Essay On Banking System.
Modern financial practice is of a complicated nature having attained this highly developed efficiency after ages of evolution, but the profession of banking in some form or the other has existed even in the earliest times. The original form of banking in our country may have been purely money-lending but with the changing need of times people felt the need of depositing money for safe custody and interest with persons or...
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Showing posts with label Economy. Show all posts
Showing posts with label Economy. Show all posts
Essay on Low Purchasing Power
Posted by Umar Khaleeq on 16:50 with No comments
Prices play a very vital role in the modern economy particularly the one which involves a free enterprise system. They guide and organize, like an invisible hand, almost all the economic activities concerning production, consumption, distribution and exchange of goods and services. The important functions usually performed by the prices perform the function of Co-ordination between consumption and production automatically. The consumers are able...
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