A commercial bank is a financial institution that provides services such as accepting deposits, giving business loans, mortgage lending, and basic investment products such as savings accounts and certificates of deposit. The commercial bank is also called a joint-stock bank because it is organized on the lines of joint-stock companies. Features of commercial banks are […]
A commercial bank is a financial institution that provides services such as accepting deposits, giving business loans, mortgage lending, and basic investment products such as savings accounts and certificates of deposit. Commercial Bank Credit Creation Bank deposits form the basis for credit creation. Banks accept deposits from the public by opening a deposit account known
A commercial bank is a financial institution that provides services such as accepting deposits, giving business loans, mortgage lending, and basic investment products such as savings accounts and certificates of deposit. Following are the main roles of Commercial Banks: Roles of Commercial Banks Primary Roles of Commercial Banks Accepting Deposits Accepting deposits from the public
A commercial bank is a financial institution that provides services such as accepting deposits, giving business loans, mortgage lending, and basic investment products such as savings accounts and certificates of deposit. Following are the primary functions of Commercial Bank: Primary Functions of Commercial Bank Accepting Deposits Accepting deposits from the public is the primary function
A commercial bank is a financial institution that provides services such as accepting deposits, giving business loans, mortgage lending, and basic investment products such as savings accounts and certificates of deposit. Following are the main functions of Commercial Bank: Functions of Commercial Bank Primary Functions of Commercial Bank Accepting Deposits Accepting deposits from the public
Poverty is the inability to secure the minimum human needs of food, clothing, housing, education, and health. When a person is unable to fulfil these basic needs, it leads to pain and distress. In this post, you are going to read about Poverty in India. Following are the main features of poverty in India: Features
Poverty is the inability to secure the minimum human needs of food, clothing, housing, education, and health. When a person is unable to fulfil these basic needs, it leads to pain and distress. Steps Taken to Reduce Poverty in India Three Dimensions of the Government’s Approach to Reduce Poverty in India The growth-oriented approach is
According to the United Nations and World Bank, the education of women is one of the most cost-effective means of improving local health conditions. Proper education and training would empower women to take leadership roles in various fields of social and economic activities. After going through this post, you will be able to understand about
Human capital is intangible and built in the body and mind of its owner. Whether a human being wants to raise earnings depends on his/her inner conscience. Human capital cannot be sold, but only its services can be sold in the market. It creates both private and social benefits. Following are the main differences between
The Indian economy consists of all the production units or institutions such as farms, factories, workshops, railways, hospitals, schools and banks. The Indian economy can be broadly classified into three sectors: Sectors of the Indian Economy Primary sector of the Indian Economy This sector consists of agriculture and various allied activities such as dairy, poultry,