Factors influencing Foreign Direct Investment Factors influencing Foreign Direct Investment in a Country Foreign Direct Investors look into various factors before making investment decision in a country. After 1990, in India, the government adopted a New Economic Policy which promoted the policy of LPG (Liberalization, Privatization and Globalization). This has […]
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Political economy and social transformation in India
Political economy and social transformation in India 1. POLITICAL ECONOMY AND SOCIAL TRANSFORMATION IN INDIA DONE BY: ANU MARIYA AKASH CHAUDHARY NAJID AHMED 2. DEMOCRACY AND SOCIO-ECONOMIC TRANSFORMATION IN INDIA . Social science engagements with contemporary India have mostly been around the question of change –social,economic,cultural or political M.N. Srinivas, […]
Read moreForeign Exchange Regulation Act 1947, Guidelines of Foreign Exchange Transactions
Foreign Exchange Regulation Act 1947, Guidelines of Foreign Exchange Transactions What is Foreign Exchange? Foreign exchange is the conversion or exchange of one country’s currency into another currency. Foreign exchange also refers to the global market where currencies are traded virtually around-the-clock. The term foreign exchange is usually abbreviated as […]
Read moreEtiquette in Banking and Human Life
Etiquette in Banking and Human Life What does etiquette mean? Etiquette is being polite. It is good manners. Etiquette is a code of conduct, both written and unwritten, for basic behavior that is socially expected from individuals in a society based on cultural norms. These behaviors include the proper way […]
Read moreKNOW YOUR CUSTOMER (KYC)
KNOW YOUR CUSTOMER (KYC) KNOW YOUR CUSTOMER (KYC): The adoption of effective Know Your Customer (KYC) program is an essential part of financial institutions’ risk management policies. Having sufficiently verified/corrected information about customers ―Knowing Your Customer (KYC) – is the most effective defense against being used to launder the proceeds […]
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Bangladeshi Taka
Bangladeshi Taka Bangladeshi Taka: 1 Taka Note (One Taka Note),2 Taka Note (Two Taka Note), 5 Taka Note (Five Taka Note), 10 Taka Note (Ten Taka Note), 20 Taka Note (Twenty Taka Note), 50 Taka Note (Fifty Taka Note), 100 Taka Note (One Hundred Taka Note), 200 Taka Note (Two […]
Read moreWhat are the social and economic values of Insurance
What are the social and economic values of Insurance What are the social and economic values of Insurance: Dr. Mark R. Greene in his book “Risk and Insurance” has listed some of the social and economic values of insurance as follows: i) The insurance reduces the amount of accumulated reserve […]
Read moreThe legal forms of Conventional Insurance
The legal forms of Conventional Insurance What are the legal forms of Conventional Insurance? From historical background of conventional companies, we find that three predominant legal forms have been used as follows: Association of Individuals (Lloyds); Stock companies; and; Mutual associations. A Lloyds Association is an organisation of individuals joined […]
Read moreWhat is the definition of Recurring deposit
What is the definition of Recurring deposit Recurring deposit From Wikipedia. the free encyclopedia Recurring Deposit is a special kind of Term Deposit offered by banks in India which help people with regular incomes to deposit a fixed amount every month into their Recurring Deposit account and earn interest […]
Read more7 C’s of Credit Analysis in Banking Arena
7 C’s of Credit Analysis in Banking Arena Lenders or banks use 7 C’s to perform the credit analysis of the borrower of the loan. The main parameters based on the credit analysis is done are: Collateral Conditions Character Credit Capacity Currency Country 1. Collateral Collateral provides some security […]
Read moreBahrain Financing Company (BFC) Bahrain exchange company
Bahrain Financing Company (BFC) Bahrain exchange company Bahrain Financing Company (BFC) is the leading foreign exchange company in the Kingdom of Bahrain. Established in 1917, BFC has been providing foreign exchange and remittance services for over 95 years. Offering a vast array of products including remittances, EzRemit, instant cash transfer […]
Read moreFast Remit Exchange House
Fast Remit Exchange House Fast Remit Exchange House Fast Remit is one of the fastest growing money transfer service providers in Australia. Online Money Transfer to India, Bangladesh, Pakistan, Nepal and other countries has never been so easy. Send money to Bangladesh, Send money to India, Send money to Pakistan […]
Read moreDifferent Types of Shipping Cargo Containers
Different Types of Shipping Cargo Containers Measurement of different types of containers Measurement of different types of containers. The dimension specification of different types of containers are given below: Normal Dry Container 20’ (20 feet shipping cargo dry container) 20 feet container means Twenty foot Equipment Unit (TEU). The […]
Read moreBangladesh Foreign Exchange Dealer's Association (BAFEDA)
Bangladesh Foreign Exchange Dealer’s Association (BAFEDA) Bangladesh Foreign Exchange Dealer’s Association (BAFEDA) was formed in a bankers’ meeting held on August 12, 1993 in the Board Room of Rupali Bank Ltd. to help the development of an orderly inter-bank foreign exchange market in Bangladesh. It’s major activities include framing of […]
Read moreSWIFT code of Bank of Bangladesh
SWIFT code of Bank of Bangladesh SWIFT code of Bangladeshi bank SWIFT code of Bank of Bangladesh: How to get Swift code of Bangladeshi Bank or to get SWIFT code of Bank of Bangladesh.At first visit the web site link and go to SWIFT.Some banks have no icone of SWIFT. […]
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