Characteristics of well developed money market The following are the characteristics of a well developed money market. 1. Presence of a strong Central bank in a well developed
Meaning of Money Market Money market is a collective name given to all the institutions that are dealing in short-term funds. It does not refer to a particular
The world bank was established on December 25, 1944. United Nations Monetary and Financial conference held at Bretton Woods provided for the establishment of the International Monetary Fund
Special Drawing Rights (SDR) represents the amount disbursed by IMF to its member countries for meeting their balance of payment deficits or other contingencies. What are SDRs, to
Disadvantages of IMF Though IMF funds are helpful in many ways, there are certain areas where the IMF fails to address the member nations. The disadvantages of IMF
Differences between Factoring and Bill Discounting Though Factoring and bill discounting helps clients in different ways, there are certain difference between them as discussed here. This may be
International Monetary Fund (IMF) played a significant role in stabilizing the exchange rates thereby facilitating international payment adjustments. Economists across the world have commended its role in enforcing
Being the founder member of the International Monetary Fund, India signed the IMF Agreement on December 27, 1945. Until 1970, India’s subscription quota was the fifth largest. Upto
History of the International Monetary Fund (IMF) During the second world war, monetary experts in USA and U.K started thinking about the monetary problems likely to be faced