CHAPTER –6 Credit creation by commercial Bank Demand deposits as money Bank deposits are two types. 1. Demand Deposit 2. Time deposit The demand deposits on which cheques are issued are also called as cash deposits or current deposits. D.D are therefore‚ almost as good as cash money the depositor can convert a part or the whole of the current account in currency notes at any time. According to T.T Sethi “A demand deposit is the obligation of a bank to pay a certain sum of money to a specified
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Chapter 1: Myth #1 – Most People Only Use 10% of Their Brain Power Most people believe that people only use 10% of the brain power because they are hopeful. Even very educated people fall into this trap. If only ten percent is being used‚ there is plenty of room to become smarter. But this is untrue. Businesses feed off this hope for self-improvement‚ and therefore‚ create products that do not actually aid in self-improvement but just act as a “feel good” product for the customer. But these scams
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Myths And Heroes in A Lesson Before Dying A Lesson Before Dying During the time of the Enlightenment Period‚ a major issue mentioned by philosophers was that every man is born with natural rights. A hero is someone that does something that no other man can do; he does things for others‚ and is willing to face reality and any thing else that stands in the way. In the novel A Lesson Before Dying the author Ernest J. Gaines shows how a black man had to fight to have these
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Greek Mythology: How it Relates to Greek Religion and Culture Ancient Greeks believed in a series of myths‚ which explained nature‚ set the moral code for the Greek people‚ and some were just entertaining stories. These myths turned the Greek world from a world of fear into a world of wondrous beauty. Many of these gods and goddesses were associated with a particular task or activity (Buxton). The Greek people believed that the gods were incorporated into every aspect of their lives. The Ancient
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Greek Heroes are common in mythology stories and they have many similar characteristics. In the story the “Quest of the Golden Fleece‚” Jason is shown as a hero and fits into the criteria of what makes a Greek hero. First of all‚ Jason was born into royalty‚ as his dad was a king in Greece. In addition‚ he was sent away at a young age to live elsewhere so that he would be safe (158‚159). These are characteristics of Greek heroes. He was also part of a prophecy in which he was to overthrow Pelias
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The greeks may have laid the basis for a lot of things in the common era‚ but one thing they did differently was their medicine. They first believed that disease was caused by demons and that Asclepius could cure diseases(quatr). So the doctors thought that they could cure patients through sacrifice and prayer(quatr). They would model the diseased body parts so they could be offered to Asclepius. However‚ by the 5th century B.C.E. doctors started trying a more material approach‚ they started using
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The Creation of Criminals Sociology 305 April 12‚ 2010 Abstract Crime and criminals are typically looked at from the outside as being a social problem "othered" by those combatting and/or suffering from it. In order to successfully address the various phenomena of criminal activity and especially criminal behavior as a whole‚ it is necessary to understand the motivations and methods of criminals in a vocational sense - as with any other labelled career - as well as examining the societal
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The Creation of Woman (A Parable from India) In the beginning‚ when Twashtri came to the creation of woman‚ he found that he had exhausted his materials in making of the man‚ and that no solid elements were left. In this dilemma‚ after profound meditation‚ he did as follows: He took the rotundity of the moon‚ and the curves of creepers‚ and the clinging of tendrils‚ and the trembling of grass‚ and the slenderness of the reed‚ and the bloom of flowers‚ and the lightness of deer and the joyous
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Allow me to start with the definition of what is called a myth and what is called a hero. There is not one and a unique definition of the word myth but there are many. As a matter of fact‚ we have to distinguish between ancient mythology and today’s mythology. Ancient mythology consists of folklore stories that put in connection the world of Gods and the world of Men. So we hear about supernatural people and conflicts between the gods that fight over the earth; but nowadays mythology has modified
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The Greek Gods Many people would blatantly state that the importance of the gods in Greek society derives from the fact that Gods in any society are usually used to explain phenomenon that people cannot logically comprehend‚ but in ancient Greece gods were actually entities that took part in the workings of society itself. Even simple aspects of day-to-day life such as sex and disputes between mortals were supposedly influenced by godly workings. Unlike modern religions such as Catholicism
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