|Pocket money as the name suggests is money given to children to take care of petty expenses. This amount of money | |can be given by parents ’ everyday‚ every week or every month or even on adhoc basis‚ as and when the child requires| |it. As long as the child has the freedom to spend the money‚ it will be deemed as pocket money. | |Parents extensively differ in their perspectives of whether or not to give pocket money to children. Some parents | |believe that pocket money
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country’s money supply that results from banks being able to lend. The size of the multiplier effect depends on the percentage of deposits that banks are required to hold as reserves. In other words‚ it is money used to create more money and is calculated by dividing total bank deposits by the reserve requirement. Investopedia explains ’Multiplier Effect’ The multiplier effect depends on the set reserve requirement. So‚ to calculate the impact of the multiplier effect on the money supply‚ we
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STEPS TO SAVING MONEY Saving money is essential to anybody with a futuristic mindset. It’s always good to have a bundle of cash when needed for emergencies. The reason people save is not limited to emergency tough‚ saving money has many incentives which might be motivated by the need to invest in a home‚ a vehicle‚ land or maybe a small business. Saving money is the only way to have your cake and eat it too. The following steps are a few secrets to help individuals efficiently save money. • Saving is
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Causes for Generation of Black Money There are several factors responsible for the emergence – of black money. It would be relevant to discuss those factors so that a correct understanding about the genesis‚ growth and expansion of black money can be made. The principal factors are: (i) Beginning of the evil: The beginning of this evil can be traced to the Second World War. During this period supplies of industrial goods from the traditional suppliers of the West were cut off. This resulted in
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Money in Politics In the world of politics today there are many problems. Nasty campaigning and Slamming ones opponent have become commonplace in today’s world. This is a very Distinct problem. Yet the root of the problem isn’t the candidates themselves‚ in most Cases. The national committees for the republicans and the democrats is at the true heart Of the problem. The money which is spent by those massive institutions to their party’s candidate in each election is
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The Indian money market is "a market for short-term and Long term funds with maturity ranging from overnight to one year and includes financial instruments that are deemed to be close substitutes of money."[1] It is diversified and has evolved through many stages‚ from the conventional platform of treasury bills and call money to commercial paper‚ certificates of deposit‚ repos‚ FRAs and IRS more recently. The Indian money market consists of diverse sub-markets‚ each dealing in a particular type
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always ask one question “ Which is more important money or love”. No one can really answer the question be people always give there opinions. In this essay I will be giving information on both and providing my opinion on the well argued subject. First I will be telling you about love and what it is to me. Second I will be telling you about money and what it is to me. Third I will be telling you my opinion on whether I think love is more important than money. What is love? It is one of the most difficult
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the History of Money or basically how money evolved. I know none of you like history‚ but I will make an attempt at making it as interesting for you as I can. The evolution of money commenced years and years and years…. And years ago! So here comes the definition. Intro: Money is any object or record that is generally accepted as payment for goods and services and repayment of debts in a given socio-economic context or country. But‚ how did money come about? The history of money begins around 2500
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Money management From Wikipedia‚ the free encyclopedia For the magazine‚ see Money Management. For the professional management of investment funds‚ see Asset management. Money management the process of managing money which includes investment‚ budgeting‚ banking and taxes. It is also called investment management. Money management is a strategic technique employed at making money yield the highest of interest-yielding value for any amount of it spent. Spending money to provide all cravings (regardless
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Money laundering and the financing of terrorism are financial crimes with economic effects. They can threaten the stability of a country’s financial sector or its external stability more generally. Effective anti-money laundering and combating the financing of terrorism regimes are essential to protect the integrity of markets and of the global financial framework as they help mitigate the factors that facilitate financial abuse. Action to prevent and combat money laundering and the financing of
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