Discounting Bill of Exchange
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Discounting Bill of Exchange and Overdraft Facility Provided by a Commercial Bank There are various facilities provided by a commercial…
The Magic called Compound Interest
Albert Einstein, in his lifetime, frequently said, “Compound interest is the eighth wonder of the world. The power of compound…
Money markets
Money markets consist of the discount, inter banks, certificates of deposit and local (municipal) authority and euro currency markets. The…
financial conglomerates
Briault defined a financial conglomerate as a firm that undertakes at least two of five financial activities:intermediary/payments, insurance, securities/corporate finance, fund management…
Innovations:To fund Infrastructure in India
It is necessary to make investment in infrastructure projects to assists the economic and socio-economic activities. Businesses get facility in their…
India’s Trade Deficit
Trade deficit is usually referred as the negative balance of trade which occurs when the value of goods being imported…
The True Cost of a Credit Card
Borrowing money on a credit card is expensive. Many companies quote yearly interest charges of 15 to 21 percent. However,…
Function of Secondary Market
Financial investors do not intend to remain invested in a particular asset in- definitely. From the moment they buy a…
Concept of Monopoly- Part 1
Mono literally means one and poly means seller. So monopoly means one seller. The literal definition of monopoly: it is…
Primary and Secondary Markets
Once launched, a financial security lives a life of its own. It traces its life from one investor to another,…