Define Letter of Undertaking (LOU)? Letter of undertaking (LOU) is a bank guarantee under which a bank allows its customers to raise money from …
External Commercial Borrowing (ECB) is an instrument used to facilitate Domestic companies to raise money from outside.
Depository Receipts (DR) is a mechanism through which an Indian company (like MDH) can raise Finance from the International Equity Market.
Black Money refers to a sum of money that is unaccounted i.e. we have not declared it to the legal authorities.
Define Money Laundering And Its 3 Stages: Money laundering is a process of converting illegal money into legal money. It is the process that hides illegal profit without compromising.
Tax Haven can generally be defined as an offshore country that offers foreign individuals and companies little or no tax liability in an economically and politically static environment.
Hawala (‘Havaleh’ in Persian) is an alternative or parallel remittance system that operates outside or parallel to the traditional banking system. It …
National income can be defined as the sum total of all value of goods and services produced……Concept, GDP, NDP, GNP And NNP
Capital has different meanings depending upon the context in which the term is used. It can be Financial capital, human capital, social capital or etc. Low And High Capital Output Ratio.
Well inequalities in access to Bare Necessities, like Drinking Water Sanitation hygiene and housing conditions continue to exist between urban and rural …