1. Based on your own research on industrial/commercial and government purchasing‚ what are those elements that you consider to be unique to each? The difference is the two is the government has certain authority and rights that commercial enterprises do not have in my opinion. The government is not in the business in making a profit. There are certain price limits set by the government that can not be exceeded majority of the times when making purchases. In Federal Government contracting‚ specific
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INTRODUCTION The Army Values defines your character and guide your actions as you develop your leadership style. You must embody these values every day in your decision making and problem solving‚ and especially in setting the example for my fellow soldiers. All Army leaders—from the most junior to the highest level –must put the seven Army Values into practice in their own daily lives. Knowing and living Army Values so that you act them out in all decision making‚ whether personal or professional
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Assignment No 1 Role and Function of RBI Introduction:- Reserve bank of India (RBI) is nation’s central bank. RBI began operation since 1935‚ and stood at the centre of India’s financial system‚ with a fundamental commitment to maintaining the nation’s monetary and financial stability. From ensuring stability of interest and exchange rates to providing liquidity and an adequate supply of currency and credit for the real sector; from ensuring bank penetration and safety of depositors’ funds to promoting
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Introduction The central bank of the country is the Reserve Bank of India (RBI). It was established in April 1935 with a share capital of Rs. 5 crores on the basis of the recommendations of the Hilton Young Commission. The share capital was divided into shares of Rs. 100 each fully paid which was entirely owned by private shareholders in the begining. The Government held shares of nominal value of Rs. 2‚20‚000. Reserve Bank of India was nationalised in the year 1949. The general superintendence
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credit. RBI conducted both All-India Rural credit survey 1951-52‚ RBI(1954)‚ and All-India Rural Debt and Investment survey 1961-62‚ RBI(1965) and NSSO conduct four rounds of All-India Debt and Investment Survey from 1971-72 to 2002-03. These papers also describe for a new financial sector initiatives in the form of prompt and innovative policy responses to prioritize financial inclusion‚ financial education as well as financial literacy. Pre nitiatives by RBI * Initially in 1951 RBI was active
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Banking Concept: Simplifying RBI Key Policy Rates What are the key policy rates used by RBI to influence interest rates? The key policy or ’signalling’ rates include the bank rate‚ the repo rate‚ the reverse repo rate‚ the cash reserve ratio (CRR) and the statutory liquidity ratio (SLR). RBI increases its key policy rates when there is greater volume of money in the economy. In other words‚ when too much money is chasing the same or lesser quantity of goods and services. Conversely‚ when there
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Accountability in the army is important because soldiers as well as equipment‚ ammunition‚ food‚ water and other various supplies are vital to the operation and proper function of the army as a whole. To start with‚ soldiers must be accounted for because they are the responsibility of their team leader‚ squad leader‚ platoon sergeant‚ and so on. If you don’t have accountability of soldiers then when you attempt to conduct a mission you may not have all the soldiers you should have and that could
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Loyal‚ Duty‚ Respect‚ Selfless Service‚ Honor‚ Integrity‚ and “Personal Courage‚” are the seven Army Values as a Soldier that I live by in both my professional and military career (army.mil/values). Some would ask what is “Personal Courage”‚ the military states that it is physical courage‚ and a matter of enduring physical duress and at times risking personal safety. Facing moral fear or adversity may be a long‚ slow process of continuing forward on the right path‚ especially if taking those actions
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Taking into account the different meanings for the word values and placing that word in different circumstances like in European culture‚ Hispanic culture‚ teens of today‚ education. Values is completely different for every individual. Values can be something we can physically touch or something we embody. Traditions have an effect on the word values as well. In the past a traditional European family consisted of husband and wife with many children. However‚ as they’ve progressed there is now a
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(i) Paper I – English: Essay‚ Précis writing‚ Comprehension and Business/Office Correspondence. (ii) Paper II – Economic and Social Issues: Growth and Development – Measurement of growth : National Income and per capita income – Poverty Alleviation and Employment Generation in India – Sustainable Development and Environmental issues. Economic Reforms in India – Industrial and Labour Policy – Monetary and Fiscal Policy – Privatisation – Role of Economic Planning. Globalization – Opening up of the
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