aspects of equality and achievement in private and public education will be dissected and evaluated. Observations I have evaluated and examined both public and private education instittutional systems. Public Education Public schools are in crisis‚ and not because of any shortages of public funds (more money is spent on public education
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Transforming Singapore Health Care—MK Lim 461 Commentary Transforming Singapore Health Care: Public-Private Partnership† MK Lim‚1FAMS‚ FRCP (Edin)‚ MPH (Harvard) Abstract Prudent health care policies that encourage public-private participation in health care financing and provisioning have conferred on Singapore the advantage of flexible response as it faces the potentially conflicting challenges of becoming a regional medical hub attracting foreign patients and ensuring domestic access
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Public Private Partnership (PPP or simply P3) - Nigeria’s New Paradigm for infrastructure Development By Bob M. Achanya President‚ Kogi PPP Forum Cooperative‚ North Central Nigeria. Introduction Public private partnership (PPP) has recently gained prominence as a term to describe a business relationship in which public and private resources are blended to achieve a goal or set of goals judged to be of mutual benefit both to the private entity and to the public. According to the UNECE (2008)
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