banks store the valuables of their customers and certify their true value. Answer: Safekeeping of valuables 2. The fact that financial institutions make loans based on confidential information is the _______________________ theory of banking. Answer: delegated monitoring 3. _______________________ refers to when a financial institution trades one form of currency for another. An example of this would be when the bank trades dollars for yen for a fee. Answer: currency exchange
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HI‚ Nowadays mobile phones are literally invading our lives; from children to THE elderly‚ almost everybody owns one. Some people take their own device everywhere with them and cannot bear BEING without it. It has eventually become a common habit to be on the phone in every situation‚ no matter with whom you might be and in which occasion‚ your loyal “friend” is always with you‚ ready to ring and make you happy. This might in some extreme cases affect relationships WITH people‚ because it
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Greetings and salutations I bid to the Master/Mistress of Ceremony‚ honourable adjudicators‚ esteemed timekeepers‚ my worthy opponents‚ and members of the house. Today’s motion is ‘’School Should Ban the Use of Mobile Phone among Students”. We‚ the government‚ totally support the motion. Members of the house‚ let me define today’s motion… According to Wikipedia‚ school is defined as an institution designed to allow and encourage students to learn‚ under the supervision of teachers. Whereas
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overdue for a period of more than 90 days in respect of a term loan ii) The account remains ‘out of order’ for a period of more than 90 days in respect of an overdraft or cash credit iii) The bill remains overdue for a period of more than 90 days in case of bills purchased and discounted iv) Any amount to be received overdue for a period of more than 90 days in respect of other accounts. NPAs affect the operational efficiency which in turn affects profitability‚ liquidity and solvency position of
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|Commercial Banking.Bank- Banking- Banker- brief explanation of evolution of |1 |9Th | | | |banks- development banks/commercial banks- distinction. Types based on | |November-21th Nov | | | |control-Scheduled/non-scheduled‚ private/public/nationalized/foreign. | | | | |1 |Introduction of Commercial Banking-Definition- of a bank
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in India and The Philippines – Part 3 - Jana Mobile http://www.jana.com/blog/mobile-usage-in-india-and-the-philippines-part-3/ Products Blog Case Studies Global Partnerships About Contact Mobile Usage in India and The Philippines – Part 3 Part 3 of a 4-part series on mobile usage in India and The Philippines 18.07.13 Jana Research Technology We have already presented part one and part two of our four-part series on mobile usage in India and The Philippines. Today we
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Introduction Quality of services is the most important aspect in banking too. Business success can be reinforced if you conscientiously search for newer and more effective ways of improving the quality of your ways of serving your customer. Your organisation becomes more useful to the society as a whole thus. As far as banking is concerned‚ effective TQM measures bring in a transition form the good old good to the novel better or best from the bank’s internal department to its front-line employees
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I do agree that students should be allowed to bring their mobile phones to school. * In a day and age where everyone relies heavily upon modern technology for communication‚ cell phones are a good thing to have‚ especially for high school students. * Many students have after-school activities‚ such as a sport or a club that they participate in after school hours‚ when most people‚ including the office staff‚ have already gone home for the day. The students need a way to contact their parents
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[pic] ISLAMIC BANKING: IS IT REALLY “ISLAMIC”? By: Omar Mustafa Ansari & Faizan Ahmed Memon Is it really Islamic? …. In this era of development and growth in Islamic finance and banking‚ this is a question being raised at every forum by various quarters. All those who raise this question‚ are undoubtedly well-wishers of Islam‚ Islamic economic system and Muslim Ummah. Accordingly‚ while we celebrate the achievements of Islamic banking on one hand‚ we should not
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“Banking‚ Finance‚ and Money: a Socio-economics Approach” L. Randall Wray‚ Professor of Economics and Director of Research at Center for Full Employment and Price Stability‚ University of Missouri—Kansas City; and Senior Scholar‚ Levy Economics Institute at Bard College. This paper will briefly summarize the orthodox approach to banking‚ finance‚ and money and then will point the way toward an alternative based on socio-economics. It will be argued that the alternative approach not only fits
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