KALYAN CITY BLOG

Meaning of Foreign Exchange Market The term market has been interpreted in Economics as the place where both the buyers as well as the sellers meet and they buy and or sell goods. Image Credits © Eric Flexyourhead The foreign exchange market is a place where the transactions in foreign exchange are conducted. In practical world the external transaction requires the use of foreign purchasing power i.e. foreign currency. The foreign exchange market facilitates such transactions by performing number of functions. Definitions of Foreign Exchange Market According to Paul Einzig , "The foreign exchange market is the system in which the conversion of one national currency in to another takes place with transferring money from one country to another." According to Kindleberger , "It is place where foreign moneys are bought and sold." In simple words, the foreign exchange market is a market in which national currencies are bought and sold against one another. There are...

Nationalisation of Banks in India - Introduction After independence the Government of India (GOI) adopted planned economic development for the country (India). Accordingly, five year plans came into existence since 1951. This economic planning basically aimed at social ownership of the means of production. However, commercial banks were in the private sector those days. In 1950-51 there were 430 commercial banks. The Government of India had some social objectives of planning. These commercial banks failed helping the government in attaining these objectives. Thus, the government decided to nationalize 14 major commercial banks on 19th July, 1969 . All commercial banks with a deposit base over Rs.50 crores were nationalized. It was considered that banks were controlled by business houses and thus failed in catering to the credit needs of poor sections such as cottage industry, village industry, farmers, craft men, etc. The second dose of nationalisation came in April 1980 when banks...

Monetary Policy Reforms in India The Monetary Policy of the RBI has undergone massive changes during the economic reform period. After 1991 the Monetary policy is disassociated from the fiscal policy . Under the reform period an emphasis was given to the stable macroeconomic situation and low inflation policy. The major changes in the Indian Monetary policy during the decade of 1990. Reduced Reserve Requirements : During 1990s both the Cash Reserve Ratio (CRR) and the Statutory Liquidity Ratio (SLR) were reduced to considerable extent. The CRR was at its highest 15% plus and additional CRR of 10% was levied, however it is now reduced by 4%. The SLR is reduced form 38.5% to a minimum of 25%. Increased Micro Finance : In order to strengthen the rural finance the RBI has focused more on the Self Help Group (SHG). It comprises small and marginal farmers, agriculture and non-agriculture labour , artisans and rural sections of the society. However still only 30% of the sasaran popula...

Newly Opened Skywalk at Kalyan Railway Station ↓ Watch HD Videos of Kalyan City's New Skywalk ↑

R.P. Mangla Hindi High School Photos Thane (E) ↓ Entrance gate of Rajendra Pal Mangla Hindi High School in Thane (East). Playground and campus building photo of R. P. Mangla Hindi High School. A zoomed photo of Mangala Hindi High School's sports playground. Main school building of R.P. Mangla Hindi High School in Thane (East). Entrance gate photo of R.P. Mangla High School when viewed from inside. Old wooden benches arranged row wise in a classroom of High School. Inside view of a classroom in R.P. Mangla Hindi High School, Thane (East) . A photo of classrooms' balcony on second floor of Mangla Hindi High School. HD Videos of Mangala Hindi High School Campus ↓ Mangla Hindi High School Thane (E) Campus Tour.

Every Man is a part of some Social Group Man is a social animal and he cannot survive in isolation. He is born as a part of a primary group which is his family and in most aspects of his life he operates as a part of a group. Being a part of a group gives him security, protection and often an identity but he also has some duties and responsibilities as a part of this group. What is a Group? A group is a small number of people with talents committed to a common purpose, a similar working approach. A group is two or more individuals who are connected to each other by social relationships. What is Group Behaviour? Group behaviour refers to a situation where people interact with each other as part of a small or large group - how they react to discussions, arguments that take place in a group of which they are members. Dynamics of Group Behaviour Dynamics of Group Behaviour refers to study of the behaviour of people as a part of a group. People gather in groups for various reaso...