General Concepts
Industrial Reconstruction Bank of India (IRBI)
About: (i) Industrial Reconstruction Corporation of India (IRCI) was established to provide financial assistance as well as to revive…
August 31, 2021 · Taylor EmmaAuthor: Taylor Emma
A senior editor for The Mars that left the company to join the team of SenseCentral as a news editor and content creator. An artist by nature who enjoys video games, guitars, action figures, cooking, painting, drawing and good music.
General Concepts
State Financial Corporations (SFC)
About: SFC was established in 1951 after three years of the establishment of IFCI. SFCs were set-up in…
August 31, 2021 · Taylor EmmaGeneral Concepts
CENTRAL BANK
Central Bank may be defined as an institution charged with the responsibility of managing the expansion and contraction…
August 31, 2021 · Taylor EmmaGeneral Concepts
Credit Creation by Commercial Bank
• A commercial bank is called a dealer of credit. • It can create credit i.e. can expand the monetary…
August 31, 2021 · Taylor EmmaGeneral Concepts
Essentials of a Sound Banking System
A sound banking system promotes all round economic development of an economy. A good bank must have the…
August 31, 2021 · Taylor EmmaGeneral Concepts
Functions of a Commercial Bank
• Modern commercial banks perform a variety of functions and provide a number of services to their customers.…
August 31, 2021 · Taylor EmmaGeneral Concepts
BANK
• A bank is said to be a financial intermediary. • It stands midway between the savers and the users…
August 31, 2021 · Taylor EmmaGeneral Concepts
LIQUIDITY PREFERENCE AND MARGINAL EFFICIENCY
Liquidity preference refers to the demand for money, considered as liquidity. The concept was first developed by Keynes…
August 31, 2021 · Taylor Emma
General Concepts
INVESTMENT AND RATE OF INTEREST
• Investment = a change in the stock of capital over a period of time. • Investments are…
August 31, 2021 · Taylor Emma
General Concepts