INDIAN FINANCIAL SYSTEM The economic development of a nation is reflected by the progress of the various economic units, broadly classified into corporate sector, government and household sector. A financial system or financial sector functions as an intermediary and facilitates the flow of funds from the areas of surplus to the deficit. It is a composition of various institutions, markets, regulations and laws, practices, money manager analyst, transactions and claims and liabilities. function
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INDIAN FINANCIAL SYSTEM 1. The Financial System – Nature, Evolution and Structure 1.1 The Nature of Financial System What is a Financial System? A system is generally defined as an ordered, organized and comprehensive assemblage of facts, principles or components relating to a particular field and working for a specified purpose. A Financial System aims at proper redistribution of surplus financial resources for the equitable growth of an economy. “Financial System is a set of complex
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KEY PERFORMANCE INDICATORS OF RRB- AS ON 31 MARCH 2011 (`. Lakh) Sr. No. No. of District Branches Covered 5 8 5 3 5 2 16 25 2 8 11 1 18 3 2 14 12 7 7 7 16 11 1 13 11 15 9 7 2 9 3 8 1 7 8 3 8 3 10 3 20 1 2 16 5 12 9 6 8 5 2 6 5 2 15 2 5 11 6 3 13 3 6 6 5 15 15 4 11 7 4 14 8 2 3 7 14 7 4 9 11 4 3 620 6 553 385 105 226 144 22 362 46 164 421 68 884 112 90 266 134 145 167 186 229 125 33 111 176 221 188 215 53 451 139 368 30 185 235 80 223 43 214 100 348 63 27 329 96 182 27 58 62 8 104 183 174 81 333
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Financial System is a system that allows the transfer of money between savers and borrowers. It helps in transferring of surplus amount of money from the savers to the borrowers who need money, which helps savers to earn on their investments, and this similarly helps the borrowers to fulfill the need of the money. A financial system helps promotes the wellbeing and also helps in improving the living standards of people. Lets start with the Capital Market in India first. Capital Market is a market
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Reservation Policy and Indian Constitution in India DR.SUNIL KUMAR JANGIR (Assistant Professor) POLITICAL SCIENCE DEPARTMENT "It is against the fundamental principles of humanity, it is against the dictates of reason that a man should, by reason of birth, be denied or given extra privileges" -Mahatma Gandhi Abstract: However, the theme of reservations has figure importantly in open debates constantly since the recommendations of the Mandal Commission Report were sought to be implemented in
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magnitude. Conservative Estimate by Global Financial Integrity India’s standing per Transparency International India’s Corruption Perception Index: 3.3 Scale of 0 to10 10 (highly clean), 0 (highly corrupt) India The Republic of Scams India, Republic of Scams 2G Spectrum Allocation Fraud, 1.76 lakh crores (40 billion dollars) Classic example of collusion between politicians, industrialists and media with high powered brokers. Indian Government refuses to constitute a joint parliamentary
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UNION BUDGET 2012-13 16 March 2012 INTRODUCTION The Indian Government finds itself in an unenviable economic position at the current moment. First, the tight monetary policy adopted by the RBI in the past months has led to a dip in GDP growth rates, from the 9% figure projected in the previous budget to a modest 6.9%. Second, there has been an increase in the fiscal deficit, which can be explained by lower than expected revenue collections from taxes (due to slowing growth), low disinvestment
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BUDGET ANALYSIS : AGRICULTURE SECTOR 2012-13 HIGHLIGHTS For Indian Economy it had been a year of recovery interrupted FY12 GDP seen at 6.90% - Economy to grow at 7.60% in 2012-13 Country had to battle Double digit Inflation Weak economic growth attributed to low industrial growth Agriculture and Services have performed well Fiscal balance has deteriorated Signs that Economy is turning around Focus on domestic demand driven growth Economy Need to improve supply
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Highlights: Railways hope to achieve total receipts of Rs 1,64,374 crore and would peg total expenditure at Rs. 1,49,176 crore," he said. Earnings from Freight Traffic are estimated at Rs 1,05,770 crore and from Passenger Traffic Rs 44,645 crore, Indian Railways earned approximately Rs. 1,40,485.02 crores in fiscal 2013-14, as compared to Rs. 1,21,831.65 crores in fiscal 2012-13. Total goods earnings were Rs. 94925.02 crores in fiscal 2013-14, as compared to Rs. 82852.54 crores in fiscal 2012-13
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Amit Pati PGDM 20160009 Individual Report Of Reservation Reservtion in India is a form of affirmative action designed to improve the well-being of backward and under-represented communities defined primary by their ‘caste’ (quota-system based on ‘gender’ or ‘religion’). These are laws wherein the certain percentage of total available vacancies in educational institute or government jobs are set aside for people from backward communities and others like SC, ST, OBC are the primery beneficiaries
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