History of money The history of money spans thousands of years. Numismatics is the scientific study of money and its history in all its varied forms. Many items have been used as commodity money such as natural scarce precious metals‚ cowry shells‚ barley‚ beads etc.‚ as well as many other things that are thought of as having value. Modern money (and most ancient money) is essentially a token — in other words‚ an abstraction. Paper currency is perhaps the most common type of physical money today.
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MONEY LAUNDERING IN THE BANKING SECTOR TABLE OF CONTENS 1. | MONEY LAUNDERING – the concept An organized crime Why it is done?? | 2. | Stages and Process Of Money Laundering | 3. | Vulnerability of the Financial System to Money Laundering | 4. | Banking Sector: Medium‚ Regulator And Cause | 5. | Private Banking And Money Laundering: | 6
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that they can out of one day. One such method that has been implemented around much of the world is that of Daylight Savings Time‚ or DST‚ in order to maximize the amount of daylight during different seasons. The creation of DST‚ just like the usage of other controversial solutions to solve societal problems‚ has sparked a debate about whether the system actually provides any benefit‚
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Technology has changed the world is so many positive ways. We can pick up the phone and call anywhere‚ anytime. We can travel on land‚ in the air‚ and even into space. We can identify someone using a simple drop of blood using DNA. How can something with such positive effects also have such profound negative ones? According to the textbook‚ Society and Technological Change‚ the most obvious and longest lasting consequence of technological advance is the alteration and destruction of the natural environment
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Environmental problems in the Philippines There are few signs today of the Philippines’ once sprawling rainforests. With a growing trend in human population‚ it is hoped that the country’s marine environment will not suffer the same fate. Overfishing and destructive fishing Fishers in the Philippines are increasingly coming home with pitiful catches. Of a number of factors which have led to this situation‚ one stands out: over-fishing in many areas. According to the Asian Development Bank
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“Dropping of Olympic wrestling shatters Dreams all around the world” Wrestling is one of the oldest sports known to man. Wrestling has been around for longer than just about any sport that has ever participated in the Olympics. Wrestling has been around since 708bc when it was a part of the first Olympics ever. On February 12th‚ 2013 the IOC decided to drop Olympic Wrestling from ever participating in the Olympics again. People all around the world were shocked by the decision of the IOC‚ and
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MONEY IS NOT EVERYTHING Yesterday‚ today tomorrow and even beyond‚ we all use money to live in this world. We as new generations of human must not think that money is part of our lives. With only money‚ not all things you can get. So I will say money is not everything. We always study hard to get a job for salary‚ have you ever realized that money is just a tangible thing that will not last forever. There are a lot of reasons why we must not depend on money. Does money can help us when we are dying
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Causes for Generation of Black Money There are several factors responsible for the emergence – of black money. It would be relevant to discuss those factors so that a correct understanding about the genesis‚ growth and expansion of black money can be made. The principal factors are: (i) Beginning of the evil: The beginning of this evil can be traced to the Second World War. During this period supplies of industrial goods from the traditional suppliers of the West were cut off. This resulted in
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Money in Politics In the world of politics today there are many problems. Nasty campaigning and Slamming ones opponent have become commonplace in today’s world. This is a very Distinct problem. Yet the root of the problem isn’t the candidates themselves‚ in most Cases. The national committees for the republicans and the democrats is at the true heart Of the problem. The money which is spent by those massive institutions to their party’s candidate in each election is
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The Indian money market is "a market for short-term and Long term funds with maturity ranging from overnight to one year and includes financial instruments that are deemed to be close substitutes of money."[1] It is diversified and has evolved through many stages‚ from the conventional platform of treasury bills and call money to commercial paper‚ certificates of deposit‚ repos‚ FRAs and IRS more recently. The Indian money market consists of diverse sub-markets‚ each dealing in a particular type
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