Interest Rate
An interest rate is the cost of borrowing money, typically expressed as a percentage of the amount borrowed. Interest rates can be set by a variety of institutions, including banks,…
Why commercial banks are called ‘Factories of credit creation’? Justify with suitable example. What points affect the process of credit creation? Describe.
Commercial bank is a licensed financial institution that was incorporated in order to carry out the financial transactions as mentioned in Chapter 7 section 49(1) of Bank and Financial Institution…
Mediation
Mediation is a process of resolving disputes between two or more parties with the help of a neutral third party known as a mediator. The mediator’s role is to facilitate…
What is operating system? What functions does this system perform?
Operating system An operating system is a set of programs that manage, controls, co-ordinates and supervise the activities of computer hardware and software.…