RBI/2011-12/ 9 Master Circular No.9 /2011-12 To‚ All Category – I Authorised Dealer Banks Madam / Sir‚ July 01‚ 2011 Master Circular on External Commercial Borrowings and Trade Credits External Commercial Borrowings and Trade Credits availed of by residents are governed by clause (d) of sub-section 3 of section 6 of the Foreign Exchange Management Act‚ 1999 read with Notification No. FEMA 3/ 2000-RB viz. Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) Regulations‚ 2000
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Every January 1st brings around another opportunity for people to set goals and have new hopes to accomplish in the year that follows. Some people make these hopes and dreams in the way of resolutions that they will attempt to start or stop doing something in their lives. For some people another new year means another 52 weeks of being scared. Some people are scared of financial situations‚ some of family situations‚ and some of the unknown’s that lie ahead. At the present time in my life I am
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Formation of Companies Introduction Associations of persons can take numerous forms. When discussing associations set up for the purpose of conducting trade‚ one considers three principle forms of partnership; partnership en nom collectiff; partnership en commandite and limited liability companies‚ with the latter being the most popular choice. A company is formed by the registration of certain documents with the Register of Companies as per article 76 (1). In instances of public or private companies
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Introduction Insurance in Kenya is known to have been in existence for over sixty years now with the first insurance companies believed to have been owned by British insurers during the colonial times. The industry is governed by the Insurance Act and regulated by the Insurance Regulatory Authority. The Insurance Regulatory Authority (IRA) was created by the Insurance (Amendment) Act of 2006 and came into operation on 1st May 2007. The Authority was established with the mandate of regulating‚ supervising
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Discuss Insurance sector from different angles and discuss entry and exit of firms in insurance sector Discuss Insurance sector from different angles • TERM INSURANCE: Insurance may be described as a social device to reduce or eliminate risk of loss to life and property. Under the plan of insurance‚ a large number of people associate themselves by sharing risks attached to individuals. The risks which can be insured against include fire‚ the perils of sea‚ death and accidents and burglary
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Commercial #1 Old Spice- The Man Your Man Could Smell Like The commercial opens with a man standing in the bathroom wearing only a towel. He says hello to ladies and tells them to compare their man to him‚ and says they could smell like him if they use Old Spice body wash. A series of unlikely events quickly unfold and then the man says‚ “Anything is possible when your man smells like old spice and not a lady.” This commercial falls into the is/ought category of fallacies. This commercial places
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expectations From the beginning of this year I realized that I have been influenced positively and negatively ways by traditional gender roles and expectation. The traditional gender roles are present in all parts of world and they vary between cultures. Basically these are behaviors‚ attitudes and values established by society as appropriate for us and should be passed for all generations. Nowadays our society almost obligate us to follow many expectations such us
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govern contracts; Article 2 of the Uniform Commercial Code and the common law of contracts. “The Uniform Commercial Code‚ or UCC‚ is statutory law in every state. The common law of contracts is court-made law that‚ like all court-made law‚ is in a constant state of evolution.” (Mallor‚ 2007) The UCC was created by the American Law Institute and the National Conference of Commissioners on Uniform State Laws to establish a uniform set of rules to govern commercial transactions‚ help solve the common problems
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solution - insurance and to provide with the knowledge of this insurance benefits to the customers‚ the Financial Consultant plays an important role in this field. To overcome these risks and uncertainties this project describes about various Insurance companies. How these companies provide benefits to policy holders is well explained by the Financial Consultant. Now days a lot is being done to create awareness among the insuring Public about the need and importance of insurance in the
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Report on SBI LIFE Insurance Table of Contents ➢ Acknowledgement 3 ➢ Topic and Objective 4 ➢ Executive summary 5 ➢ Research Methodology 6 ➢ Introduction to Life insurance 8 ➢ Introduction to organization 15 ➢ Process of New Business Processing 21 ➢ Process of Compliance activities 23 ➢ Process of TAT Comparison 25 ➢ Process of Underwriting Department 27 ➢ Data Analysis 38 ➢ Findings
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