ECONOMIC MATTERS Ill Effects of Black Money on Growth of Economy V. Gopalan* A ccording to the data provided by the Swiss Bank‚ India is topping the list with almost $1500 billion of its black money deposited with them‚ followed by Russia $ 470 billion‚ UK $390 billion‚ Ukraine $100 billion and China with $96 Billion. It looks like India’s share is more than rest of the world combined‚ 13 times larger than the nation’s foreign debt and about 40% of GDP of India. Every year this
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Running Head: Time Value of Money Time Value of Money University of Phoenix Believe it or not many people through out the years thought that by putting money to the side‚ under the mattress or‚ even in the cookie jar that eventually one day they would be rich. Well not to spoil the surprise but the years it would take to make one rich by those means are far off and nothing in between. This is where Time Value of Money comes in. Time Value of Money is the idea that a dollar
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DECLARATION I‚ JINET JOSE‚ Student of Rajagiri Business School‚ Kakkanad hereby declare that the report titled‚ “An Analysis of Airtel Money & the factors influencing its spread”‚ is a bonafide record of the project work done by me‚ for BHARTI AIRTEL‚ CHENNAI during the period of 8th April 2013 - May 30th 2013 as a part of my PGDM programme at Rajagiri Business School. This study has been undertaken in the partial fulfilment of the requirement for the award of Post Graduate Diploma
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THE ROLE AND USES OF MONEY The classical economists were of the view that money was discovered to remove the defects of barter. The important functions of money for them were to serve as a medium of exchange and standard of material. They examined in detail the characteristics of a good money material and the forces which operate in determining the value of money. The classical economists were of the view that the volume of output‚ the quantity and quality of the goods to be consumed‚ the volume
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Time Value of Money The time value of money serves as the foundation for all other notions in finance. It affects business finance‚ consumer finance and government finance. Time value of money results from the concept of interest. The idea is that money available at the present time is worth more than the same amount in the future due to its potential earning capacity. This core principle of finance holds that‚ provided money can earn interest‚ any amount of money is worth more the sooner it is
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circumstances that contributed to the privacy violation‚ the consequence to the company to the breach‚ and management’s response to the breach‚ indicating the appropriateness of the response. Facebook is an online social network that allows users to create detailed online profiles and connect with other users‚ with an emphasis on social relationships such as friendship. This network let users share information with other approved users‚ such as one’s gender‚ age‚ interests‚ educational background and
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The story of student loan debt isn’t too often talked about‚ students don’t take it too serious like they should. College students that barely have time to work spend four years thinking about the student loan; how it will affect their life after college; how they will manage to pay it later. Seven in a total of 10 seniors that graduated back in 2015 had a student loan debt average of $30‚000. It had increased 4% comparing to 2014 graduates. Within the years‚ student loan debt has grown at twice;
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EFFECTIVENESS OF SECURITY ON LOAN RECOVERY IN SACCOs (A CASE STUDY OF MHASIBU SACCO) BY ANDREW TALAM BBM/9058/2009. A RESEARCH PROJECT PROPOSAL SUBMITTED TO MOI UNIVERSITY IN PARTIAL FULFILMENT OF REQUIREMENTS OF A BACHELOR DEGREE IN BUSINESS MANAGEMENT‚ FINANCE & BANKING APRIL‚ 2011 DECLARATION THIS PROJECT IS MY RESEARCH WORK AND HAS NOT BEEN PRESENTED FOR AWARD OF ANY DEGREE IN OTHER UNIVERSITIES ------------------------------- ------------------------------------
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Money Transfer Management System (R1 MTMS) | | The RemitONE Money Transfer Management System (R1 MTMS) is an industry leading‚ end to end‚ remittance system that supports multiple sending and receiving agents in multiple currencies across the world. It provides a powerful‚ reliable and feature-rich administrative system‚ with a central location to manage all the aspects of running a money transfer business. R1 MTMS is highly configurable and business rules driven. Whether you are a Bank‚
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SUBJECT: Lincoln Savings and Loan The purpose of this memorandum is to analyze and examine the business‚ financial‚ and accounting strategies and policies of Lincoln Savings and Loan. This analysis will include LSL’s current business strategies and processes‚ its business risks and a detailed breakdown of LSL’s financial statements. Business Analysis Lincoln Savings and Loan (LSL) originally competed as a savings and loan office than was in the business of offering mortgage loans and accepting deposits
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