The Sykes–Picot Agreement of 1916 was a secret agreement between the governments of the UK and France‚ with the assent of Imperial Russia‚ defining their respective spheres of influence and control in Western Asia after the expected downfall of the Ottoman Empire during World War I. On the night of April 9‚ 1948‚ the Irgun Zvei Leumi surrounded the village of Deir Yasin‚ located on the outskirts of Jerusalem. After giving the sleeping residents a 15 minute warning to evacuated‚ Menachem Begin’s
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History of BANKing in pakistan Banking in fact is primitive as human society‚ for ever since man came to realize the importance of money as a medium of exchange; the necessity of a controlling or regulating agency or institution was naturally felt. Perhaps it was the Babylonians who developed banking system as early as 2000 BC. IT is evident that the temples of Babylon were used as ‘Banks’ because of the prevalent respect and confidence in the clergy. The partition plan was announced on June 3
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CHAPTER 1 INTRODUCTION 1.1 PROFILE OF INSURANCE INDUSTRY 1.1.1 The life insurance scenario in India Since 1956‚ the nationalization of the insurance industry‚ the state run Life Insurance Corporation on India (LIC) has held the monopoly in that country’s life insurance sector General Insurance Corporation of India (GIC)‚ with its four subsidiaries‚ was its counterpart in the causality sector. Over time‚ taking advantage of its monopoly and virtual prerogative in establishing
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A.W.J. (Tony) Fernandez This article highlights the challenges posed to Indian Licenced Insurance Surveyors appointed by Indian Hull & Machinery (H&M) Insurers for claims reported under H&M Polices‚ and Policy Holders‚ due to the dichotomy between the law and practice referred to in H&M Policies of Insurance and the Regulation of the Insurance Regulatory Development Authority (IRDA) with specific reference to the Duties and Responsibilities of Licenced Surveyors.Policies of H&M Insurance issued
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Britain after Two World Wars There was a country once called “the empire on which the sun never sets”‚ and it used to be the most powerful countries in the world. It’s the Britain. Britain plays an extremely important role of the world in the modern history. It used to take the lead carrying out Bourgeois Revolution and have the original Industrial Revolution. After two world wars‚ especially the World War II‚ this old-fashion empire gradually goes downhill. Finally and eventually‚ it has
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EVALUATION AND STRUCTURE OF COMMERCIAL BANKS IN INDIA Vinod Raina‚ ACS‚ Company Secretary Anjani Technolast Limited‚ Noida Introduction In the earlier societies functions of a bank were done by the corresponding institutions dealing with loans and advances. Britishers brought into India the modern concept of banking by the start of Bank of England in 1694. In 1708‚ the bank of England was given the monopoly for the issue of currency notes by an Act. In nineteenth century various banks started
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My Name... Period 02 April 15‚ 2013 Changes and Continuities During 1700 C.E to 1900 C.E From the time period of 1700 C.E to 1900 C.E there were long distance migrations happening around the world. Nevertheless‚ a continuity was missionary activity throughout America and China‚ while some changes in long distance migration from that time period occurred as European‚ African‚ and Chinese laborers were sent to the Americas‚ Long distance migrations were also established through missionary activity
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Indian Overseas Bank Indian Overseas Bank (IOB; established 1937) is a major bank based in Chennai (Madras)‚ with 1‚400 domestic branches and six branches overseas. Indian Overseas Bank has an ISO certified inhouse Information Technology department‚ which has developed the software that 900 branches use to provide online banking to customers; the bank has a target to expand online banking to 1200 branches by the end of financial year 2007-08. IOB also has a network of about 500 ATMs all over India
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explained under three different heads namely: • History of Banking in India • Nationalization of Banks in India • Scheduled Commercial Banks in India The first deals with the history part since the dawn of banking system in India. Government took major step in the 1969 to put the banking sector into systems and it nationalized 14 private banks in the mentioned year. This has been elaborated in Nationalization Banks in India. The last but not the least explains about the scheduled and unscheduled
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Following are the salient features of India as a developing economy: • Rise in Net National Product • Rise in Per Capita Income • Structural Changes Structural Changes of India: Apart from the growth in quantitative terms‚ there have been significant changes in India’s economic structure since 1947. The structural changes indicate that the process of development which began in the early 1950s is still continuing. However the speed of change is slow and in certain areas one cannot say confidently
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