Quiz 381: General Socio Economic Awareness for Banking Examinations 1.In context with the Banking Industry‚ which among the following was not a promise made by India’s Finance Minister Pranab Mukherjee in the Union Budget 2010-11? (A)To provide a sum of Rs.16‚500 crore to ensure that the Public Sector Banks are able to attain a minimum 8 per cent Tier-I capital by March 31‚ 2011 (B)To provide further capital to strengthen the RRBs (C)To give additional banking licenses to private sector players
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When a manger finds that demand exceeds inventory‚ the answer lies in making more goods. When a manager finds that inventory exceeds demand‚ the answer lies in making fewer goods. But what if a company management finds that they just do not know which situation applies? This is the situation that recently confronted management at Rollerblade‚ the popular skate manufacturer based in Minnetonka‚ Minnesota. Rollerblade has been one of the leading firms in the fast growing high performance roller
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Chapter 1 1.1 Introduction Global economic slowdown a situation in which GDP growth slows but does not decline. For example‚ if GDP goes from 5% growth to 3% growth‚ an economy is experiencing a slowdown (http://financialdictionary.thefreedictionary.com/Economic+Slowdown‚ 2012). Most analysts do not consider a slowdown to be a recession‚ as global recession is a decline in a country’s gross domestic product (GDP) growth for two or more consecutive quarters of a year‚ it also preceded by several quarters
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1 2010 _SIMEON ABUMERE IYOHA PG/EDU0003886_ [ ASSIGNMENT FOR BUS 815-ENTREPRENEURIAL DEVELOPMENT 2008/2009] _ENTREPRENEUR AND ECONOMIC DEVELOPMENT OF NIGERIA: PROBLEMS AND PROSPECTS_ � INTRODUCTION "No amount of pay would be enough for an employee of an organization to live a comfortable life that he would please"- this assertion is a common place phrase that new inductee of banks are tutored with on entering into the financial systems of Nigeria banks and this mantra is soon forgotten
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Chapter 19 Comprehensive Problem 83 Identify significant tax and non tax issues of concerns that may differ across entity types. Limited Partnership: Tax issues and concerns: Partners will pay taxes on profits they receive from their investments. Tax liability is determined by tax basis base on original investments. In this case Dawn is 30%‚ Linda is 30% and Mike is 40%. Partners need to pay taxes on income whether they receive this income or reinvested back into the business. General or active
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are the main problems associated with economic development in Russia? Good. OK. Let’s begin. Good morning ladies and gentlemen. My name is … ‚ let me begin by giving our term of reference. It’s my privilege today to be talking to this distinguished gathering of professional experts in the field. My aim today is to discuss the main problems associated with economic development in Russia. I’ve divided my presentation into two sections. First‚ I’ll mention some words what is economic development
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The economic framework of local governance The economic foundations of the local government of the Republic of Kazakhstan are: - Municipal property; - Local finance; - Property in state ownership and transferred to the management of local governments. The material and financial resources‚ which are the economic foundation of local government‚ determine in fact the efficiency of local government. The economic foundation for local governance is a set of legal norms that regulate social relations
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Some major economic problems currently facing the United States are poverty‚ welfare‚ and equal pay. The word poverty is defined by the Office of Management and Budget‚ the definition is a person with an income less than suitable to buy the basic necessities to live like food and a place to sleep. Poverty is not the same in every state and there is not just one meaning or one type of poverty‚ there are actually 6 types of poverty: rural‚ general‚ urban‚ relative‚ situational‚ and absolute. The
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PROBLEM STATEMENT AND JUSTIFICATION Ethiopia is one of the countries with the highest rate of population growth in Africa. For long‚ there has not been corresponding economic growth to meet the needs of the ever growing population in the country. Consequently‚ the people have been subjected to poor living condition both in urban and rural area. In urban areas; there have been multiple factors those have contributed to different problems on the top of the general poverty and fall in the living
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The Answer by Karl Nemsow Voyager1 sails through deep space all alone. It has been on its journey since 1977 sending back glimpses of the solar system to help humankind find some answers. One of the greatest questions asked by humankind is what‚ or who‚ else might exist out in our grandiose cosmos. A cosmos 13.7 billion years old‚ which is so massive that it is incomprehensible to the human mind. Dr Vince Hawking tried to comprehend such concepts every single day. It made him wonder if
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