What are Treasury Bills? Treasury Bills Market Treasury bill is a monetary policy instrument through which government raise funds for short period requirements and commercial banks invest their short period surpluses by buying these bills from government. Three types of treasury bills are important: 91 days Treasury bill; 182 days Treasury bill; and…
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What are Commercial Bills? Commercial Bill Market The commercial bills are issued by the seller (drawer) on the buyer (drawee) for the value of goods delivered by him. These bills are of 30 days, 60 days or 90 days maturity. If the seller is in need of funds, he may draw a bill…
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Tribal Economy in India The sources of subsistence and livelihood are varied so far the Indian tribals are concerned. Starting from the pure and simple parasitic habit of the nomadic hunters and food-gatherers who depend mostly on nature for the sources of subsistence to the settled agriculturists and the group of industrial laborers,…
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Top 10 Major Problems of Indian Agriculture Indian agriculture is going through a constant process of learning aimed at conquering nature. The Indian agricultural scientist and farmer are telescoping into a few brief years achievements which have taken decades or even centuries to accomplish in the agriculturally advanced countries. Only recently has India…
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The Role of Private Sector in Economic Development of India Though the Private Sector businesses are actuated by motives of private gain, it would be unkind to minimize the value of their contribution to the growth of our industrial life. Private sector businesses play an important role in manufacturing industries and the export…
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Sources of Industrial Finance in India Introduction By industrial finance we mean the organization of various types of finance needed by industries for their activities connected with the production of goods and services. Production activities include construction of buildings, purchase of machines, their repair, purchase of raw materials, engagement of laborers etc. For…
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Sources of Capital for Large Scale Industries The large scale enterprises need adequate funds for purchasing plant, raw materials, machinery as well as for the construction of new factory or the extension of existing ones. The large scale industries obtain both block capital and working capital from various sources which are as follows:…
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Short Paragraph on Large Scale Industries in India India’s progress in modernization of Industries has been quite impressive. India is a fast growing major economy. It size is vast. There is a rising graph of growing requirements for all kinds of products. The cement industry is said to be more or less self-sufficient…
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Role and Functions of Financial Markets Financial Markets facilitate the institutions accept deposits as liability and transform them into assets such as loans. This is known as liability asset transformation function. Financial institutions can bring about scale economies in lending and borrowing by providing large loans on the basis of numerous small deposits.…
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Public Finance in India Public finance means the financial transactions of the government. Under the federal structure, the financial relationship between the union government and the state governments are based on the principle of federal Finance. The Indian constitution provides a three-fold distribution of legislative powers between the centre and the states. The…
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