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Commerce and Management Sciences World

Commerce, Financial Accounting, Human Resource Management,, Cost Accounting, Principles of Business

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What is Inflation and Its Causes

August 12, 2014 By Salman Qureshi Leave a Comment

Inflation is the process in which there is a continuous increase in the general price level and the money is continuously losing its value. Everybody know the term inflation but majority did not understood it. In simple word we can say that in inflation the power of Money is losing. According to Gardner Ackley definition […]

Filed Under: Principles of Banking Tagged With: banking notes, causes of inflation, inflation, inflation economy, inflation in pakistan

Functions of Commercial bank

March 27, 2014 By Salman Qureshi Leave a Comment

Functions of Commercial bank          A bank is a financial institution which deals with the money and credit. It is organized on a joint stock company system primarily for the earning of profit. The main function of commercial bank is to accept deposits from individuals, firm and companies at lower rate of interest and gives […]

Filed Under: Principles of Banking Tagged With: ACCA, B.com, bank, bankers, banking, banking notes, BBA, bcom notes, Commercial bank, commercial bank functions, commercial banking, Functions of commercial bank, M.COM, MBA

History of Banking System

March 27, 2014 By Salman Qureshi Leave a Comment

History of Banking System                      There are various view about banking and its evolution, the origin of a word ‘bank’  is that it is derived for Italian word ‘banque’ which  means bench. Another view is that it has originated from f German word ‘banc’ which means a joint stock firm. According to G.crowther  the present […]

Filed Under: Principles of Banking Tagged With: banking evolution, banking notes, banking.bank, bcom banking notes, Evolution of banking, history of banking

What is Commercial Banks – Definition and Meaning

March 2, 2014 By Salman Qureshi Leave a Comment

What is Commercial Banks:          It is a financial institution that provides services for businesses, organizations and individuals. Services include offering current, deposit and saving accounts as well as giving out loans to businesses.                     Commercial banks are defined as a bank whose main business is deposit-taking and making loans. This […]

Filed Under: Principles of Banking Tagged With: bank, banking, banking and finance, banking notes, bcom notes, Commercial bank, commercial banks, define commercial bank, explain commercial bank

What is Central Bank Definition & Meaning

February 16, 2014 By Salman Qureshi Leave a Comment

What is Central bank            Central bank that provides financial and banking services for its country’s government and, as well as implementing the government’s monetary policy and issuing currency.            Central Bank have a wide range of responsibilities, from overseeing monetary policy to implementing specific goals such as currency stability, low inflation and full employment. […]

Filed Under: Principles of Banking Tagged With: bcom banking notes, bcom notes, Central bank, define Central bank, definition of Central bank, explain Central bank, fiscal policy, free banking, free banking notes, goal of central banks, inflation, regulatory authority of a country's monetary policy, the lender of last resort, what is Central bank

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