industries in the world. The government receive huge amount of taxes from cigarettes companies and it actually uses the money to help fund the welfare program‚ in which a lot of people can benefit from. Making production and sale of cigarettes illegal will definitely hurt the income of the government‚ and add pressures on many people who are in need of welfare programs. Some producers of cigarettes will probably keep the business running under the table‚ as they are still attracted by the humongous
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The use of a bank located outside the legal jurisdiction of the country of one’s residence for all banking and financial services can be called offshore banking. Offshore banks normally are situated in tax havens and provide secrecy and safety for the depositors. It was the English who coined the word offshore to specify tax havens located in the British Channel Islands‚ which were actually off the shores of Great Britain. The banks located in these islands offering tax savings were the pioneers
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BANKING AWARENESS 1. On the recommendation of which committee was NABARD established? (a) Shivraman (b) Rangarajan (c) Malegam (d) Vijay Kelkar 2. ‘Swabhiman’‚ the financial inclusion scheme‚ comes under the purview of which ministry? (a) Ministry of Commerce (b) Ministry of Home Affairs (c) Ministry of Finance (d) Ministry of External Affairs 3. RBI was established on ___________. (a) April 1‚ 1925 (b) April 1‚ 1935 (c) April 1‚ 1945 (d) April 1‚ 1955
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Quarterly Bank-wise Access to SBP IRC Facilities FY 2012-13 No. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 Name of Institutions Industrial Development Bank Limited Pak Kuwait Investment Co. Limited Faysal Bank Limited Summit Bank Limited United Bank Limited SILKBANK Limited The Bank of Punjab NIB Bank Limited Pak Brunei Investmnet Co. Limited Pak-China Investment Co. Limited Pak Libya Holding Co. Limited MCB Bank Limited Habib Bank
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Understanding Employment Responsibilities and Rights in Health ‚ Social Care or Children’s and Young People’s Settings. 1 . Aspects of employment covered by law Contract of employment Health and safety Discrimination Redundancy and Dismissal Disciplinary procedures Training . 2. Contract of employment Working hours.
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Money and Banking: Islamic Banking & Conventional Banking Submitted By: Rehman Sohail Hamza Arshad Submitted To: Ms. Shehla Akhtar [pic] Management Sciences Department National University of Modern Languages H-9‚ Islamabad Islamic Banking Vs Conventional Banking One must refrain from making a direct comparison between Islamic banking and conventional banking (apple to apple comparison). This is because
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Banking in Nepal: A History of Banking System in Nepal This post is about banking in Nepal‚ a history of banking system in Nepal. In the context of Nepal‚ it is very difficult to trace the correct chorological history of the Banking systems in Nepal because there are no sufficient historical records and data about Banking in Nepal. Nepal bank Ltd. is the first modern bank of Nepal. It is taken as the milestone of modern banking of the country. Nepal bank marks the beginning of a new era in the
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EMERGING ISSUES & OPPORTUNITIES OF RETAIL BANKING IN INDIA 1.0 RETAIL BANKING –An Introduction Retail banking is‚ however‚ quite broad in nature - it refers to the dealing of commercial banks with individual customers‚ both on liabilities and assets sides of the balance sheet. Fixed‚ current / savings accounts on the liabilities side; and mortgages‚ loans (e.g.‚ personal‚ housing‚ auto‚ and educational) on the assets side‚ are the more important of the products offered by banks. Related ancillary
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service bankers function‚ and the studies have found that the exploratory research was used in order to identify all problems associated with customer service. A casual research will identify the cause-and-effect relationship between the bank employees and its customers by sending out surveys to all customers in order to receive their input on their bank experience. A non-probability sampling method will be used to allow the sample to be selected on the basis of personal judgment‚ sample size will
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Banking in India: evolution in technology Thought Paper www.infosys.com/finacle Universal Banking Solution | Systems Integration | Consulting | Business Process Outsourcing Origins of banking The origins of banking can be traced to ancient times‚ starting with rudimentary money lending and bartering practices for agricultural and other commodities. But it gained great momentum only after the industrial revolution which commenced in Europe in the 17th century‚ when Europeans started
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