Deflation: In my previous post I have discussed a few lines about inflation., under certain economic situations, a phenomenon which is completely opposite to inflation takes
Functions of Money: With the advent of banking sector and emerging financial markets in the economy, one requires a precise understanding concerning money; what exactly would
Principles of Commercial Banks: A central bank is an apex institution of a country’s monetary and financial system. Since the monetary system (which includes commercial banks)
Commercial Bank: A commercial bank is a financial institution authorized to provide a variety of financial services, including consumer and business loans, savings accounts etc.
Contingent Functions of Money: Money is an important and indispensable element of modern civilization. In ordinary usage, what we use to pay for things is
Primary Functions of Money: The main functions performed by money are called primary or original function. Since the entire financial structure revolves around banks and financial
Functions of Bank: In bank jobs interviews normally questions are asked about various functions of banks. So today I am listing down all the important functions
Secondary Functions of Money: The relatively less important functions of money are called secondary function. Since, this function originates from primary functions. These functions are
