Commercial Banks It is the type of financial intermediary which Mediates between savers and borrows. It accept public deposits and...
Tax avoidance - Legally Done in Lawful Ways Implemented by the Government . One should save or invest money in...
Why tax reforms in India is necessary? International Competiveness must be imparted to the Indian economy.High cost nature of the...
Tax is a payment compulsorily collected from the individual or company.Direct tax - Corporate, Income, etc.Indirect tax - Excise duty,...
Countries over all statement of economic transaction with rest of the world over some period. Usually one year period. It...
Recommend by Hilton young commission. 20 Members (Directors), Governor & 4 Deputy Governor, one member recommended by Minister of Financial...
Public Debenture Internal borrowings like from market, treasury bills against RBI.External borrowing a FI’s foreign loan and NRI deposits.It can...
It strengths government finances.Encourage and enable government to spending more on social sector and infrastructure.Revenue reforms and expenditure reforms are...
Enacted in 2004.To control the government debtors RD and borrowing from RBI.↓Of 0.3% in RD and 0.5% ↓ in FD...
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