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 [...]
Here is an essay on ‘Foreign Exchange Market’ for class 11 and 12. Find paragraphs, long and short essays on ‘Foreign Exchange Market’ especially written for school and college students. Essay Contents: Essay on the Regulation of Foreign Exchange Market Essay on the Nominal Effective Exchange Rate (NEER) of Foreign Exchange Market Essay on the Currency Devolution and Depreciation in [...]
International Finance is related to business decisions such as asset selection, resource allocation and financial management. 1. For Business Firms: Every firm faces the four important decision-making areas in financial management. These are: i. Investment decision ii. Financing decision iii. Working capital management decision iv. Dividend decision. Firms with a presence in different factor and product markets have to grapple [...]