Here is an essay on ‘Treasury Risk Management in Banks’ especially written for school and banking students. Essay # 1. Supervision and Control of Treasury: 1. Treasury Risk Management: Treasury risk management assumes importance for two reasons: (a) The nature of treasury activity is such that profits are generated out of market opportunities and market risk is present at every [...]
This article will help you to learn about the between a bill of exchange and a cheque. Difference between Bill of Exchange and Cheque Bill of Exchange 1. Drawn On: It is usually drawn on any person. 2. Acceptance: Acceptance of bill of exchange is necessary before its payment can be claimed. 3. Days of Grace: Three days of grace [...]
This article will help you to learn about the difference between a bill of exchange and a promissory note. Difference between Bill of Exchange and Promissory Note Bill of Exchange 1. Drawer: It is drawn by a creditor. 2. Parties: There are three parties: (i) Drawer, (ii) Drawee and (iii) Payee. 3. Acceptance: A bill of exchange requires acceptance of [...]