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Bills of Exchange
The Bill of Exchange, a fundamental instrument in trade and finance, is a pivotal document facilitating secure and efficient transactions. Rooted in a rich historical backdrop, bills of exchange have…
Money Market – Features, Types, Uses & How it Works?
[…] of interest. The private and the public institutions can borrow money from the money market to finance capital requirements and fund business growth through the system of finance bills…
Budget 2024 –Roadmap for Viksit Bharat
[…] It will also bring down the demand embroiled in litigation. It is proposed to be completed in six months. 138. A beginning is being made in the Finance Bill…
Drawing Account
[…] meticulously track and manage withdrawals made by its owners or partners for personal use. Functioning as a specialized ledger, it serves the fundamental purpose of segregating personal finances from…
Deficit Spending: Meaning, Causes, & Multiplier Effect
[…] aims to boost consumer demand, create jobs, and support infrastructure development. However, it also raises concerns about increasing national debt levels and the long-term sustainability of government finances. Understanding…
Union Budget 2023-24|The Vision for Amrit Kaal
[…] certainly boost consumption. The overall perspective of the BUDGET 2023-24 is positive and includes great optimism at every stages for economic growth. This is the year where Finance Minister…
Ledger Balance
What is Ledger Balance ?? Ledger balance serves as a pivotal metric in both personal and business finance, encapsulating the total financial standing of an individual or entity at a…
Government Security: Meaning, Types, Features & Advantages
[…] interest income and capital preservation What is government security in India? Government securities, also known as G-Secs, refer to the debt instruments issued by the government to finance its…
Cash Flow Statement: Meaning, Format & Analysis
[…] Net cash flow is the total of these three components. What is a cash flow statement? A cash flow statement (CFS) is a crucial instrument for managing finances since…
Will Indian Budget 2022 Meet Expectations Of Common Man?
[…] same as the last two years. Budget 2022 would be the fourth such financial bill, presented by Finance Minister Nirmala Sitharaman. In 2020, she had termed the finance bill…