This course note
begins by answering the questions what is money and why are money and financial
markets important to any smoothly functioning economy. The remainder of the
first half of the course note develops the concepts of risk sharing, liquidity,
and information to explain how interest rates are determined and how the
financial system has evolved. The second half of the note examines the link
between the financial system and the real economy. Topics covered include the
determination of the money supply, the conduct of monetary policy, and monetary
theory.
Bank is an institution that deals in
money. Banks accept deposits and make loans and derive a profit from the
difference in the interest rates paid and charged, respectively moreover it
provides other financial services.This PDF book covers the following topics to
Banking : Definition and Functions of Banking and Indian Banking System, Banker
& Customer, Employment of Bank Funds, Laws Relating to Negotiable Instruments,
Communication at Workplace.
This note explains
the following topics: Functions Of Banking and Indian Banking System, Banker and
Customer, Employment of Bank Funds, Laws Relating to Negotiable Instruments,
Communication at Workplace.
This note covers the
following topics: The theory of value, The theory of the Coinage, The theory of
credit, Transfer of Credits or Debits, Commercial Credit, The theory of banking,
The theory of banking discount, The Foreign Exchanges.