Bank Loan Bank-An establishment authorized by a government to accept deposits‚ pay interest‚ clear checks‚ make loans‚ act as an intermediary in financial transactions‚ and provide other financial services to its customer: http://www.businessdictionary.com/definition/bank.html#ixzz2qTHMUNiX Loan- An arrangement in which a lender gives money or property to a borrower‚ and the borrower agrees to return the property or repay the money‚ usually along with interest‚ at some future point(s) in time.
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system of an organization lies in the system of performance appraisal adopted in that organization. This‚ in turn‚ reflects the extent of the individual contributions and commitment of the employees in different hierarchical levels towards the achievement of organizational goals. Generally‚ it is admitted that an effective performance appraisal can lead an organization to take strides towards marked success and growth. Conversely‚ an ineffective performance appraisal system can seal the fate of an organization
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Lecturer: Mr. Alvin Bowen Group Members Maritza Ramcharran 10/0803/ _________________________ Martina Rambarran 09/0803/ _________________________ Godfrey Stoby 10/0803/ _________________________ Yohanse Wyles 10/0803/ __________________________ Melroy Stephenson 10/0803/0171 __________________________ TABLE OF CONTENTS EXECUTIVE SUMMARY………………………………………………… 2 SITUATIONAL ANALYSIS ……………………………………………… 3 OBJECTIVES………………………………………………………………
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collateral. In conventional banks charging interest does not stop unless specific exception is made to a particular defaulted loan. Interest charged on a loan can be multiple of the principal‚ depending on the length of the loan period. More than half the population of the world is deprived of the financial services of the conventional banks. Objective of the Study Our objective of the study was to know the product differentiation of Islamic Bank and Conventional bank. In which way they differ from
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CENTRAL BANKS‚ STOCK EXCHANGE AND COMMERCIAL BANKS CENTRAL BANKS A central bank is the main national bank that provides a government and its commercial banking system with financial and banking services controlling the government’s monetary policy and issuing currency. Functions of a central bank include: • It has the sole right to issue currency – it maintains uniformity in the currency and manages it accordingly using knowledge about the economy • It is a banker‚ advisor and agent to the government
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1 The economic performance of one country measured by some macroeconomics phenomenon such as gross domestic product‚ rate of growth‚ national income‚ unemployment rate‚ inflation and price levels. The change of this phenomenon indicates the economic performance of a specific country. We will select Indian economy to conduct our analysis on economics performance. India is the world’s second most populous and tenth largest economy. As India is one of the largest economies and populous country‚ here
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Principles of Risk Management and Insurance‚ 11e (Rejda) Chapter 1 Risk in Our Society 1) Traditionally‚ risk has been defined as A) any situation in which the probability of loss is one. B) any situation in which the probability of loss is zero. C) uncertainty concerning the occurrence of loss. D) the probability of a loss occurring. Answer: C Question Status: Previous Edition 2) Objective risk is defined as A) the probability of loss. B) the relative variation of actual loss
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Introduction of performance appraisal | | 2.2 | Some definitions of performance appraisal | | 2.3 | History of performance appraisal | | 2.4 | Terms in performance appraisal | | 2.5 | Process of performance appraisal | | 2.6 | Pre-requisites for Effective & Successful Performance Appraisal | | 2.7 | Objectives of performance appraisal | | 2.8 | Purpose of performance appraisal | | 2.9 | Challenges of performance appraisal | | 2.10 | Approaches of performance appraisal |
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[Special Issue - July 2011] Employee Development and Its Affect on Employee Performance A Conceptual Framework Abdul Hameed Aamer Waheed Lecturer Management Sciences‚ COMSATS Institute of Information Technology Park Road‚ Islamabad‚ Pakistan E-mail: abdulhameed@comsats.edu.pk Abstract Employee is a key element of the organization. The success or failure of the organization depends on employee performance. Therefore‚ organizations are investing huge amount of money on employee development
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| | | Small Scale Industries: An Important Catalyst for the Growth of India’s Economy | |ESBD REPORT | |TANYA GUPTA ( 131)
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