Question: Differentiate between the collection function and recovery function of a financial institution. The collection function collects payments from accounts which are delinquent‚ that is those who make payments later than their contractual due date. This is happened when the loan not yet turns bad; the problem is not so serious. The recovery function collects money still owed on accounts after the financial institution has classified the account as non-performing or has written off the account
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CREDIT POINT SYSTEM OF EXAMINATION FROM MAY 2012 THE CREDIT POINT SYSTEM HAS BEEN INTRODUCED 1. 2. 3. 4. 5. The name and codes of existing subjects remain unchanged. Each subject of study is assigned credit points as given in Annexure. The credit points are assigned‚ keeping in view‚ the level of examination and the difficulty level of the subject. The above system will allow flexibility to the candidates to choose subjects of his/her choice from the available subjects and accumulate
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opening hours. credit cards can also be used in an ATM to withdraw money against the credit limit extended to the card‚ but many card issuers charge interest on cash advances before they do so on purchases. The interest on cash advances is commonly charged from the date the withdrawal is made‚ rather than the monthly billing date. Many card issuers levy a commission for cash withdrawals‚ even if the ATM belongs to the same bank as the card issuer. Merchants do not offer cashback on credit card transactions
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Discuss and evaluate the advantages and disadvantages for an international student of studying at a university in Britain. Nowadays more and more students want to study abroad‚ mostly because it gives them the opportunity to become independent and more responsible in life. The most popular choice is Britain‚ because today the world’s most widely spoken language is English. Choosing education among native speakers gives you a distinct advantage in the study and in subsequent search for a job
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From Beowulf-Part 1 * According to lines 19-23‚ what does the story of Grendel’s origin suggest about the beliefs Anglo-Saxon culture? : You could tell they were very religious. * Contrast the lair of Grendel to Herot Hall. : Grendel’s lair was underground & dark‚ & Herot Hall was a happier place full of joy. * Paraphrase lines 34-40. : Grendel silently snatched & killed 30 men‚ dragging their bodies back to his lair. Identify the following terms * Name
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Title Page: Card Skimming Frequent Credit Card Fraud due to Card Skimming Background Credit Card Fraud is one of the biggest threats to business establishments today. Originally‚ credit cards simply carried raised numbers that were transferred to a carbon copy with a card-swiping machine. The merchant simply accepted any card presented. Spending limits and printed lists of lost/stolen cards were ineffective in preventing fraud and other financial losses. Merchants were required to telephone a
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societies and credit unions (funnelling small savings into home mortgage lending or shorter term lending) was eroded by competition. Deregulation of the financial industry freed
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personal your financial responsibility. It is important to know the significance of credit and debt. Without knowing what each does to you personally‚ can be very harmful to your financial well being. Having a good credit score can help you sustain your personal financial responsibility. Getting a good credit score is not that difficult‚ but maintaining a good score may be. You need to have manageable debt‚ so that your credit score won’t decline but will peak at a good score and will stay at that score
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at the materials at the bottom of the Gizmo™. Which ones do you think will stick to a bar magnet? Nickel‚ and Iron. 2. Ferromagnetic materials are strongly attracted to magnets. Drag a bar magnet and the piece of nickel onto the scribbled line. Press Play ([pic]). A. Is nickel ferromagnetic? Yes B. How do you know? The atoms in ferromagnetic materials like to align their magnetic dipoles with the external field. 3. Test copper‚ wood‚ glass‚ and iron. Which ones are
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DEPARTMENT OF BUSINESS ADMINISTRATION.PAPER PRESENTATION ON BUS 323 TOPIC: LINE BALANCING AND AUTOMATION. PRESENTED TO MRS. RONKE.There is a need for every firm or industry to balance their production line or assembly line so that there is an even flow of production units form one work station to the next. In order to reduce cost of production it is necessary to avoid idleness of machines and with it‚ the labour‚ well-balanced lines improve labour work. The introduction of automation in industries or
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