Need for SIDBI: The best way of improving rural economy is by creating more employment through dispersal of various industrial activities so that there will be development of
When was Money Market Mutual Funds initiated? Reserve Bank of India has initiated ‘Money Market Mutual Funds‘ during the year 2000 by which institutions can invest their funds
When we compare Indian money market with the developed money market, we can undoubtedly say that the Indian money market is underdeveloped. A few of the reason for
Though banks are providing different types of loans to customers, export finance is a kind of advance by which not only the customer is benefited but also the
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
