NRI BANKING With a view to attract the savings and other remittance into India through banking channels from the person of Indian Nationality / Origin who are residing abroad and bolster the balance of payment position‚ the Government of India introduced in 1970 Non-Resident(External) Account Rules which are governed by the Exchange Control Regulations. The funds held in Non-Resident (External) Accounts (NRE Accounts) qualify for certain benefits like exemptions
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Shadow Banking System and its role in the global financial crisis What is shadow banking system Shadow Banking System (SBS) refers to a collection of financial entities‚ infrastructures and practices which support financial transactions but beyond the regulation and monitor from the government or official regulators. Some financial institutions‚ like investment banks‚ may conduct some their transactions in the shadow banking system‚ but they are not SBS institutions themselves. The term was
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Chrisman White Ms. Lowry English 1102 January 19‚ 2013 Down Goes Banking Up Comes Problem-Posing In the article “The Banking Concept of Education‚” Friere claims that the teacher and student’s relationship is fundamentally narrative in which the students are somewhat being trapped in the system of “Banking Education”. Freire goes on to say that education is suffering from narrative sickness‚ which means that information is being repeated constantly to the point where it has no meaning
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are expected to memorize the information‚ this is known as the banking concept. If the students only memorize the information‚ are they even learning what the information truly means or are they just memorizing the information long enough to take a test? The "Banking" Concept of Education is not only ineffective but also contributes to students suffering with the inability to think for themselves and creatively. In his essay‚ The "Banking" Concept of Education‚ Paulo Freire basically states that education
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Database Management Systems I work part time in a marketing research organization‚ which deals with research in the pharmaceutical industry. The total function of this department is to bring out a market research report‚ every month. This report is circulated to the pharmaceutical companies‚ and contains information on the sales of various drugs in the categorized geographical areas of the nation. An important stage in preparation of this report is giving a numeric code to the drugs prescribed
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teachers around the world have been applying the “Banking concept” towards the way they teach their students; and in my perspective it is not the best way of implementing the kind of learning our children need in the future to help them succeed in life. Throughout my education teachers have expected me to memorize facts. They would narrate details without thinking about how the concepts of their teachings would relate to the real world. This “Banking Concept” prevents students from using their cognitive
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Federal Reserve Bank of New York Staff Reports Shadow Banking Zoltan Pozsar Tobias Adrian Adam Ashcraft Hayley Boesky Staff Report no. 458 July 2010 This paper presents preliminary findings and is being distributed to economists and other interested readers solely to stimulate discussion and elicit comments. The views expressed in this paper are those of the authors and are not necessarily reflective of views at the Federal Reserve Bank of New York or the Federal Reserve System. Any errors
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E-Banking INTRODUCTION A sound and effective banking system is the backbone of an economy. The economy of a country can function smoothly and without many hassles if the banking system backing it is not only flexible but also capable of meeting the new challenges posed by the technology and other external as well as internal factors. channel. The technology holds the key to the future success of Indian Banks.. The existence of Electronic banking also becomes inevitable due to the standards
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Bibliography: Primary Sources: Banking Regulations Act‚ 1949 Reserve Bank of India Act‚ 1934 Secondary Sources: Books: M.L.Tannan‚ Tannan ’s Banking Law and Practice‚ New Delhi (2004) P.K.Srivastava‚ Banking Theory and Practice‚ Mumbai (2007) R.P.Nainta‚ Banking Systems‚ Frauds and Legal Control‚ New Delhi (2005)
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Database Modeling and Design: Logical Design 4th Edition Toby Teorey‚ Sam Lightstone‚ Tom Nadeau Lecture Notes Contents I. Introduction ................................................................………...……2 Relational database life cycle 3 Characteristics of a good database design process 6 II. The Entity-Relationship (ER) Model …………...……………….7 Basic ER concepts 7 Ternary relationships 11 III. The Unified Modeling Language (UML)………...…………….13 Class diagrams 13 Activity
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