Posted inEconomics CENTRAL BANK Posted by admin August 19, 2021 Central Bank may be defined as an institution charged with the responsibility of managing the…
Posted inEconomics Credit Creation by Commercial Bank Posted by admin August 19, 2021 β’ A commercial bank is called a dealer of credit. β’ It can create credit i.e. can…
Posted inEconomics Exceptions to the law of demand Posted by admin August 19, 2021 Conspicuous goods: These are certain goods which are purchases to project the status and prestige of…
Posted inEconomics Essentials of a Sound Banking System Posted by admin August 19, 2021 A sound banking system promotes all round economic development of an economy. A good bank…
Posted inEconomics Functions of a Commercial Bank Posted by admin August 19, 2021 β’ Modern commercial banks perform a variety of functions and provide a number of services…
Posted inEconomics BANK Posted by admin August 19, 2021 β’ A bank is said to be a financial intermediary. β’ It stands midway between the savers…
Posted inEconomics LIQUIDITY PREFERENCE AND MARGINAL EFFICIENCY Posted by admin August 19, 2021 Liquidity preference refers to the demand for money, considered as liquidity. The concept was first…
Posted inEconomics INVESTMENT AND RATE OF INTEREST Posted by admin August 19, 2021 β’ Investment = a change in the stock of capital over a period of time.…
Posted inEconomics Impacts of Inflation Posted by admin August 19, 2021 Inflationary pressure in an economy my generate good effects on the economy, particularly in case…