Open Market Operation Policy for Credit Control in Central Bank Open market operation policy: When central bank controls credit by buying and selling the bond, debenture, securities etc. in open market is known as open…
Central Bank is the Lender of the Last Resort “Central Bank is the Lender of the Last Resort” The Central bank is the guardian of the money market. To build a powerful and sound…
Central Bank’s Functions as a Government Bank Central Bank’s Functions as a government bank Central bank is the main government-controlled bank in a country, which controls the financial affairs of the country…
What is agency conflict? A conflict arising when people (the agents) entrusted to look after the interests of others (the principals) use the authority or power for their own…
Importance of internet in business communication The Internet has a wide variety of uses. It provides an excellent means for disseminating information and communicating with other people in all regions of…
The main elements of a business letter Every time a business enterprise writes a letter to an alternative business enterprise for collecting. information regarding some sort of future customer, the idea is…
Structure of a formal business report A formal business report can be structured in the following manner: Title Page This page carries the title of the report along with the writer’s…
The characteristics of a good Report The report provides factual information depending on which decisions are made. So everyone should be taken to ensure that a report has all the essential…
The characteristics of a good business letter The following are some of the important characteristics of a business letter- Well defined objectives There is an old saying an aimless ship never able…
General Functions of Central Bank General Functions of Central Bank The function of the central bank is expanding day by day. Today’s central bank is doing more diversified tasks than…