"Banking before computers" Essays and Research Papers

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    Computers and Culture

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    Computers and culture | Computers and their role in human life have changed drastically since the 1950s. If 60 years ago computers did not play an important role in society‚ these day computers play a significant role in our lives. Initially‚ computers were big and awkward machines that were used just for keeping information and calculations. Throughout the last 50 years computers have become much smaller and much more sophisticated. If first computers were so large that they

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    Retail Banking in India

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    ORIGIN OF BANKING Banks are among the main participants of the financial system in India. Banking offers several facilities and opportunities. Banks in India were started on the British pattern in the beginning of the 19th century. The first half of the 19th century‚ The East India Company established 3 banks The Bank of Bengal‚ The Bank of Bombay and The Bank of Madras. These three banks were known as Presidency Banks. In 1920 these three banks were amalgamated and The Imperial Bank of India

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    EFFICIENCY OF TANZANIA BANKING SYSTEM INDUSTRY BEFORE AND AFTER ECONOMIC REFORM PARTICIPANT S/N | NAME | REG.NUMBER | DEGR. PROG | SIGNATURE | 1 | SHAYO‚ AMEDEUS S. | T/UDOM/2010/04019 | BCOM (FN) | | A TERM PAPER PRESENTED IN BANKING FINANCIAL MANAGEMENT (AF 312) HELD AT UNIVERSITY OF DODOMA LECTURE ROOM 5 SSH ON 13TH DECEMBER 2012 Introduction Efficiency in banking has been defined and studied in different dimensions including: (i) scale efficiency‚ which refers to relationship between

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    Super Computer

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    Super Computer The fastest type of computer. Supercomputers are very expensive and are employed for specialized applications that require immense amounts of mathematical calculations. For example‚ weather forecasting requires a supercomputer. Other uses of supercomputers include animated graphics‚ fluid dynamic calculations‚ nuclear energy research‚ and petroleum exploration. The chief difference between a supercomputer and a mainframe is that a supercomputer channels all its power into executing a

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    History of Computer

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    History of Computer Introduction Man’s progress is measured by sophistication of his tools. First‚ he discovered how to control fire. Eventually‚ he invented the wheel. He built boats and earned to harness the wind. As soon as commerce developed in the early societies‚ people recognized the need to calculate and keep track of information. They soon devised simple computing devices and bookkeeping systems to enable them to add‚ subtract‚ and simple record transactions. Today‚ we are witnessing

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    Money and Banking

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    Chapter5 4. Explain why you would be more or less willing to buy long-term AT&T bonds under the following circumstances: a. Trading in these bonds increases‚ making them easier to sell. More‚ because if it is easier to sell bond this means that liquidity of bonds increase. b. You expect a bear market in stocks(stock prices are expected to decline) More because these bonds’s expected return will increase compared to stocks. c. Brokerage commission on stocks fall Less because the

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    Money and Banking

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    1. A bond with face value $1000 has a coupon rate of 8% and the market rate of 10%. What is the bond’s price? 2. A 6-year ABC bond (face value of $1000) pays interest of $80 annually and sells for $950. What are its coupon rate‚ and yield to maturity? If ABC wants to issue a new 6-year bond at the same face value and price‚ what will the new coupon rate be? 3. A 30-year Treasury bond is issued with face value of $1000‚ paying interest of $60 per year. If market yields increase shortly after

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    Banking Project

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    TITLE PAGE STREET BEGINNING AS A SOCIAL PROBLEM IN HAUSA SOCIETIES. (A CASE STUDY OF IGABI LOCAL GOVERNMENT) BY ABDULLAHI AHMED H/PAM/11/07756 BEING A PROJECT SUBMITTED TO THE DEPARTMENT OF PUBLIC ADMINISTRATION SCHOOL OF MANAGEMENT STUDIES‚ NUHU BAMALLI POLYTECHNIC ZARIA. IN PARTIAL FULFILMENT OF THE AWARD OF HIGHER NATIONAL DIPLOMA IN PUBLIC ADMINISTRATION OCTOBER 2013 APPROVAL PAGE This project titled “Street beggars” as a social problem in Hausa societies”

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    Money & Banking

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    1. If velocity of money is constant; real growth in the output of the economy is between -1.5% and +2.5%; and inflation is between -1% and 2.0%; what is the growth rate of money?  Velocity of Money: the rate at which money changes hand. As we know‚ velocity of money is equal to the price multiplied by output divided by money supply. Mathematically‚ If velocity of money is constant‚ then‚ M  (P  Y) Thus‚ in terms of growth rate

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    THE INDIAN BANKING INDUSTRY The last decade has seen many positive developments in the Indian banking sector. The growth in the Indian Banking Industry has been more qualitative than quantitative and it is expected to remain the same in the coming years. Based on the projections made in the "India Vision 2020" prepared by the Planning Commission‚ the report forecasts that the pace of expansion in the balance-sheets of banks is likely to decelerate. The total assets of all scheduled commercial banks

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