by kasi | Oct 24, 2010 | Economics
The functions of commercial banks are ever increasing with changing demands and emerging technology. Commercial banking has a vast scope and increasing function day by day. Functions of commercial banks are discussed ahead. Receiving Deposits Deposits are the... by kasi | Oct 24, 2010 | Economics
Direct Taxes All taxes paid directly to state authorities by the taxpayer are direct taxes, income tax, wealth tax, corporation taxes are the examples of direct taxes. These types of tax are calculated on directly on the individual’s earnings or wealth. Indirect... by kasi | Oct 22, 2010 | Economics
An honest man is a brave. He may not be a warrior or popular man, but indeed he has won a great victory over lies. It is really good to be honest and honesty does not mean to be honest only with few people, but it has to be practiced in all spheres of life. One must... by kasi | Oct 21, 2010 | Economics
In order to stand upright some inner strength is needed. In human beings, it is character. It means that one must be internally strong rather than externally. As a human being, we always seek others help. Dependence on others is very dangerous and it can be withdrawn... by kasi | Oct 20, 2010 | Economics
There are two philosophies of life. If a person wants to reach some destination, he may adopt different ways to reach there. What method one adopts is to some people, not important but the ends are important. If a person wants to pass an examination, he can pass it by... by kasi | Oct 20, 2010 | Economics
Balance of trade and balance of payment are two commonly used terms in international economics. These terms are different but related to each other as Balance of trade is a component of Balance of Payment. BOT include as current item in balance of payment and...