Accounting, Banking & FinanceSWAPJune 24, 201532 CommentsExcahnge of cash flows on account of an investment or payment obligation is termed as Swap.The investment or payment obligation…
Accounting, Banking & FinanceWHAT IS CAPITAL ACCOUNT CONVERTIBILITYJune 21, 201516 CommentsCapital Account Convertibility means free inflow and outflow of capital across nations.It refers to the freedom to convert local financial…
Accounting, Banking & FinanceHistory of globalization of financeJune 20, 201526 CommentsEconomic interdependence of nations of the world is referred as globalization.Some analysts say that the very phenomenon of globalization is…
EconomicsMonetary PolicyJune 17, 201525 CommentsThe policy made by the central bank or other regulatory boards of a country which ascertains the control of money…