We often heard the term demand in your life and used it many times. But what does it refer to? Have you ever wondered about what is demanded in economics and how it influences the business world? Don’t worry. You are at the right place. In this article, we are going to discuss the demand
Are you one of those investors who are searching for the ‘top 7 mutual funds on the internet to invest in? Most new mutual fund investors ask various versions of these questions before investing to friends or colleagues or in some mutual fund forums to ensure their invested money while starting their investment journey. But
You may learn about so many banks and the central bank that controls all the activities of these banks. But is it all that a central bank does? Doesn’t it have any other function? If you are coming across these questions, please visit the blog below to find all your answer. What Is a Central
What is a commercial bank? A commercial bank is a financial institution or a type of bank which usually accepts deposits from the public and provides loans to them for the purposes of consumption and investment to make a profit. Commercial banks also refer to the bank, or the part of a large bank, that
Moonlighting has become one of the hot topics in the gig economy these days. The concept of moonlighting has seen a tremendous rise, especially amidst this work-from-home model or remote working culture after the covid pandemic. There is always a lot of debate among people regarding the legitimacy of moonlighting in employment sectors. While some
Bankruptcy! It is such a term that you all may be acquainted with. It is such a condition when you are unable to pay your debts and file a petition to the court to be declared as bankrupt. But before filing for bankruptcy, do you have in-depth knowledge about it? Do you have a proper
What is a bank statement? A bank statement is a summary of various transactions that were processed by a bank in your account during a set period of the month. The bank statement describes your bank details, charges, deposits, withdrawals, and deductions, with the account holder’s name and account number. Bank statements also demonstrate the
As you know banks are the financial intermediaries that play a crucial role in the functioning of the economy of India. There are different types of banks present in India that perform different functions and contribute at different levels to cater to the needs of the different sections of our society and economy. Every section
Bank rate! you might have misunderstood the term with the interest rate that the bank offers. Many of you have listened to the term Bank rate but never have taken an interest to learn about that. No matter if you are a learner who has a fair idea of bank rates, or just a normal
If you are depositing a certain amount of money in the bank or borrowing money from it or from somewhere else, you need to pay or get a certain amount of money in addition to your principal. But if you are not aware of the interest you might be defrauded and can face certain problems
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