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  • 1 answers

Gaurav Seth 5 years, 1 month ago

'Bank' is a financial institution that accepts deposits and channels the money into lending activities. 'Banking' as an activity involves acceptance of deposits and lending or investment of money.

1.Central bank: Central bank is the apex institution of a country’s banking system. It controls, regulates, and supervises the activities of commercial banks. In India, the Reserve Bank of India is the central bank.
2. Commercial banks : Commercial banks accept the deposits for the purpose of being lent to industry or trade. These Eire governed by the Indian Banking Regulation Act, 1949. These are sub-divided into :
(i) Public sector banks : Public sector banks are managed and controlled by the government as it is the major shareholder. These banks make policies keeping in view the welfare of the people.
(ii) Private sector banks : These are managed and controlled by private individuals as a majority
of shareholders are from private concerns. These banks work on a profit basis.
(iii) Cooperative banks : These banks are formed to provide/grant loans to its members on easy terms. These are controlled by the State Corporation Societies Act.
(iv) Specialised banks : These banks are formed with the purpose of providing specific needs of the industry.

  • 2 answers

Mukul Mittal 5 years, 1 month ago

A partner who invest money ,share profit and loss and have actively part in the management. ______________________________

Study Vampire 5 years, 1 month ago

A partner who actively take part in management of the firm .
  • 2 answers

Hiral Jain 5 years, 1 month ago

Ok

Mukul Mittal 5 years, 1 month ago

Private sector is that sector of business which is owned by private peoples. But Public sector is that sector of business which is owned by state (govt. Of all types).
  • 1 answers

?????? ???? . 5 years, 2 months ago

1)The sole trading business can be started and dissolved at the discretion of the sole trader because no legal formalities are required for its set up. 2)As there is no separate statute which governs the sole trading business, these are subject to the general laws of the land. 3)The sole trading business exist with the sole trader as the sole trader and the business denote same thing and one. 4)The liability of the sole trader is unlimited and as such no distinction can be made between business and private assets, business and private loans at the time of winding up.
  • 1 answers

Muskan Jindal 5 years, 2 months ago

Merits of sole trader are Quick and prompt decision can be taken by individual . It is easy to form . Effective control. Secrecy can be maintained. Direct contact with customers. Demerits of sole trader are Unlimited liability. Limited resources like capital. Limited managerial skills. Not suitable for large organisations.
  • 2 answers

Rakshith Rakshi 5 years, 2 months ago

Kannada

Yogita Ingle 5 years, 2 months ago

Business refere to an occupation in which people regularly engage in activities related to purchase, productions and for sale of goods and services with a view to earn profits.

  • 1 answers

Kajal Kanwar 5 years, 2 months ago

It's an economic activity
  • 2 answers

Radhika Gupta 5 years, 2 months ago

1st active partnership

Sia ? 5 years, 2 months ago

Types of Partners in a Partnership

  1. Working Partner
    A Working Partner is one who contributes capital to the business and takes active part in its management. Hence, he is called active partner.
  2. Sleeping Partner
    A Sleeping Partner is one who contributes only capital to the business, but does not take part in its management. He is also called dormant partner or financing partner.
  3. Nominal Partner
    A Nominal Partner does not contribute capital. Neither does he take active part in the management. His contribution in a partnership is limited to allowing the other partners to make use of his name.
  4. Partner by Estoppel
    Partner by Estoppel is not a partner of the firm but by his words and conduct he leads the outsiders to believe that he is also a partner of the firm. Usually this arises, when the outgoing partner fails to give notice about his retirement.
  5. Limited Partner
    In foreign countries like U.K., the law of the land permits the admission of partners with limited liability. But in India, no one can be a limited partner. There is only one exception. The liability of a minor admitted for the benefits of partnership is limited to the extent of his capital contribution.
  6. Secret Partner
    A Secret Partner is actually a partner of the firm. But he does not hold out to the public as a partner of the firm but keeps his existence as secret. His liability is also unlimited.
  7. Partner by Holding Out
    Though a Partner by Holding Out is not a partner, he knowingly permits himself to be a partner of the firm by his activities.
  8. Sub – Partner
    A Sub-Partner has no direct contact with the firm. He is only next to a partner.
  9. Partner in Profit
    A Partner in Profit becomes a partner whenever the firm earns profit. His liability is also unlimited.
  • 2 answers

Anshika Tripathi 5 years, 2 months ago

Tertiary industry are the service industry which provides people to get employed and it includes banking ,insurance etc . In auxiliary to trade are buying and selling of goods it includes warehousing, transportation etc.

Sia ? 5 years, 2 months ago

<div>Tertiary industries are concerned with the firms that provides all kinds to services including consumer services, transportation for people, banking etc. But, Auxiliaries to trade are the activities that facilitate the trading process only. There are various auxiliaries to trade like banking and finance, advertising, warehousing etc.
Therefore, tertiary industries are wider in scope than auxiliaries to trade and they cover all auxiliaries to trade.</div>
  • 2 answers

Sia ? 5 years, 2 months ago

National Bank for Agriculture and Rural Development

Anshika Tripathi 5 years, 2 months ago

Nation bank for agricultural and rural development
  • 2 answers

Maheshwari Mansi 5 years, 1 month ago

it is a notice and circular or a document of a company informing the public about new issue of shares objective and subjective risk factors directors location date of issue except to the public it is an invitation to the public to apply for shares it is mandatory for a public company to issue of prospectus a private company need not issue prospectus

Saloni Jain 5 years, 2 months ago

Prospectus is a kind of brochure or document clearly specifying the aims, objectives rules regulations and other necessary information of the business
Ok
  • 0 answers
  • 2 answers

Anshika Tripathi 5 years, 2 months ago

Sole means only and proprietor means owner it means only owner. A business owned , manage amd run by the individual.

Saniya Khan 5 years, 2 months ago

A business owned and managed and controlled by a single individual is known as a sole proprietorship organization.
  • 2 answers

Anshika Tripathi 5 years, 2 months ago

It refers to possbility of adequate losses

Saniya Khan 5 years, 2 months ago

It refers to probability of losses due to unforeseen circumstances and events.
  • 3 answers

Anshika Tripathi 5 years, 2 months ago

The head of the hindu undivided family known as karta

Rohit Choudhary 5 years, 2 months ago

Are you student or teacher? ?

Saniya Khan 5 years, 2 months ago

He is the senior most male members in joint Hindu family business he has complete contract of business and his liability is unlimited.
  • 3 answers

Anshika Tripathi 5 years, 2 months ago

Business means being busy, it is an economic activity where we earn a money for living, it main aim to earn more nd more profit

Khushi Sachan 5 years, 2 months ago

Business refers to those economic activity which is conducted on regular basis through the motive of earing profit

Saniya Khan 5 years, 2 months ago

Business is a human activity directed towards or acquiring wealth through buying and selling goods .
  • 3 answers

Saloni Jain 5 years, 2 months ago

Company or partnership

Khushi Sachan 5 years, 2 months ago

Sole proprietorship

Vidisha Dubey 5 years, 2 months ago

Partnership
  • 0 answers
  • 2 answers

Vidisha Dubey 5 years, 2 months ago

Min-2, max-50

Pardeep Yadav 5 years, 2 months ago

minimum 2 and maximum 20 in ordinary and 10 in banking business
  • 1 answers

Rohit Choudhary 5 years, 2 months ago

That chapter doesn't matter in First term It is not in syllabus
  • 4 answers

Dileep Mishra 5 years, 2 months ago

2. Publication of code 3. Establishment of compliance mechanicar 4. Involveing employee at all level 5. Measuring result

Dileep Mishra 5 years, 2 months ago

1 top management commitment

Dileep Mishra 5 years, 2 months ago

The basic element of business ethics _

Dileep Mishra 5 years, 2 months ago

Business ethics refer to the relationship between business objective s practice nd technique bd good of society it is concerned with the socially determine a moral principal which should govern business activities
  • 1 answers

Yashika Sharma 5 years, 2 months ago

Through its merits *Equal voting status

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