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QUESTION
(a) "Within the financial system of a country, commercial banks are considered as major financial intermediaries with important contribution to the economy". Discuss this statement.
(b) Describe the economic and commercial functions of banks in the financial system.
FIXED COST=40000, VARIABLE COST=20 PER UNIT, SELLING PRICE=100 PER UNIT. TURNOVER REQUIRED FOR A PROFIT OF RS.30000
CRSL has a large auditorium which can cater for 300 people and is ideal for formal balls and functions. The auditorium can also be reconfigured to cater for 100 people. The Seasons
The country of Changeland has, for many years, operated as a military dictatorship. Last year, however, a people's revolution brought a democratic election for the first time in li
What is the Organization? Meaning of Organization: Organization is a structure or mechanism which enables living things to work effectively together. This is described as
Conflicts of interest arise whenever executives have a private interest in the outcome of the task or responsibility they carry out on behalf of their employers. As a company emp
The system analyst must understand the existing problems and strengths and weaknesses of the existing system. Other activities comprise identifying the overall implications and ben
? A) Concentrating on a particular feature of a product or service to attain differentiation ? B) Concentrating on differentiation as the primary means of achieving competitive
The ability to recognize the need for a business plan is now widely regarded as a sign of both business maturity and the likelihood of survival. (a) Discuss the benefits that ca
What volume of sales will be essential to cover? The reasonable return of capital utilised to cover the volume of sales as: - Ordinary and preference dividends, and - Res
The manufacturing of nay product requires the use of raw materials of semi finished materials which are further processed to produce the finished product. In some product.
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