for Indian Rupees to meet transactions related to trade in goods‚ services and capital and financial transactions. This is not surprising since Bhutan imports most of what it consumes from India‚ including construction workers. There is also a huge outflow of Rupees annually on education‚ health‚ pilgrimage and other travel related expenses as well as remittances out of the country. To meet the increasing demand for Rupee‚ the Royal Monetary Authority (RMA) had to resort to purchase of Rupee through
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large minimum denomination size Glass-Steagall Act (1933) sought to separate commercial banking from investment banking‚ by limiting the powers of commercial banks to engage in securities activities * commercial banking: banking activities of deposit taking and lending * investment banking: banking
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presented for each period for which results of operations are provided. Operating Activities: inflows and outflows of cash related to the transactions entering into the determination of net operating income. Cash inflows include cash received from: 1. Customers from the sale of goods or services. Ex./ collection of cash from customers 2. Interest and dividends from investments Cash outflows include cash paid for: 1. The purchase of inventory. 2. Salaries‚ wages‚ and other operating expenses
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Central banks recognize that financial stability can be jeopardised even if there is price and macroeconomic stability. What is needed is not more regulation but sharper regulation of the financial system” - DEEPAK MOHANTY (executive director at RBI). Introduction Banking and financial crisis have been a common phenomenon throughout the modern economic history of mankind. Since the great depression of 1929‚ the world has witnessed hundreds of such crisis and the frequency of the crisis has increased
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INSTITUTE OF MANAGEMENT STUDIES MBA (Financial Administration) SEMESTER IV MAJOR RESEARCH PROJECT ON BALANCE OF PAYMENTS SUBMITTED TO SUBMITTED BY Mr. MANEESHKANT ARYA ARUN SHRIVASTAVA CERTIFICATE INSTITUTE OF MANAGEMENT STUDIES DAVV‚ INDORE This is to certify that Mr. Arun Kumar Shrivastava‚ student of MBA (Financial Administration) Sem IV has worked under my supervision in the presentation of his research project titled “Balance Of Payment & Its Implications”. The project embodies
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paper money‚ money orders received from customers and travelers’ checks. Accountants define cash as money on deposit in banks and ant items that banks will accept for deposit. On the other hand‚ note receivable‚ IOUs‚ postdated checks (checks dated in the future)‚ and uncollected customers‚ check-returned by the bank stamped “NSF” (Not Sufficient Funds) – are not accepted for immediate deposit and are not included in the accounting’s definition of cash. Budget Budgeting is the process of preparing
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Holding current assets in substantial amount strengthens the liquidity position and reduces the riskiness but only at the expense of profitability. Therefore achieving risk-return trade off is significant in holding of current assets. While cash outflows are predictable it runs contrary in case of case of cash inflows. Sales program of any business concern does not bring back cash immediately. There is a time lag that exists between sale of goods of services and sales realization. The capital requirement
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fiat money: paper money decreed by governments as legal tender • M0: the most liquid form of money and it exclusively includes currency in circulation • M1: includes M0 (currency)‚ checkable deposits‚ and traveler’s checks • M2: includes M1‚ savings deposits‚ time deposits‚ and money market mutual fund shares • The monetary base is defined as the total amount of liabilities of the central bank‚ and it includes (1) currency and (2) reserves • Nash equilibrium:
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MBA504-Managerial Finance Nancy Saulsberry Warm-up Exercises E5-1 Assume a firm makes a $2‚500 deposit into its money market account. If this account is currently paying 0.7% (yes‚ that’s right‚ less than 1%)‚ what will the account balance be after 1 year? $2‚500 X 1.007 = $ 2‚517.50 will be the balance after 1 year E5-2 If Bob and Judy combine their savings of $1‚260 and $975‚ respectively‚ and deposit this amount into an account that pays 2% annual interest‚ compounded monthly‚ what will the account
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interest rates How to Calculate Rental Yields roi property rental investment calculation formula rental yields return Analysis: Let’s compare to a Fixed Deposit (FD) at 3% per annum‚ this property’s rental yields at 6.96% is a good investment. As a guideline‚ the rental yields in property must be more than double the existing Fixed Deposit rates. Properties take longer time than FD to cash out because properties are not liquid assets. Besides‚ properties involved with numerous property and management
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