perks and benefits that allows the retain of best talent for the Bank. 1.2.4 Government The government plays a role as decision maker and implements policies and projects. Apart from that‚ the Bank is the major player of the economy‚ the going concern of the bank is crucial for the government to be alert of. 1.2.5 Public The Bank is a socially responsible corporate citizen in a tangible way. This is important as Public Bank’s client base is extremely wide that all levels of people are their
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• Therefore recessionary periods tend towards a deficit. In the case of this recession of course it was exacerbated by the financial crisis‚ which involved the government paying out very large sums of money to support the banking system. • The budget deficit in the financial year just ending will be c£150bn‚ more than 11% of GDP. • Another way of looking at it is to say that over 20% of government spending this year will be paid for by borrowing. This is not sustainable. • Alistair Darling‚
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THE BUDGETARY PROCESS THE BUDGET What is Budget? The Annual Financial Statement or the Statement of the Estimated Receipts and Expenditure of theGovernment of India in respect of each financial year is popularly known as the Budget. Presentation of Budget 2. The Budget is presented to Lok Sabha in two parts‚ namely‚ the Railway Budget pertaining to Railway Finance and the General Budget which gives an overall picture of the financial position of the Government of India‚ excluding the Railways
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Poverty is general scarcity or dearth‚ or the state of one who lacks a certain amount of material possessions or money.[1] Absolute poverty or destitution refers to the deprivation of basic human needs‚ which commonly includes food‚ water‚ sanitation‚ clothing‚ shelter‚ health care and education. Relative poverty is defined contextually as economic inequality in the location or society in which people live.[2][3]After the industrial revolution‚ mass production in factories made production goods increasingly
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Why I deserve a raise? One of the most important aspects of my life right now is my job. I’ve accomplished many goals and met standards set by you. I always listened to what you had to say and respected your authority. I’ve never been late to work; working 5 days a week. No matter how busy we get I’ve always managed to keep the box in balance and keep my customers satisfied. When the time comes and there is something new to do‚ you give me instructions and let me know what to do. Every
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it will be appropriate for the firm to report the resources/assets at their liquidation value. Circumstances under which an enterprise may not be going concern: It will be useful at this juncture to study the circumstances which give indications about the fact that the enterprise is not a going concern or it may cease to be a going concern very soon. In many situations‚ several circumstances may be present at the same time. The circumstances involving liquidity problems: An enterprise is said
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1.5. Security Concern For any infrastructure or industry the most important part is it’s security. Basically the prime target to secure the industry from physical attack. In electric power industry physical attack is shutdown‚ break down etc. In chemical industry physical attack is leaking of chemical etc. These kind of attacks is known as physical attacks. physical attacks are done by anybody like human error‚ computer system failure. Second type of attack is cyber attacks. Cyber attacks are done
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Theme: ―Sustaining Confidence in the Future of the Ghanaian Economy‖ REPUBLIC OF GHANA BUDGET SPEECH BUDGET STATEMENT AND ECONOMIC POLICY of the GOVERNMENT OF GHANA for the 2013 FINANCIAL YEAR Parliament On th Tuesday‚ 5 March‚ 2013 PRESENTED TO SETH E. TERKPER Minister for Finance On the Authority Of the H.E PRESIDENT JOHN D. MAHAMA 1 Theme: ―Sustaining Confidence in the Future of the Ghanaian Economy‖ INTRODUCTION 1. Mr. Speaker‚ I beg to move that this
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Ernst and Young LLP found that for every drug that is able to pass the entire test and acquire the certification to launch to the market‚ on average‚ it costs $500 million. The pharmaceutical companies invest a lot of money in R&D and technological areas to develop new drugs. Without these initiatives‚ most of the new drugs on the market will not exist and from that people will suffer from disease. The system of granting patents is important for drug companies to generate profits to do research to
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4 PLANNING FOR URBAN INFRASTRUCTURE Olivier Toutain and S. Gopiprasad URBAN PLANNING: THE ISSUES INVOLVED U rban India today‚ faces serious challenges of growth and its management. Across geographies‚ the issues of urbanization manifest in the form of overcrowding‚ congestion‚ insufficient infrastructure‚ inadequate service provisioning—mainly in terms of drinking water‚ sanitation‚ energy‚ transport‚ solid waste management‚ environmental degradation‚ and pollution‚ etc. These‚ along with the
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