INTRODUCTION A merchant banking is a financial institution primarily engaged in offering financial services and advice to company and wealthy individuals on how to use their money. A merchant bank deal with commercial banking needs of finance‚ company & long term loans and stock writing. Merchant banking does not have retail offices where customer can go and access their account. A merchant bank is also called as wholesale banking.
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Although merchant banking activity was ushered in two decades ago‚ it was only in 1992 after the formation of Securities and Exchange Board of India that it is defined and a set of rules and regulations in place. Today a merchant banker is who has the ability to merchandise that is‚ create or expand a need and fulfill capital requirements. I have given an overview about the financial markets and the role of merchant bankers in the growth of these markets. My project covers how the merchant banks
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After the examination of the many facets of capitalism and consumerism‚ it became apparent that the modernistic capitalistic system is just another form of social control. Consumers‚ unintentionally are conditioned to reproduce their social standings. By purchasing a product’s symbolic value‚ they signal their wealth and class. Advertisers and marketeers combine the subconscious meaning behind products with tactics to trap consumers into the buy‚ use‚ discard cycle of planned obsolescence.
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Merchant Banking Merchant banking may be defined as‚ “an institution which covers a wide range of activities such as management of customer services‚ portfolio management‚ credit syndication‚ acceptance credit‚ counselling‚ insurance‚ etc.” Merchant Banks are popularly known as “issuing and accepting houses”. They offer a package of financial services. Unlike in the past‚ their activities are now primarily non-fund based. One of the basic requirements of merchant banks is highly professional
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This essay will be mainly focused on the similarities and the differences in two sociological perspectives which are the Marxist and the Functionalist approach when it comes to health and illness‚ also will define the definition of them. To support this essay‚ according to WHO (1946) health is a state of complete physical‚ social and mental well-being and not just the absence of disease or illness‚ however on the other hand health is a term that is normally difficult to be defined as everyone has
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Contributions and Drawbacks of Marxism Marxism is a theoretical system that created by Marx and Engels based on labor movements in the 19th century. Marxism was written upon a materialist interpretation of history. The Marxist theoretical system consists of three parts: Marxist philosophy‚ Marxist political economy and scientific socialism‚ which were created on the basis of the German classical philosophy‚ the British classical political economy and French utopian socialist influence respectively
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William Shakespeare’s “The Merchant of Venice” and Michele Roberts’ “Your Shoes” both explore similar themes of contrast‚ particularly within characters to create interest for the reader or audience. Shakespeare’s play was written in the late 1500s‚ a time of strict gender and age roles where society was largely focussed on social class that was impacted highly on by religion. This in turn led to constant discrimination to those who were not in the highest social class. Despite “Your Shoes” being
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because of their economic and social dominance (Rigauer‚ 2000). The Marixst theory is set up on economic factors and puts to much considertion on them. According to Marx he thinks money is everything within society and social life. Marxism tries to identify which sports are accessible to whom. A recent example: in contemporary British society class differences regarding participation rates in different sports can be found. The higher the social class‚ the more likely the individual
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“But love is blind‚ and lovers cannot see The pretty follies that themselves commit; For if they could‚ Cupid himself would blush To see me thus transformed to a boy” (Shakespeare‚ 37). The play The Merchant of Venice lays a huge emphasis on love and how it ultimately makes us human. Love is portrayed in many ways. There is love between family‚ friends and lovers. Each of the relationships in the play can teach us a lesson. We see in Antonio and Bassanio’s relationship that love may not always
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Marxism is a form of communism in which there are two distinctive classes: The production class (the bourgeoisie) and the working class (the proletariat).The idea is that the two classes work together in order to create a society in which there is no real need for currency or private ownership but instead it is a society in which the classes work together to achieve common goals. It is an idea that has yet to be proven as successful when put into practice. According to Karl Marx himself philosophy
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