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Credit and it's types

The word 'credit' is derived from the Latin word credo meaning 'I b…

CONCEPT OF MARKET

In the general sense market is a place where buyers and sellers interact for a …

What are the role of banks in country's economy?

A Well developed banking system helps in economic development in a modern econo…

Meaning of exchange

In general speaking, the exchange is a mutual exchange of goods. But in economi…

Barter System Of Exchange

In a primitive society, economic activities were not developed. This economy wa…

What are the importance of insurance companies?

Important of insurance companies in economic development Insurance companies pl…

Functions of the central bank

The central bank is the apex monetary and banking authority. It performs differ…

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