Chartered bank loan policy
“When a chartered bank makes loans, it makes money; while loans are repaid, money is destroyed.” Describe.
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Banks add to cheque account balances while they make loans; these chequable deposits are part of the money supply. People pay off loans through writing cheques; chequable deposits decrease, meaning the money supply drops. Money is “destroyed.”
Hi this is Shailender Ojha i want to know when we receive the sales where we put the sales. in debit or credit column . could you please let me know.
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causes and solutions to international bank crisis
On a weekly basis, starting from week ending on 18/1, you need to produce a weekly performance report of the major indices around the world following this structure: Currencies a. USD vs Yen, vs GBP(GBP/USD), vs. Swiss Franc (USD/CHF) b. Euro vs USD, Y
Abolishment of Fund: It is a closure of fund pursuant to the operation of law. The funds might also be administratively eliminated by the Department of Finance with the concurrence of the State Controller’s Office. Whenever a sp
I have to explain Financial crisis of India during 1997. Can someone help me in this question ?
Describe who owns a credit union? Credit unions are owned through their members. While credit union members put money in their credit union, they are not "depositing" the money technically. In spite of, they are purchasing shares of the cr
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