Chapter-1 Introduction Definition of banks In India‚ the definition of the business of banking has been given in the Banking Regulation Act‚ (BR Act)‚ 1949. According to Section 5(c) of the BR Act‚ ’a banking company is a company which transacts the business of banking in India.’ Further‚ Section 5(b) of the BR Act defines banking as‚ ’accepting‚ for the purpose of lending or investment‚ of deposits of money from the public‚ repayable on demand or otherwise‚ and withdrawal‚ by cheque‚ draft
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Running head: Credit Agricole and BP Credit Agricole PARIS (AFP) – French bank Credit Agricole‚ one of the biggest European banks by capitalisation‚ reported a doubling of net profit to 1.0 billion euros ($1.42 billion) in the first quarter‚ on Friday. The price of shares in the bank showed a gain of 1.40 percent to 11.23 euros in a market up 0.57 percent overall. The outcome‚ marking an increase of 112 percent from the result 12 months ago‚ was in line with average estimates of analysts as
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Post-1914 play Educating Rita- To what extent do you agree that Educating Rita is a feminist play? The play ‘Educating Rita’ is set in Liverpool during the 1970s‚ with only two main characters: Rita White and Frank. Rita‚ a vibrant and bubbly twenty-six year old‚ uneducated‚ working class woman enrols at the Open University‚ her real name is Susan‚ but she changed it to Rita in honour of Rita Mae Brown‚ a junk novelist. Frank‚ however‚ is an educated‚ middle class man with a drinking problem
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Do you agree or disagree with the following statement? "actions speak louder than words" That actions play an important role in making every person’s life is an undeniable fact. Should people realize the advantages of being active persons instead of being talkative person in their lives‚ they will ponder over them much more scrupulously. This issue has recently been the topic of debate among experts. I do believe that our actions speak louder than our words‚ and these are my justifications. To
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Value of Money to Security Valuation – Valuation of Bonds and Debt Securities A bond or a debenture is a long term debt instrument carrying a fixed rate of interest which is known to investors. A bond is redeemable after a specified period. Bonds are also called gilt edged securities or gilt when issued by the government since it is free of default risk. Features of a Bond or Debenture • Face Value – Face value is called par value. A bond / debenture is generally issued at a par value and
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Analysis of Unilever’s Risks and Risk Management Strategies Introduction With the rapid development of modern economy‚ companies are always exposed to risks which are penetrating to all walks of life and not only exist in the products market‚ but also exist in financial market (Ballou‚ 2005). It is undoubtedly that risks jeopardize the company’s development in that they may increase the cost of a company’s operation and make it harder for a company to make a crucial decision. Accordingly‚ it is
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How far do you agree with this statement: ‘The Treaty of Versailles Was Unfair for Germany’ The treaty of Versailles was a treaty made upon the surrender of Germany in the WW1. This treaty was made to stop another war happening again. The treaty was made by the France‚ Britain and USA. In my opinion‚ I agree that the treaty of Versailles was unfair for Germany. I have made a few points considering the both sides whether the treaty is unfair or unfair for Germany Fair Treaty of Brest-Litovsk
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Globalisation is the growth to a global or worldwide scale. It is the increase of trade around the world‚ especially by large companies producing and trading goods in many different countries. When available goods and services‚ or social and cultural influences‚ gradually become similar in all parts of the world. Examples of globalisation are Companies such as Toyota‚ a Japanese company that has become globalised and is now a worldwide company. Another example is Nike which was originated in Beaverton
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Post Graduate Diploma in International Business Management (Jan‐June 2013) A project report on CARBON CREDITS AND ITS TRADING A CASE STUDY Submitted to: AHMEDABAD MANAGEMENT ASSOCIATION & CALIFORNIA STATE UNIVERSITY SAN BERNARDINO‚ USA By ANKUR MATHUR HIRAL RUPAREL ARCHAN SHAH Table of Contents Acknowledgement .......................................................................................................... (i) Executive Summary
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“Recent scientific and technological innovations have enhanced the quality of life.” Do you agree? The quality of life is normally taken to mean the general well being of people and the environment in which they live in. it is undeniable that recent scientific and technological innovations have enhanced the quality of life for many. However‚ the developments of today that promise us a better quality of life are also the ones that can worsen the quality of life. Science and technology give their
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