A term paper on Macroeconomic issues “INFLATION TREND IN NEPAL CAUSES AND REMEDIES” (For the partial fulfillment of requirement of MBA program) January‚ 2014 1. What is Inflation?? Inflation is the situation of the market disequilibrium in which prices of most of the goods and services persistently rise and the value of the money fall accordingly for relatively longer period of time. Inflation occurs when the amount of the money the purchaser of goods and services
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certificate to unit saving scheme or group saving scheme issued by any corporate body in accordance with the prevailing laws or negotiable certificate of deposit or treasury bill issued by Nepal Government and it includes the securities issued under full guarantee of Nepal Government by a notification published in the Nepal Gazette or receipts relating to deposits of securities as well as rights and interest relating to securities (Security Exchange Act‚ 1983). Financial instruments are traded in the financial
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Chapter I Introduction 1. Background 1. 1. History Nepal Development Bank Limited (NDBL) was established under the Company Act‚ 2053(1997) in Chaitra 6‚ 2054 (March 19‚ 1998). It was the first national level development bank established by the private sector in Nepal. It had commenced its operation since Magh 17‚ 2055(January 31‚ 1999) as per Development Bank Act‚ 2052 (1996). Since Baisakh 21‚ 2063(May 4‚ 2006)‚ it had imparted its services in accordance with Bank and Financial Institution
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complete performance of the contract. Similarly‚ one of the parties may also absolve the other party from the contractual obligation. Section 81 of the Contract Act of Nepal mentions that the in case the parties to contract agree‚ the work under contract can be suspended or deferred or the work under contract may be replaced by new work. Similarly‚ as per the section 73 (a) of Contract act mentions that contract need not be performed in case one party to the contract absolves the other party from
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The Nepal Rastra Bank should not interfere in determining salaries of commercial banks’ Chief Executive Officers. Market forces such as demand and supply for banks’ CEOs should be allowed to determine banks’ CEOs’ salary. The issue of capping executives’ compensation emerged after the global financial crisis beginning mid-2008.Monetary Policy for the FY 2010-11 provided for making necessary arrangement by NRB to standardize and maintain transparency in respect of salary and benefits of Directors
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country name is Nepal. It is derived from two magical words ne and pala. The word Nepal means the country of peace and love. This is a country where lord Gautam Buddha ‘light of Asia’ was born. This is a country of Bir Gorkhalies. The highest peak in the world Mt. Everest is located in country which makes country in the top. There are many mountains in my country therefore it is called mountainous country. Many rivers flow from mountain to the hills and plain land of terai. My country Nepal is divided
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Jashan-e-Baharan Celebrations at CBM Jashan-e-Baharan or the onset of spring is celebrated all over the country and different festivals are organized on its arrival. CBM‚ one of the leading business schools of the country‚ organized a similar festival‚ ‘Basant Mela’ by name‚ on the 24th of March‚ 2008. The event‚ starting at 3:00 pm‚ was an astounding success with hundreds of students thronging the campus premises to participate in the festivities. The program wonderfully galvanized the enthusiasm
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Chinese New Year is really just around the corner. The Chinese will definitely be busy running errands to make sure that the Chinese New Year celebration is well prepared. Some may choose to start as early as a month before the celebration which also means the last month in the Lunar Calendar. This way‚ they get to plan things they need to have for the celebration and slowly distributing the tasks among the family members and then carry them out. Since Chinese New Year is the most important celebration
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Nepal is a Sovereign nation situated in South Asia‚ Sandwiched by two very big nations India and China. it is a country of wonder despite the fact it is very small in size; it covers only 0.003% of the world. Being so very small in size‚ it covers a wide range of verifies in terms of ethnicity‚ culture‚ language‚ fashion‚ atmosphere‚ landscape‚ animals‚ birds and many more. it is also the birth place of Lord Buddha‚ Lumbini and the highest peak of the world Mt. Everest along with other many snowy
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generation. Nepal is often jostled up amongst the facts and myths when it comes to hydro- electric power generation. There are facts that relate it to one of the richest countries in the world when it comes to resources. Then there is a myth‚ for a nation with such bountiful resources would have never been deprived of the basic needs like drinking water and electricity in this century. Amongst these dilemmas‚ the locals are suffering from constant load shedding as high as 14 hours a day‚ this year. An inconvenient
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