1) Name the bank with which the Reserve Bank of India on 4 December 2012 signed a three year Bilateral Swap Arrangement (BSA) for swapping of the local currencies to address short-term liquidity problems. A. Bank of Australia B. Bank of Scotland C. Bank of Japan (Correct Answer) D. None Of these E. Bank of America (Your Answer) Unanswered Q.2) State Bank of India (SBI)‚ the largest lender of India on 5 December 2012 announced about its expectation of
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Elements / Characters Crisostomo Ibarra - Also known as Juan Crisostomo Ibarra y Magsilan‚ a Filipino who studied in Europe for 7 years. The love interest of Maria Clara. Son of Don Rafael Ibarra. Elias - Ibarra’s mysterious friend and a fugitive. Kapitan Tiyago - Also known as Don Santiago de los Santos the known father of Maria Clara. Padre Damaso - Also known as Damaso Verdolagas‚ a Franciscan Friar and Maria Clara’s biological father. Padre Salvi - Also known as Bernardo Salvi. Maria Clara’s
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The Bank has to face with many risks in the business‚ like Interest rate risk‚ Foreign exchange risk‚ Credit risk‚ and Operation risk…Lending money is one of the main operations of each Bank. By mobilizing money as saving account‚ the Bank uses this money for individual customer‚ or business to borrow and make profit. But recently‚ with the inflation‚ the credit risk increases a lot which causes the bad debt in many countries‚ as well as the regression of world economy. “Credit risk is the distribution
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LAW3201 Foundations of Business Law Topic 2: LAW OF CONTRACT (Offer) Readings: Lee Mei Ping‚ General Principles of Malaysian Law‚ 5th Edition‚ 2005‚ Oxford Fajar Sdn Bhd Abdul Majid‚ Krishnan Arjunan‚ Business Law in Malaysia‚ 2005‚ Lexis Nexis Malayan Law Journal Beatrix Vohrah‚ Wu Min Aun‚ The Commercial Law of Malaysia‚ 2nd ed.‚ Longman‚ 2000 Malaysian Contracts Act 1950 (http://www.agc.gov.my/) law of Malaysia/numerical table of laws/Act 1136 Contents: 1. Introduction
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Defective Contracts Contract Classification Basis of Defect Status of the Contract Legal Effects Prescriptive Period Ratifiability A.Rescissible There is damage or injury either to one of the contracting parties or to a third person. Valid Considered valid and enforceable until they are rescinded by a competent court. The action for prescription may prescribe. NO 1. Contracts entered into in behalf of wards 2. Contracts agreed upon in representation of absentees 3. Contracts undertaken
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that it is was not income‚ profits or gains from business and was outside the pale of the Excess Profits Tax Regulation. The Excess Profits Tax Officer made an order assessing the income of the appellants for the accounting periods 1351 and 1352 Fasli at Rs. 8‚957 and Rs. 83‚768 respectively and assessed the tax accordingly. ISSUES: 1. Whether under the terms of the agreement the petitioner is an employee of the Mills Company or is carrying on business? 2. Whether the remuneration received from
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Contracts Summary DAMAGES – REMEDIES FOR BREACH OF CONTRACT THE INTERESTS PROTECTED Fuller and Perdue‚ “The Reliance Interest in Contract Damages” There are three principle purposes in awarding contract damages: restitution interest – object is the prevention of unjust enrichment by the defaulting promisor at the expense of the promisee reliance interest – object is to put the plaintiff in a good position as he was before the promise was made expectation interest – object is to put the
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of the contract Termination of the contract Under common law‚ a contract of employment may be terminated by: (a) Agreement with notice; (b) Death of the employer or employee; (c) Frustration; (d) Insolvency; or (e) Breach. Termination by agreement with notice The ending of a contract of employment is most often achieved without any breach of its terms. A contract can be terminated at common law by either party giving the notice required by the terms of the contract‚ or by
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Sandra. 2001. Grammar in Context 3rd ed. Boston: Heinle & Heinle Publishers. Grammar in Context by Sandra N. Elbaum is an interesting approach to teaching grammar. Elbaum encases grammar in a much more useful mantle by using real life examples of U.S. culture and history. Grammar is an important part of language‚ but it is technical‚ abstract‚ and boring. In order for a text to engage a student it must be interesting and relevant to their lives. I think Grammar in Context could be effective because
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MEMORANDUM TO: Dr. Doe FROM: Francis Stein‚ President Giant Drug Company DATE: 10th September 2013 RE: Consultation regarding contract Validity FACTS 1. On May 1‚ Doe signed and sent Stein the following letter: I will accept a position as vice-president in charge of research for a period of four years at a salary of $500‚000 per year. 2. On May 3‚ Stein received Doe’s letter and called Doe and stated: “Your salary request is too high. Will you reduce it to $300
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