Accounting, Banking & FinanceExchange of Currency between two CountriesMarch 30, 20155 CommentsForeign Exchange: Exchange of Currency between two Countries Foreign currency required at the time of financial transaction from one country…
Accounting, Banking & FinanceForeign Exchange ManagementMarch 29, 201529 CommentsForeign Exchange (also known as Forex) refers to conversion or exchange of one currency for another currency. These financial transactions…
Accounting, Banking & FinanceDerivativesMarch 28, 20156 CommentsDerivative is a security whose price is dependent upon the price of the underlying assets.These securities are called derivatives because…
Accounting, Banking & FinanceDomestic Saving Trends in India (1950-2000)March 28, 20152 CommentsAlmost from the inception of economic planning, the prevailing low level of saving and investment was assessed by the planners…
Accounting, Banking & FinanceIndia’s Growth and Savings AnalysisMarch 28, 20153 CommentsThe Ninth plan period ended with a growth rate of 5.70%. The Tenth five year plan aimed to transform the…
Accounting, Banking & FinanceWhat is Capital Account ConvertibilityMarch 27, 201550 CommentsAs a developing economy, India has taken significant steps towards progress. One of them is ‘Liberalization’ or deregulation of government…
Accounting, Banking & FinanceCapital Budgeting – by Shatakshi BhargavaMarch 27, 201528 CommentsOrganizations (except Not-For-Profit-Organizations) work with the sole purpose of maximizing their profits. Though investment projects (long run generally) are the…
Accounting, Banking & FinanceSavings and Growth – IntroductionMarch 27, 20155 CommentsIn a developing country like India, savings have generated a topic of discussion among policy makers and economists. In spite…
Accounting, Banking & FinanceTime value of moneyMarch 27, 20157 CommentsEvery business either small scale or large scale has requirement of finance to run its business successfully. Finance is blood…
Accounting, Banking & FinanceBank Reconciliation StatementMarch 27, 201511 CommentsBank reconciliation statement is a statement which reconciles the bank balance as per cash book with the balance as per…