Nationalism has helped build and shape world history since ancient times. It is more of a current expression‚ but the political ideology has been in existence for centuries. It was most predominant during the eighteenth and nineteenth centuries with revolutionary wars‚ World War II in the twentieth century and currently in the middle east. Even though Nationalism has transformed world history by positive events like building up communities and creating nationsit also has the ability to decompose
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Act of India‚ 1949. Since 1949‚ this sector has undergone phenomenal reforms due to the efforts and the vision of the policymakers. The first phase of reform began with nationalization of the 14 banks in 1969. At this stage‚ priority sectors were identified and banking support was given to them. The second phase was the nationalization of 6 more banks in 1980. However‚ what can be considered as a breakthrough in banking services was the entry to private sector banks which was initiated in 1993. Eight
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GE Capital Analysis Recommendation on Argentina’s future outlook Abstract This dissertation will determine Argentina’s current political‚ economical‚ social‚ and legal macro environments in order to make a consensus on a recommendation for the next step in GE Capital’s involvement within the country. Recommendation will be based on analysis on previous economic‚ political‚ legal and social environments of Venezuela
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banks. Financial institutions refused to lend to each other or to finance non-financial firms who needed to refinance their debt‚ or to pay their suppliers‚ or receive payments from their customers. Battling the crisis demanded a large-scale nationalization of banks. As a result recession which started in 2008 and continue to the present day‚ persistent high unemployment remains‚ along with low consumer confidence‚ the continuing decline in home values and increase in
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Belgium PESTEL Political Belgium is a politically stable country. The government type of Belgium is parliamentary democracy under a constitutional monarchy. Belgium achieved independence in October 4‚ 1830. The constitution was drafted in 1830‚ approved by congress and was enforced in 1831. In 1993‚ Belgian government consolidated a version of constitution by incorporating all previous versions in 1993. King Albert II is the chief of the state. Head of the government is the Prime minister
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tSTRUCTURE OF BANKS Commercial banks can be divided into 2 main categories: (1) Scheduled banks (2) Non-scheduled banks (1) Scheduled bank: A scheduled bank is so called because it has been included in the second schedule of Reserve bank of India Act‚ 1934. To be included in the schedule‚ the bank must satisfy the following 3 conditions: (a) It must have paid up capital and reserves of an aggregate value of at least Rs. 5 lakhs; (b) It must satisfy the reserve bank that its
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CHAPTER # 01 1. INTRODUCTION The National Bank of Pakistan is a Commercial Bank and transacts all types of Banking Business. The National Bank of Pakistan was established on November 29‚ 1949 as a semi public commercial bank. The Bank has the distinction of acting agent of the State Bank of Pakistan and operates treasuries where the State Bank of Pakistan does not have any office. The Head Office of the Bank is at Karachi. Ever since its establishment in 1949 it has been leading Commercial Bank
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Financial inclusion Financial inclusion is the availability of banking services at an affordable cost to disadvantaged and low-income groups. In India the basic concept of financial inclusion is having a saving or current account with any bank. In reality it includes loans‚ insurance services and much more. The first-ever Index of Financial Inclusion to find out the extent of reach of banking services among 100 countries‚ India has been ranked 50. Only 34% of Indian individuals have access to or
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They did this to increase federal share of the profits. The tax that was placed on these oil exports triggered an outcry‚ not only in Alberta but in the U.S‚ where American based energy companies accused the Trudeau government of nationalization and filling investment in the industry. Foreign companies began selling off energy assets in Canada‚ which eliminated many jobs‚ particularly in Alberta. Thousands of Albertans were unable to pay mortgages and the real estate market crashed due
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Introduction Regarding population and geographic extension‚ Chile is a small country with an estimated of 18 million people living in 291‚930 sq. mi.‚ located at the end of the world‚ in the Southern Cone‚ surrounded by Peru‚ Bolivia‚ Argentina‚ and the Ocean Pacific. However‚ it has been somehow relatively worldwide known due to the neoclassical policies applied since the mid-1970s‚ labeled also as neoliberal. Harvey explains neoliberalism as “a theory of political economy practices proposing that
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