Author: jyoti

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Paul’s Favourite Flag

You probably might have heard about Paul the oracle during the 2010 Football world cup games. Paul is an octopus. You might think how was he able to predict the winners of 7 2010...

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History of Swastika

The Swastika is a very ancient symbol and has been around for probably 5000 years. It is taken many meanings until the last one degraded its use. This symbol had been a sign of good...

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The Greece Debt Crisis

Greece crisis in short is about the defaults in payment to the IMF. This means that Greece economy doesn’t generate enough money to pay its debts.What is EU?EU is an union of mostly European...

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Cardinal Principles of lending

A bank is an institution which is primarily seen as a body that accepts monetary deposits from its customers (general public), looks after their money, offer them some beneficial services such as cheque books...

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Investment Fluctuation Reserves

Investment Fluctuation Reserves: IntroductionInvestment fluctuation reserves are the reserves built up within many accumulation-style superannuation funds. The main purpose is smoothening the year-to-year returns credited to member accounts. These reserves are established by not...

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Valuation of Bank Investments

Banks are the institutions that deals in money and its substitutes and provide other financial services. The main function of a bank is to act as an intermediary between money surplus units (lenders) and...

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Cash and Balances with RBI

Behaviour of Banks with regard to cash and BalancesTo understand the behaviour of banks with regard to cash and balances, first we need to understand what cash is how it is related with RESERVE...