Meaning of Bank: Different Types of Banks

Banks are financial institutions that are licensed to accept deposits and loans. Banks may also offer financial services such as wealth management, currency exchange, and safe deposit boxes. There are different types of banks, including Development banks, Commercial bank, Merchant banks, and Mortgage banks etc. In most countries, banks are regulated by the national government … Read more

Commercial policy in international trading

COMMERCIAL POLICY IN INTERNATIONAL TRADING Commercial policy in international trade refers to deliberate efforts on the part of a government to intervene in the country’s trade relations with other countries. The commercial policy aims at regulating trade and protecting the economy. INSTRUMENTS OF COMMERCIAL POLICY Several commercial policy instruments are used. These include: (i) Tariffs: … Read more

Meaning of industry and Industrialization

Definition of Industry and Industrialization Industry: The term industry refers to a group of firms that produce broadly similar goods or offer broadly similar services e.g. all the firms producing cement belongs to the cement industry. The firm on the other hand refers to an independently administered business unit that carries out production, construction, or distribution … Read more

SPW Payment Date [All you need to know]

SPW Payment Date: News of the Day for the Federal Government 2022 NDE 774000 NDE 774000 SPW Stipends/Salary Payments in February for Special Public Work (SPW) Program: As we regularly update our audience on SPW stipends/Salary Payments. SPW Stipends/Salary 2022 Payments Update | SPW payment date 2022 This publication is intended specifically for the beneficiaries … Read more