Chapter-1 Introduction Definition of banks In India‚ the definition of the business of banking has been given in the Banking Regulation Act‚ (BR Act)‚ 1949. According to Section 5(c) of the BR Act‚ ’a banking company is a company which transacts the business of banking in India.’ Further‚ Section 5(b) of the BR Act defines banking as‚ ’accepting‚ for the purpose of lending or investment‚ of deposits of money from the public‚ repayable on demand or otherwise‚ and withdrawal‚ by cheque‚ draft
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Tax Credits [Name of the Writer] [Name of the Institution] Tax Credits Purpose of Tax Credits A Tax Credit is a specific amount that is subtracted from the accumulated amount of tax paid by a tax payer to the State. The tax credits can be settled in terms of income tax‚ property tax and VAT. It can also be settled for the purpose of recognizing the taxes that are already settled in form of subsidies or are paid for the purpose of encouraging investment in economy
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Probation officers work with criminal offenders‚ some of whom may be dangerous. They also monitor offenders to prevent them from committing new crimes. Workers in this occupation must meet many court-imposed deadlines and also travel‚ especially if they work in rural areas. Probation officers usually have to have a bachelor’s degree‚ but the requirement varies by agency. Officers who work in the probation system have various duties that keep their job busy. They evaluate offenders to determine
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Nur Asila Abdul Latif ID : 2010577821 Group : MC21S5A Summary of MARC and RAM (Credit rating agencies) To know what is RAM and MARC is doing in the financial sector in Malaysia‚ we need to know what is the credit rating first. So‚ credit ratings are forward-looking opinions about credit risk. A credit rating is an opinion of the general creditworthiness of countries‚ companies and individuals. Lower credit ratings result in higher borrowing costs because the borrower is deemed to carry a
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CREDIT RATING * A credit rating evaluates the credit worthiness of a debtor‚ especially a business (company) or a government. It is an evaluation made by a credit rating agency of the debtor’s ability to pay back the debt and the likelihood of default.[3] * Credit ratings are determined by credit ratings agencies. The credit rating represents the credit rating agency’s evaluation of qualitative and quantitative information for a company or government; including non-public information obtained
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Intake Officer As a juvenile intake officer your requirements for the job are‚ a bachelor’s degree in a field related to criminal justice‚ psychology or social work. In other cases‚ candidates may be able to start out in other positions in the juvenile detention system with only a high school diploma‚ often gaining the necessary experience to become a juvenile intake officer. Even if a candidate meets all the education requirements for a position‚ he or she may be required to complete a probationary
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A police officer’s duty is to maintain public order‚ preventing‚ and detecting crime. The concept of police officers‚ also known as cops‚ and law enforcement has been around ever since the ancient Romans had a theory that an organization of "peacekeepers" would reduce the crime and violence being committed. This theory stuck with society and is still around today. People of law enforcement have a mission when they step into their police car‚ that mission is to enforce the rules of conduct or law
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Running head: Credit Agricole and BP Credit Agricole PARIS (AFP) – French bank Credit Agricole‚ one of the biggest European banks by capitalisation‚ reported a doubling of net profit to 1.0 billion euros ($1.42 billion) in the first quarter‚ on Friday. The price of shares in the bank showed a gain of 1.40 percent to 11.23 euros in a market up 0.57 percent overall. The outcome‚ marking an increase of 112 percent from the result 12 months ago‚ was in line with average estimates of analysts as
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lending proposals banks apply certain general principles of good lending‚ often referred to as the canons of lending. Although not all of the principles can be applied by corporate credit managers to requests for trade credit‚ most are generally applicable. They provide an excellent framework for assessing all credit proposals. Because the purpose of lending is to earn interest and make a profit‚ it follows that principles of good lending should be concerned with ensuring‚ so far as possible
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be a senior officer? FFA is a passion of mine that started in the sixth grade‚ at McLaughlin Middle School. When I think of a FFA officer‚ I think of leaders‚ responsibility‚ determined men and women‚ creativity‚ team work‚ so many great things that everyone in life need! I have been a officer in the past. I have completed the following duties‚ reporter‚ vice president and currently I’m the secretary for the junior officer team. I do believe I am capable of being a great officer because‚ I’m
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