Economy related CA. For Banking there is different Section
Financial action task force was established In 1989 by G.7 countries submit in Paris to curb the money laundering, later on, it expanded its mandate by adding to combating against terror financing. The objective of FATF:- Curb money laundering Combat against terror financing Maintain the integrity of the financial system. Role of FATF:- It provided […]
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Articles, Economy
Electoral bonds a surfed dominated bond that are usually at the specific resection of the month and the date-specific financial institution. But they are all edged of temporary issues. Primary downs are not disclosed as the names, nature of the association, a search of funds is free from the discloser. Corporate donations are mad open-ended.
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Articles, Economy
The World economy growth is predated by IMF at 3.3% for this year which is not promising. The Trade wars between nations and the sanctions on oil import are creating conditions of recession. Sectors like biotechnology offer a glimpse of hope to the world. Since 2000 the growth in this field has been promising with
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Economy
Budget is an annual financial statement released by finance minister every year. It is mentioned in article 11. It provides a clear outlay of expenditures for the coming financial year. Outcome budget: It is generally a process card about how much result has been acquired in various minifies and departments by using budget allocation. It
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Economy
Development Finance Institution (DFI) :- A DFI also known as a development bank or development finance company is a financial institution that provides risk capital for economic development project on non-commercial basis. Difference between DFI & Commercial Banks :- DFIS Commercial Bank Provide long term capital to productive sectors like infrastructure. Provide financial assistance or
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Economy
According to the World Bank report close to 1.4 billion people in the different countries don’t have access to the financial service and that’s where Micro-financial Institution play a major role. Goals of MFI’s: Assists the development of community which follow sustainable development. Providing resources to lower section of the society. Evaluation of option to
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Banking, Economy
There is a known finance theory of bond yield inversion and its impact on the upcoming slowdown and recession. We will see on details on this concept in this article. What are bonds ? Bonds are different types of fixed income instruments. There are public traded bonded (as listed on stock exchanges like NSE), there
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Current Affairs, EconomyBackground Every 5 year foreign trade policy is made which gives a roadmap to enhance the export. The present FTP is for period 2005- 2020. To understand it background and its provision refer the FTP lecture series. In month of December, 2017 the mid-term review of FTP had been done. Do you know with libraries like
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Economy, GlobalizationIn the article we will discuss the FDI in Indian Economy, where it is permitted, where it is not. FDI is prohibited in: 1. Lottery Business including Government/private lottery, online lotteries, etc. 2. Gambling and Betting including casinos etc. 3. Chit funds 4. Nidhi company 5. Trading in Transferable Development Rights (TDRs) 6. Real Estate
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Economy, Globalization
Fiscal Consolidation means policy undertaken by government to reduce its Fiscal/Revenue Deficit. Without going into technicality of Fiscal and revenue deficit, we can say that deficit is difference between what a government spend and what a government earned. Government can practice Fiscal consolidation either by reducing their expenditure (outflow of money) or by increase their
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Economy
In this article journey and achievement of NPCI has been explained in very succinct manner. This explanation is enough for any competitive exam. For more detail you may refer the official website of NPCI. About NPCI National Payments Corporation of India (NPCI) is an umbrella organisation for retail payment systems in the country. Set-up under the
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Banking, Economy