HISTORY OF BANKS The origins of modern banking can be traced to medieval and early Renaissance Italy‚ to the rich cities in the north like Florence‚ Lucca‚ Siena‚Venice and Genoa. The Bardi and Peruzzi families dominated banking in 14th century Florence‚ establishing branches in many other parts ofEurope. One of the most famous Italian banks was the Medici Bank‚ set up by Giovanni di Bicci de’ Medici in 1397. The earliest known state deposit bank‚ Banco di San Giorgio (Bank of St. George)‚ was founded
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Journal of International Development: Vol. 4‚ No. 6‚ 567-581 (1992) THE APPROPRIATE ROLE OF AGRICULTURAL INSURANCE IN DEVELOPING COUNTRIES PETER B. R.HAZELL* Agriculture and Rural Development Department‚ The World Bank Abstract: Multiple-risk crop insurance programmes have proven expensive to governments but have not lived up to their expectations. Many agricultural risks cannot be insured on a financially sound basis‚ but there is scope for increased insurance of farm assets‚ of the
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BOOK REVIEW The book‚ Blue Ocean Strategy -How to create Uncontested Market Space and Make competition Irrelevant ‚ authored by W. Chan Kim and Renne Mauborgne is the best seller of its time. It is a widely accepted book for strategy professionals. The title indicates the theme of the book .This book promises to achieve the uncontested market space and make competition irrelevant by making the use of Blue ocean strategy. The book argues that companies in existence today should not try to beat
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Refugee Blues W. H. Auden’s poem of despair‚ misery‚ and isolation‚ “Refugee Blues”‚ describes the hardships faced by two German Jewish refugees attempting to escape Hitler’s Germany. Published in autumn‚ 1939‚ Auden is surrounded by the anti-Sematic hatred that is growing in Germany six months prior to the outbreak of World War II. Auden utilizes this environment and the experiences of German Jews to express the abuse of human rights and the sentiments of refugees. For the near two thousand
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Butterfly Effect “In life the smallest things can make the greatest impact on the world”. This is known as the Butterfly Effect in chaos theory. The butterfly effects most famous example is a hurricane creation depending on whether or not a butterfly flaps its wings. For instance if a rat in a hurry is frightened it gives off a gas that tells all the other rats to run away saving the pack form harm. The most well-known illustration of the butterfly effect is also known as the ripple effect. The
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6.6 million households in rural and 6.7 million in urban India. ? Nano-Marketing or sachets worked well in rural India and there is ample scope for the products to be accepted by consumers if the price is competitive. MARKETING STRATEGIES TO CAPTURE RURAL INDIA ? BY COMMUNICATING AND CHANGING QUALITY PERCEPTION Companies are coming up with new technology and they are properly communicating it to the customer.
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INTRODUCTION: Corporation Bank‚ founded in 1906 in Udupi‚ Karnataka state‚ India‚ is one of the Indian Banks in Public Sector Undertaking. The body was founded with an initial capital of Rs. 5000 (US$ 100)‚ and first day’s canvassed resources of less than one US$ 1‚ has currently (31 march 2004) 11‚325 full time employees‚ and operates from several branches in India. The Bank is a public sector unit with 57.17% of share capital held by the Government of India. The Bank came out with its Initial
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Vimy Ridge General Information The war of Vimy Ridge started on April 9th 1917 and ended April 12 during 1917 (Richard Foot 2006) The ridge was captured and obtained from the German army by the Canadian forces (Richard Foot 2006) This battle was known as Canada’s biggest victory and the moment Canada gained independence because no other member of the Triple Entente were able to succeed in capturing the ridge(Richard Foot 2006) Over ten thousand Canadians were killed and wounded total during the
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Sometimes communities have to be resettled‚ with government sanction‚ in order for important mineral deposits to be accessed. This can cause controversy and divisions in the communities concerned. International best practice sets out a number of key stages in such a process including the need for structured consultation‚ fair compensation and the importance of restoring and enhancing the livelihoods of people in their new locations. Recently Anglo American has had to undertake two such relocations
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1.1 Introduction Modern commercial banking‚ in its present form‚ is of recent origin. Though bank is considered to be an ancient institution just like money. Its evolution can be traced in the functions of money lender‚ the goldsmiths and the merchants. A bank has been often described as an institution engaged in accepting of deposits and granting loans. It can also be described as an institution which borrows idle resources‚ makes funds available to. It does not refer only to a place of tending
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