State Bank of Pakistan Monetary Policy Department - Internship Project “Central Bank’s Independence and Implementation of Monetary Policy” By Raza Ali - SZABIST‚ Karachi & Farhan Ahmed - SZABIST‚ Larkana August- 2012 Internship Report CERTIFICATE It is to certify that this report submitted by Mr. Raza Ali and Mr. Farhan Ahmed is accepted in its present form by the Monetary Policy Department‚ State bank of Pakistan Karachi‚ as satisfying for the requirement for partial fulfillments
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Question 1: Briefly explain role of the following Financial Institutions in the economic development of Kenya: a) Kenya Industrial Estates: Kenya Industrial Estates (KIE) Limited was established in 1967 as a subsidiary of Industrial and Commercial Development Corporation (ICDC) with a major role of promoting indigenous entrepreneurship by financing and developing small scale and micro enterprises. KIE Limited was established to facilitate development and incubation of micro‚ small and medium enterprises
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the Nigerian Stock Exchange (NSE); the Issuing Houses; and the Stock Firms. Stressful development demand in modern times‚ as well as the need to respond to multi-variant global investment challenges‚ have widened and sharpened the role of the Central Bank in the Capital Market operations (Onosode‚ 1998). Definitely‚ a Capital Market is the market for resource intermediation for capital input‚ i.e.‚ the financial market in which medium and long-term credit is available for whole and sub-sector economic
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[pic] Resume of MD. MASUD RANA | | | |Present Address: |Contact Address: | |Shahera Mohal‚ House no:86/1 |E-mail : masudsima@yahoo.com | |1st floor‚Chairman Goli‚ Sankar ‚West Dhanmondi
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A central bank is a countries national bank or continents main bank for example the Central Bank of Ireland and the European central bank (ECB). Central banks supply financial and banking services for its countries governmental and banking systems. Along with that they also implement the countries monetary policy‚ supply the country with its currency‚ it acts as the banker’s bank‚ its acts as a lender of last resort and also as a clearing agent. The Central Bank influences the money supply of a
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Cited: Abdul Noor Basha (1990): Factors affecting deposits‚ advances and profits of DCCBs. Case study of Vijayawada Co-operative Central Bank Ltd. (AP): Indian Co-operative Review‚ 27(4): 364-374. Adinew Abate‚ Reddy T. K.‚ Mahesh Nand and Lalit Achoth (2003) Magnitude and growth of institutional credit flow to agricultural sector in Karnataka‚ World Agricultural Economics and Rural
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and the collapse of which would have serious implications on the economy. The collapse of many financial institutions in recent years‚ along with the collapse of Structures Investment Vehicles (SIV) and Mortgage-Related Securities has triggered Central Banks role as the lender of last resort around the globe‚ the capstone to uphold the financial markets. Under the midst of a seemly unending liquidity crisis‚ the Financial Times editorial of September 18‚ 2008 stated‚ “nobody trusts any credit‚ other
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THE CENTRAL BANK SHOULD AIM FOR ZERO INFLATION Inflation confers no benefit on society‚ but it imposes several real costs. Economists have identified six costs of inflation: • Shoe leather costs associated with reduced money holdings • Menu costs associated with more frequent adjustment of prices • Increased variability of relative prices • Unintended changes in tax liabilities due to non-indexation of the tax code Confusion and inconvenience resulting from a changing unit of account •
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Catnip Catnip is a perennial herb found growing wild throughout native to Europe and southwestern to central Asia where it is thought to have originated. The leaves are heart-shaped‚ toothed‚ opposite and covered with fine downy hairs especially on the under sides giving the whole plant a grayish green appearance. They have an aromatic mint-like flavor Chervil although many people may not be familiar with chervil‚ it has been around for a long time. Aristophanes‚ a playwright of Ancient
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Conclusion As we did the research for Apple Company‚ we could found out that Apple Company is well developed in a way of their products and services towards the users. Apple had innovated their products and taking the lead of the other company like Nokia‚ Sony Ericsson‚ LG and so on by its own touch screen hand phone technology selling on market to be one of the most influential in the share market of the nationwide. As to be seen‚ Apple focuses its strength on building up their branding power
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