General Concepts 4 min read
Economics Overview
A close interrelationship between management and economics had led to the development of managerial economics. Economic analysis is required for…
THE ARTICLE LIBRARY
All stories.
Ideas and explainers from across SenseCentral.
General Concepts 1 min read
Unit Trust of India (UTI)
Under the Unit Trust Act, 1963, the Unit Trust of India was set up on 1st February, 1964. Objectives: The…
General Concepts 1 min read
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 and revitalize…
General Concepts 1 min read
State Financial Corporations (SFC)
About: SFC was established in 1951 after three years of the establishment of IFCI. SFCs were set-up in various states…
General Concepts 3 min read
CENTRAL BANK
Central Bank may be defined as an institution charged with the responsibility of managing the expansion and contraction of the…
General Concepts 2 min read
Credit Creation by Commercial Bank
• A commercial bank is called a dealer of credit. • It can create credit i.e. can expand the monetary base of…
General Concepts 2 min read
Essentials of a Sound Banking System
A sound banking system promotes all round economic development of an economy. A good bank must have the following features…
General Concepts 4 min read
Functions of a Commercial Bank
• Modern commercial banks perform a variety of functions and provide a number of services to their customers. • They…
General Concepts 2 min read
BANK
• A bank is said to be a financial intermediary. • It stands midway between the savers and the users of fund.…
General Concepts 1 min read
LIQUIDITY PREFERENCE AND MARGINAL EFFICIENCY
Liquidity preference refers to the demand for money, considered as liquidity. The concept was first developed by Keynes to explain…
