COMMERCIAL BANKING SECTOR SUMMARY: Banking industry is the blood vascular system of our economy. The banks have played substantial role in the growth of Indian economy. From the meagre start in 1860 the banks have come to long way. The total shape of banking system was changed in 1991 due to the introduction of financial sector reforms as part of the liberalisation process. These reforms were aimed at enhancing the viability and efficiency of our banking system. Although there is a sustainable
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CHAPTER-4 DEVELOPMENT AND REFORMS IN INDIAN BANKING 4.1 GROWTH OF BANKING SYSTEM IN INDIA : In order to understand present make up of banking sector in India and its past progress‚ it will be fitness of things to look at its development in a somewhat longer historical perspective. The past four decades and particularly the last two decades witnessed cataclysmic change in the face of commercial banking all over the world. Indian banking system has also followed the same trend. In over five decades
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NOTE ON FARM SECTOR IN UTTAR PRADESH SUNIL KUMAR OCTOBER‚2005 Department of Planning‚ Government of Uttar Pradesh 1 Note on Farm Sector in Uttar Pradesh Introduction The economy of Uttar Pradesh is predominantly agrarian and performance of agriculture and allied activities such as horticulture‚ animal husbandry‚ dairying and fisheries are critical in determining the growth rate of the State. Primary sector (inclusive of mining) contributed 36.8% to the State’s income in 2003-04 and
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Discuss the problems and benefits of privatization of public sector organizations in China Privatization as an important role of economy ‚ has great contribution for all over the world. So what is privatization? Privatization means transfer of assets of economic activity from public sector to private sector‚ it has been seen by many governments as a means of revitalizing inefficient industries and as an opportunity to raise revenues to ease budgetary problems; however‚ privatization in China is
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Security sector reform is a comprehensive whole government approach and set of various activities designated to provide an effective and legitimate public service‚ the rule of law‚ security‚ civil authority and overall security condition to the public. It may include reforms and reestablishments (not limited) in areas such as military‚ justice‚ Police as well as other essential areas of the state. Security sector reform promotes stability and should result in the effective and legitimate rule of
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Introduction The nonprofit sector is made up of over 1.5 million tax-exempt organizations in the United States (NCCS‚ 2016). These tax-exempt organizations consist of public charities‚ private foundations‚ and other types of nonprofits. In 2014‚ nonprofit share consisted 5.3 percent of the GDP (NCCS‚ 2016). The tax-exempt organizations that receive the greatest share of charitable contributions were religious organizations‚ followed by education institutions‚ and the human service organizations
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SERVICE SECTOR: Service sector also known as tertiary sector consist of following structure: A. Transport‚ Communications and Trade Transport‚ storage‚ communication 1. Railways 2. Transport by other means and storage 3. Communications Trade‚ hotels‚ restaurants B. Finance and real estate Banking & insurance Real estate‚ ownership of dwellings‚ and business
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ofIdentify and explain the characteristics of the 4 sectors of the economy. And find evidence of changes in the industrial sectors in the UK in the last 5 - 15 years. The United Kingdom’s economy is made up in descending order of size of the economies of England‚ Scotland‚ Wales and Northern Ireland. The UK has a partially regulated free market economy‚ somewhere between the US and continental Europe. Based on market exchange rates‚ the UK is today the sixth largest economy in the world and
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How real do you think the terrorist threat is to the commercial sector? Explain and justify your opinion In my opinion the terrorist threat to the commercial sector is a very real one which should not be overlooked. The commercial sector within the UK consists of a multitude of different industries that as a whole make up the UK economy‚ each industry conducts its business and trade by relying on the other to fulfill its supply and demand which is turn provides consumer confidence‚ that in itself
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Purchasing in different Sectors of the Economy/Organizations A nation’s economy can be divided into various sectors to define the proportion of the population engaged in the activity sector. This categorization is seen as a continuum of distance from the natural environment. The continuum starts with the primary sector‚ which concerns itself with the utilization of raw materials from the earth such as agriculture and mining. From there‚ the distance from the raw materials of the earth increases
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