Notes and Study material for Exams
Commercial mathematics Banking Banking can be defined literarily as the business activity of accepting and safeguarding Money owned by individuals and entities and release of the money whenever the needs arise by the owner. It is the business of managing money and where money is involved everything must be carefully assessed, valued and … Read more
What is Inflation? Understanding the Erosion of Purchasing Power Inflation is a pervasive economic phenomenon that affects everyone, from individuals to businesses and governments. It refers to the sustained increase in the general price level of goods and services in an economy over a period of time. While a small amount of inflation is generally … Read more
The Balancing Act: Understanding Your Current Account The current account, often referred to as a checking account, is the cornerstone of modern financial life. It’s where we deposit our earnings, pay our bills, and manage our day-to-day expenses. But maintaining a healthy balance on this account is crucial for financial stability and peace of mind. … Read more
External Commercial Borrowing (ECB): A Vital Lifeline for India’s Growth External Commercial Borrowing (ECB) has emerged as a crucial source of funding for India’s economic development, playing a significant role in bridging the financing gap and supporting various sectors. This article delves into the intricacies of ECB, exploring its history, types, regulations, benefits, and challenges, … Read more
The Reverse Repo Rate: A Tool for Managing Liquidity and Interest Rates The financial world is a complex ecosystem, constantly in flux, with various mechanisms working in tandem to maintain stability and facilitate economic growth. One such mechanism, often overlooked by the general public, is the reverse repo rate. This seemingly technical term plays a … Read more
–2/”>a >DOCTYPE html PUBLIC “-//W3C//DTD XHTML 1.0 Transitional//EN” “http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd”> –Instabilities – Stock Exchanges and SEBI Instabilities in The traditional conception of instability in Financial Markets stems from the view that financial institutions act as agents which intermediate between savers willing to lend funds and final borrowers seeking to invest funds. This intermediation function not only … Read more
Tax incidence: Tax incidence is the entity on whom tax is imposed. It is the distribution of the overall tax burden between sellers and buyers in an economy. Tax burden: It is the total amount of tax paid by a particular group of people, an Industry etc especially as compared to what other … Read more
Compound Interest Let Principal = P, Rate = R% per annum, Time = n years. When interest is compound Annually: Amount = P 1 + R n 100 When interest is compounded Half-yearly: Amount = P 1 + (R/2) 2n 100 When interest is compounded Quarterly: Amount = … Read more
Commercial Paper: A Deep Dive into the Short-Term Funding Market Commercial paper (CP) is a vital instrument in the short-term debt market, enabling companies to access funds quickly and efficiently. This article delves into the intricacies of commercial paper, exploring its features, issuance process, risks, and its role in the broader financial landscape. What is … Read more