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Discuss the criteria for a ‘good’ international monetary system.Answer: A good international monetary system must offer
(i) sufficient liquidity to the world economy,
(ii) smooth adjustments to BOP disequilibrium since it arises, and
(iii) safeguard in opposition to the crisis of confidence in the system.
Ashok is to receive an amount of Rs. 15,00,000 from his relative after 3 years. He wants to buy a house for which he wants the money to be paid now. His relative had al
Define the term- Future Cost and Historical Cost Future cost of capital refers to expected cost of funds to be raised to finance a project. In contrast, historical cost signifi
The approaches that Blin could accept regarding the relative proportions of long- and short-term finance to meet its working capital needs have been described as moderate, conserva
Q. Three-phase source voltages and phase sequence? The elementary three-phase, two-pole generator shown in Figure has three identical stator coils (aa, bb, and cc) of one or
Q. Explain Short- and long-term financing mix? In forming a fresh business there is no business history to present to the bank thus there is additional uncertainty which will n
Pension Reforms On January 1, 2004, Pension Funds have come into force in India. Government servants will have to subscribe to them. The new pension fund system is primarily dr
sums
Explain how to measure the firm risk of a capital budgeting project. The firm risk of a capital budgeting project measures the force of adding a new project to the existing pro
The banking sector has a vital and active role in the money market. The transactions taking place in these securities are large in size, both in terms of volumes
Norfolk Ltd is specialized in producing & selling air conditions. In 2010, the manufacturing cost per unit included:
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