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Monetary standards
...The way the currency of a country is issued, managed and regulated called the monetary system of the country. Monetary standards may be of different kinds. 1. Monometallism:If one metal is the ultimate measure of value in the country standard will be metallic. If one metal is the standard that monometallism. If that metal is gold it will be called gold standard similarly if that is silver it will .... 
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Types of cheques
...rom one country to another country.(iii) The use of cheques provides safety to money deposited into bank.(iv) Payment by cheque can serve the purpose of receipt also.(v) There is saving in the use of currency notes by the use of cheques.(v) Cheques facilitate credit which in turn helps in the growth of business in the country.
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Quantity theory of money by irving fisher
...e of trade (T) ii the short run remains constant. So is the case with velocity of money (V) which remains unaffected.(3) Constant relation between M and M1. Fisher assumes constant relation between currency money M and credit money (M1).(4) Price level (P) is a passive factor. The price level (P) is inactive or passive in the equation. P is affected by other factors in equation i.e., T, M, M1, V.... Read
Kinds of inflation
...e of goods. Cost push inflation is the result of increase in wage costs unaccompanied by corresponding increase in productivity, rise in import prices of goods, depreciation in the external.va of the currency, higher mark up etc., etc.(iii) Profit Induced Inflation. Profit inflation is in fact categorized under cost push inflation. When entrepreneurs, due to their monopoly position raise the profi.... Read
Merchant banks
...e issue. The merchant banks (bankers) arranged for a quotation on the London Stock Exchange and handled the issues which were subscribed for by British and overseas investors. Today the issue of "Eurocurrency" and "Petrocurrency" bonds is again becoming an important activity for merchant banks..... Read
Remedies of inflation
...REMEDIES OF INFLATIONThe first panacea for a mismanagement nation is inflation of the currency. The second is war. Both bring a permanent ruin. They both are the refuge of political and economic opportunists. (Ernest Hemigway). To avoid political unrest and harmful, social and economic effects on the economy, it is the main objective of every government to take appropriate measures to control infl.... Read
Alibaba china ali baba group
...Alibaba (SEHK: 1688) a Hangzhou-based e-commerce/e-auction company, specializing in global trading. It was founded in 1999 by Ma Yun (Jack Ma), and operates five e-commerce sub-companies which operate different aspects of trading.In 2008, Alibaba.com attracted at least 23 million visitors[1] of which 65 percent were from China.Business The English-language web site alibaba.com specializes in busin.... Read
Dapeng t5000 so good
... from Monday to SundayGame:2 common games, JAVA gamesMore information:
MP3/MP4/handfree/SMS group sending/Voice recorder/ WAP/Bluetooth/GPRS download/MMS/Calendar/to do list/Alarm clock/ World clock/Currency converter/unit converter/Motion game....Size 125*60*19mmWeight 179g(1 phone+1 battery)Battery Lithium Batteries:2800mAhColor black,purpleStandby Time About 400-500 HoursTalking Time About 4-5.... Read
Stock exchange
...A stock exchange, share market or bourse is a corporation or mutual organization which provides facilities for stock brokers and traders, to trade company stocks and other securities. Stock exchanges also provide facilities for the issue and redemption of securities, as well as, other financial instruments and capital events including the payment of income and dividends. The securities traded on a.... Read
Cash balance approach to the quantity
...s Equation:The Marshall’s cash balance version to the quantity theory of money improved by Milton Friedman is put forward in the form of equation as under:M = K P yM = stands for quantity of money (currency plus demand deposits)P = Stands for price levely = indicates aggregate real incomeK = denotes the fraction of real income which people desire to hold in money form.Thus the price level, P =M .... Read
Inflation in pakistan
... has led to the rise in general price.(iii) Deficit financingDue to lack of resources for economic development, the government has been resorting to deficit financing (bank borrowing, creation of new currency) over the years. The excessive growth in money supply compared to increase in output has resulted in inflation.(iv) Increase in workers remittances During the last three years, there is a rap.... Read
The phases of business cycle
...What is business cycle?A business cycle ‘is a short term picture of the behavior of real output in a private enterprise economy Business cycle refers to upturn and downturn in the level of economic activity that extends over a period of time’. The business fluctuations occur in aggregate variable such as national income, employment and price level. The variables nearly move at the same time an.... Read
Functions of state bank of pakistan
...t to issue notes except one rupee note and subsidiary coins which are issued by the Government The Bank adopted the Proportional reserve System for the issue of notes up to December, 19. The level of currency backing y gold bullion, foreign securities is now fixed at Rs 1200 million through an Ordinance in December 1965 This system of rote issue is known as Minimum Reserve System. The size of note.... Read
Bptp spacio park serene sector 37d gurgaon
...BPTP LAUNCHES SPACIO @ sec 37D Gurgaon
BPTP ltd a real estate development company in India is undertaking wide range of projects including integrated town ships, residential & commercial complex, retail spaces, IT parks and SEZ'S. BPTP Ltd today has its presence throughout the NCR and beyond including Faridabad, Gurgaon, and Noida & Greater Noida. The company is gradually spreading its footpr.... Read
Methods of exchange control
...thout any consultation or understanding with any other country. The main methods under this head are as follows:1. Exchange pegging. Exchange pegging means the act of fixing the exchange value of the currency to some chosen rate. When the exchange rate is fixed higher than the market rate (overvaluation), it is called pegging up. When the exchange rate is fixed lower than the market rate, it is ca.... Read
Methods of note issue
...mount of reserve in the form of gold and foreign exchange securities. The central bank can expand note issue in accordance with the volume of business activities without backing of gold. The level of currency backing by gold is fixed at Rs. 1200 million in Pakistan. The merit of this system is that it ensures an adequate supply of currency to meet the business demands of the country. In other word.... Read
Mint par parity theory of exchange rate
...OLD STANDARDWhat is mint parity theory?Mint parity theory explains the determination of exchange rate between the two countries which are on gold standard. In a country which is on gold standard, the currency is either made of gold or is convertible into gold at a fixed rate. There are also no restrictions on the export or import of gold.Determination of Exchange Rate.The rate of exchange between .... Read
Balance of payments theory of exchange rate
...ATE ORMODERN THEORY OF EXCHANGE RATEThe balance of payments theory of exchange rate is also named as ‘General equilibrium theory of exchange rate. According to this theory, the exchange rate of the currency of a country depends upon the demand for and supply of foreign exchange. If the demand foreign exchange is higher than its supply, the price of foreign currency will go up. In case, the deman.... Read
Federal reserve board boots finally fell
...Federal Reserve Board boots finally fell, which makes him nervous stock market rebound to be stabilised. United States time to 3 November, the Fed decided to introduce a second quantitative easing monetary policy, by the end of June next year, the Fed will direct from market to buy 6000 million bond to inject liquidity to the market. This figure, and prior to that market expectations generally con.... Read
Booking kolte patil i ven township affinity new apartments hinjewadi pune
...Affinity Solution Pvt. Ltd.PresentsKolte Patil I Ven Township Hinjewadi PuneKolte Patil I Ven Township | Kolte Patil Township Projects || 09999684166 || Kolte Patil Township New Apartments | Kolte Patil Township New Projects | Kolte Patil Township Property Consultant | Kolte Patil Township Apartments | Kolte Patil Township New Apartments | Kolte Patil Township New Property | Kolte Patil New Townsh.... Read
