Tag Archives | Financial Management

State Financial Corporations: Functions and Working | Financial Management

It was in 1951 that State Financial Corporations Act was passed. In accordance with the provisions of the Act, first Corporation by Punjab Government was set up in 1953. At present there are 18 such corporations. Capital of the State Corporations: Each corporation can have a maximum authorised capital of Rs. 5 crores. The shares of the corporation can be [...]

By |2017-12-11T04:35:11+05:30December 11, 2017|Financial Corporations|Comments Off on State Financial Corporations: Functions and Working | Financial Management

Essay on a Financial System | Financial Management

Here is an essay on a ‘Financial System’ for class 11 and 12. Find paragraphs, long and short essays on ‘Financial System’ especially written for school and college students. Essay # 1. Introduction to Financial System: A financial system enables the transfer of purchasing power within an economy. The cost and efficiency with which they function distinguish developed financial markets [...]

By |2017-12-07T08:48:24+05:30December 7, 2017|Financial System|Comments Off on Essay on a Financial System | Financial Management

List of Financial Instruments | Financial Management

List of financial instruments: 1. Equity 2. Fixed Income Securities 3. Derivative Securities 4. Structured Finance Securities 5. Participating Notes. 1. Equity: Though equity shares are usually associated with voting rights, some may have no voting rights. Others may have more than one vote per share—shares with differential voting rights (DVRs). American Depository Receipts (ADRs), Global Depository Receipts (GDRs) and Indian [...]

By |2017-12-07T08:48:24+05:30December 7, 2017|Financial Instruments|Comments Off on List of Financial Instruments | Financial Management
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