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Amar Kumar 8 years, 3 months ago
Foreign direct investment (FDI) is an investment made by a company or individual in one country in business interests in another country, in the form of either establishing business operations or acquiring business assets in the other country, such as ownership or controlling interest in a foreign company.
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Amar Kumar 8 years, 3 months ago
An automated teller machine (ATM) is an electronic banking outlet, which allows customers to complete basic transactions without the aid of a branch representative or teller.
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Sia ? 4 years, 6 months ago
| Basis Difference | Fire Insurance | Marine Insurance | Life Insurance |
| Compensation | Amount insured or Actual loss which ever is less is given as compensation. | Purchase price of goods and 10 - 15 percent profit is given as compensation | No loss is compensable only specific amount is paid. |
| Insurable Interest | interest Insurable must exist both at the time of taking policy as well as the time of loss. | Insurable interest must exist at the time of loss. | Insurable interest must exist at the time of taking policy. |
| Assignment of Policy | No Assignment without permission of Insurance Company. | No Assignment without permission of Insurance Company. | No Assignment is done. |
| Nature of Risk | Uncertain | Uncertain | certain but the time is uncertain. |
| Period | Normally for one year | Normally for one year | It is taken for long term. |
| Premium | Premium depends upon the amount insured. More the amount insured more will be the Premium. | Premium depends upon nature of perils | Premium depends upon the age of the insured and term of policy. |
| Object | To cover the risk of fire. | To cover the sea perils | Protection and Investment. |
| Surrender | Cannot be surrendered before expiry | Cannot be surrendered before. expiry. | can be surrendered maturity. |
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Sia ? 4 years, 6 months ago
| SI. No. | Internal Sources of Finance | External Sources of Finance |
| (i) | Internal sources of funds are those that are generated within the business. | External sources of funds include those sources that lie outside the organization, such as suppliers, lenders, and investors. |
| (ii) | Examples of internal sources of finance are accelerating collection of receivables, disposing of surplus inventories and ploughing back of profit. | Examples of external sources of finance are Issue of debentures, borrowing from commercial banks and financial institutions and accepting public deposits. |
| (iii) | The internal sources of funds can fulfill only limited needs of the business. Cost of internal funds is low. | Large amount of money can be raised through external sources. External funds are more costly. |
| (iv) | Business is not required to provide security while obtaining funds from internal sources. | Business is required to mortgage its assets as security while obtaining funds from external sources. |
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Aditya Garg 8 years, 3 months ago
1Thank You