...Definition of 'Commercial Bank' A financial institution that provides services, such as accepting deposits, giving business loans and auto loans, mortgage lending, and basic investment products like savings accounts and certificates of deposit. The traditional commercial bank is a brick and mortar institution with tellers, safe deposit boxes, vaults and ATMs. However, some commercial banks do not have any physical branches and require consumers to complete all transactions by phone or Internet. In exchange, they generally pay higher interest rates on investments and deposits, and charge lower fees. Investopedia Says Investopedia explains 'Commercial Bank' Commercial banking activities are different than those of investment banking, which include underwriting, acting as an intermediary between an issuer of securities and the investing public, facilitating mergers and other corporate reorganizations, and also acting as a broker for institutional clients. Some commercial banks, such as Citibank and JPMorgan Chase, also have investment banking divisions, while others, such as Ally, operate strictly on the commercial side of the business. State Bank of India (SBI) is a multinational banking and financial services company based in India. It is a government-owned corporation with its headquarters in Mumbai, Maharashtra. As of December 2012, it had assets of US$501 billion and 15,003 branches, including 157 foreign offices, making it the largest banking and financial services...
Words: 1022 - Pages: 5
...SINGAPORE Pinatunayan ng Singapore na hindi batayan ang laki ng isang bansa upang masukatkung gaano sila kaunlad. Para sa kanila, maliit man ang kanilang bansa, ito ay nakapupuwing din. Kakaiba sa maraming bagay ang bansang Singapore. Isa ito sa pinakamaliit na bansa sa buong mundo ngunit isa rin sa pinakamayaman. Kilala ito sa kalinisan at kaayusan. Isa rin ang bansang ito sa may pinakamababang bahagdan ng korupsyon sa buong mundo. Ang dahilan kung bakit maunlad ang bansang Singapore ay hindi nakasalalay sa likas na yamang taglay ng kanilang bansa. Napakaliit nito at kung ikukumpara sa kung ano angmayroon ang Pilipinas, wala pa ito sa kalingkingan. Ang kanilang pag-unlad ay bunsod ng disiplina ng kanilang mamamayan. Ano pang bansa ang alam mo maliban sa Singapore angmay batas na bawal kumain ng bubble gum dahil ayon sa mga namamahala rito, posible itongmakadagdag sa dumi sa kapaligiran? At saang bayan ka makakikita na lahat ng mamamayanay tumatalima sa ganitong uri ng batas? Disiplina. Iyan ang isang bagay na kailangan pang hasain nating mga Pilipino upangumunlad ang ating bansa tulad ng kapitbahay nating Singapore. Naging armas nila angkanilang disiplina upang makaahong muli bilang isang malayang bayan. Tulad ng Singapore, inspirasyon ng marami ang mabilis na pag-unlad ng bayang ito, mula sa isang mahirap na bansa noon 1800s hanggang sa pagiging industriyalisadong bansa sa kasalukuyan.Bakas na bakas ang disiplina sa iba’t ibang aspekto ng kultura ng Singapore...
Words: 346 - Pages: 2
...Cold Equations Everybody must deal with "Cold Equations" in his or her life. Whether it is death, heartbreak, having to go to school, crime, violence, family, all of us must come to grips with things we can't change. The author from this novel "Cold Equations" is trying to teach us that nature is unforgiving and no one can avoid it. Death is a cruel part of law of nature, it can take away someone's life and won't care about it. Everybody has to deal with the laws of nature, sometime in their life, we just have to deal with it and hope everything goes good. The laws of nature is always in a person's life, everybody copes with the inevitable and has to deal with their problems and the things we can't change. Everyone should enjoy their life to the fullest and don’t take any moment of your life for granted, because laws of nature could simply take everything away. The space frontier is desolate and must abide by the strict, cruel laws of nature. “The laws were, and the universe moved in obedience to them.” This is showing that the laws of nature have no morals; they are how they are and no one can change it. We should tell people how we feel about them when we can. We shouldn’t ignore the little things that we have done and we should tell people we love them, thank them, and say sorry for what we did to hurt them while we still have time. Accidents can happen out of nowhere and take the chances away to tell people how you feel about them. In the "Cold equations" Marilyn was an...
Words: 334 - Pages: 2
...Export – Import PROCEDURES AND DOCUMENTATIONS | | | | | Acknowledgement I am very glad to prof. Rita Khatri for giving me such a knowledgeable project. It was an immense pleasure to work on this project. In this project I acquire knowledge of online advertising . I am also hoping for such good and knowledgeable projects in future also. Thank You…. EPC (Export Promotion Council) The Export Promotion Councils are non-profit organisations registered under the Indian Companies Act or the Societies Registration Act, as the case may be. They are supported by financial assistance from the Government of India. Role The main role of the EPCs is to project India's image abroad as a reliable supplier of high quality goods and services. In particular, the EPCs encourage and monitor the observance of international standards and specifications by exporters. The EPCs keep abreast of the trends and opportunities in international markets for goods and services and assist their members in taking advantage of such opportunities in order to expand and diversify exports. Functions The major functions of the EPCs are as follows: 1. To provide commercially useful information and assistance to their members in developing and increasing their exports 2. To offer professional advice to their members in areas such as technology upgradation, quality and design improvement, standards and specifications, product development and innovation etc. 3. To organise...
Words: 3932 - Pages: 16
...Chapter 8 Conclusions On the basis of the findings, the following conclusions can be drawn: (on child labour in the export-oriented garment and gem polishing industry of India) 1. For both, the garment export industry in Tirupur and in Bangalore as well as the gem polishing export industry in Jaipur, it has been found that their expansion, due to an increased international demand by European countries and the US for garments and (semi-)precious gem stones, caused an increase in the number of economically exploited child and adult labourers. When children are concerned this caused more school drop outs and illiterate children. It has been found that the labour of children who work in the above mentioned industries interferes with their mental, physical and social development. Especially in the garment industry as compared with the gem polishing industry the children are physically and economically exploited. Though the children in the garment industry earn higher wages than the children in the gem polishing industry, they are forced to work more hours per day and also in the nightshift because export orders have to be completed in time. This puts a tremendous stress on the children. The majority of the children in the garment industry of Tirupur suffers from exhaustion. This is even more the case for the children who have to combine work with education in the evening in non-formal education centres. 2. Employers of both the industries have a vested interest in child labour...
Words: 2853 - Pages: 12
...Kevin - UNPOLISHED GEM ESSAY When I was young, I very like read the book. One of all book I read before, this is “Unpolished Gem” by Alice Pung. She is good author. This book she talk about her life that why was her family move from Chinese Cambodia to Australia, what happened in her life, what are they doing in this new country. Through Alice, I can understand something, it not easy for us to know in future. However I know that she always change in her life over time like Alice is more Australia than Chinese Cambodian. Alice improves her English in high school, she start to lose her ability to communicate with her mother. This make her mother feel like an outsider in her own home. Alice try to understand Chinese but she couldn’t. When Alice go with her mother to go to explain the bank statements to her. She couldn’t explain for her mother understand, her mother complain with her auntie “I tell her to look at the bank statements and explain them to me, but she can’t’’ (p.142). As she complain with Alice auntie that Alice don’t need to go to school and she thought “they spend their whole lives at school and instead of making them brighter, it makes them limp and lazy. (p.142)...
Words: 632 - Pages: 3
...This paper depicts the adverse effect of diamonds on the people of Africa. It also addresses the real price of diamonds which it believes to be the lives of millions of Africans. Additionally, it examines the response from the United Nations and question if enough is being done to crack done on the sale of blood diamonds. The famous phrase “Diamonds are Forever” is known to most people all over the world. What most people do not know is where most of these diamonds are coming from and how they came to become perfect gestures of love and romance. Looking at a clear cut diamond ring, it is hard to imagine the possibility of thousands of innocent people being murdered, tortured, and forced to mine for these stones; unfortunately that is the case in Africa. Diamonds in West Africa have been used for the last 30 years to fund rebel groups and their desire to take control of their nations by violence and intimidation. In such conflicted regions of the world, diamonds lose their connotation of beauty and elegance and are stained with blood. In this paper, I will discuss the many ways in which “conflict diamond” has brought nothing but poverty, suffering and war to the West African people. I will further explain what world organizations such as the United Nation have done in order to counteract the adverse effects of the conflict diamond on the African community, and the extent to which such efforts have been successful. Conflict diamonds are diamonds illegally traded...
Words: 1693 - Pages: 7
...Advertisement: At most jewelry stores, the person assessing the diamond is the person selling it so you can see why an assessor might say that a diamond is of higher quality than it really is. But because all diamonds sold at Gem World are certified in writing, you’re assured of a fair price when purchasing a diamond from Gem World. The reasoning in the advertisement would be most strengthened if which one of the following were true? a) Many jewelry stores other than Gem World also provide written certification of the quality of their diamonds. b) The certifications of diamonds at Gem World are written by people with years of experience in appraising gems. c) The diamonds sold at Gem World are generally of higher quality than those sold at other jewelry stores. d) The diamond market is so volatile that prices of the most expensive diamonds can change by hundreds of dollars from one day to the next. e) The written certifications of diamonds at Gem World are provided by an independent company of gem specialists. Statistician: A financial magazine claimed that its survey of its subscribers showed that North Americans are more concerned about their personal finances than about politics. One question was: "Which do you think about more: politics or the joy of earning money?" This question is clearly biased. Also, the readers of the magazine are a self-selecting sample. Thus, there is reason to be skeptical about the conclusion drawn in the magazine’s survey. ...
Words: 2202 - Pages: 9
...into the water, he robbed possession Their clothes were finished Buddha mantra, thus far can not dress, vulgar dock made out of eggs, that ground also. This cast over West Boat trip on the 7th, see Yingge Mountain mouth, again on the 2nd, the temple hill, just to name another horse country Ceylon Rory. From This berthing, landing land line. There on the beach where a foot of light stone footprint, long two Chixu, cloud Shakya from Turquoise Mountains, from where landing, foot this stone, it traces Cunyan. There are shallow quit, everyone dipped their hands washed surface swab Head, said, "Buddha water clean." Have left temple, there Sakyamuni Buddha had diarrhea side, surviving immortal. Each bedroom with its seat Agarwood embedded gems like makeup whom, is very gorgeous, but also the living Buddha's tooth relic and other objects in the Church. Its Buddha Nirvana , Being this into consideration also. And four or five miles to the north, the city was home of the king. Department of lock Vulgar native king, Shung Shun Buddhism , Dear like cattle. Will burn cow dung ash all over its body paint, cattle dare not eat, just eat their milk. If cow died, that buried Of, if Sizai cow, Fa sin unto death, or satisfied Tau Daikin to redeem against himself. King's home address, we small farmers every...
Words: 746 - Pages: 3
...EOCQ 15) Cent Investments Ltd is considering a project that will result in initial cash savings of $5 million at the end of the first year, and these savings will grow at the rate of 3.2% per year indefinitely. The firm has a debt/equity ratio of 4.0, a cost of equity of 12%, and an after-tax cost of debt of 6%. The cost-saving proposal is related to the firm’s core business, so it is viewed as having the same risks as the overall firm. Under what circumstances should the firm take on the project? WACC = 7.20% PV of cash savings = $125,000,000 ? Thus, the firm should take on the project if the initial investment cost of the project is less than $125 million. 5. EOCQ 20) The Mark Models Company Ltd (MML) is contemplating a $20 million expansion project in its models division. It has forecast after-tax cash flows for the project of $8 million per year in perpetuity. The cost of debt capital for MML is 8 per cent, and its cost of equity capital is 16 per cent. The tax rate is 30 per cent. Mark Might, the company’s chief financial officer, has come up with two financing option: 1) $20 million issue of 10-year debt at 8 per cent interest. The issue costs would be 1 per cent of the amount raised. 2) A $20 million issue of ordinary shares. The issue costs of the shares would be 15% of the amount raised. The target debt/equity ratio of Mark Models is 3. The expansion project will have about same risk as the existing business. a) Mr Mark has...
Words: 2471 - Pages: 10
...After getting out for spring break, they travel to their grandparents house; a trip they both enjoyed in years gone by, however, now Kaitlyn feels as though her time could be better spent elsewhere, especially apart from her brother. They arrive at their grandparents’ farm very late, greet their grandparents and get to bed, both exhausted from the long day. They wake the next morning to the sound of pounding rain and thunder. Extremely bored, Danny finds his old favorite fairy tale, “Chiaroscuro: The Forgotten Kingdom”. During...
Words: 2110 - Pages: 9
...Rebecca Sugar's Steven Universe has quickly developed a large fan base of kids, teens, and adults alike. Much of the draw for the show comes from its non-traditional representation of gender and familial structures; from the main character, Steven, being raised primarily by three humanoid, female presenting aliens known as "gems" — Garnet, Amethyst and Pearl — with only occasional interactions with his human father; to a cannon lesbian couple (with another couple being implied but not yet confirmed); to even Steven himself frequently acting in ways that are often coded feminine, such as enjoying dressing up, dancing, and openly crying and becoming emotional in front of others. However, one of the more commonly discussed characters among the fans is Stevonnie. Stevonnie is what is known in the show as a "fusion" of Steven and Connie. In the show, the gems are able to combine with other gems, creating what is known as gem fusions. For example, Garnet is a fusion of two gems, Ruby and Sapphire, who are so in love that they cannot stand being apart. However, Steven is a unique case, as he has a gem mother and a human father. Thus, he is not able to fuse with other gems, but he is able to fuse with humans. In the episode "Alone Together," Steven and Connie accidentally fuse together, and, after being dubbed "Stevonnie" by Amethyst, explore the town together as a fusion. What makes Stevonnie an incredibly unique case in children's media, however, is that their gender is never truly identified...
Words: 2146 - Pages: 9
...powers of self-mastery. Any new challenge, be it losing weight or sticking to your morning yoga class will be easier. Index finger: The index finger is known to palmists as the ‘mirror’ finger. It’s ruler is Jupiter and it’s about self-reflection. A big ring on the active index finger shows self-esteem issues, and a frustrated need for power and recognition. This is particularly true if there’s a large gemstone. In portraits of powerful, ruling figures, like Henry VIII, Elizabeth I and Napoleon, large rings are visible on both index fingers. Tin is the metal of Jupiter, so if you lack self-confidence, wear a ring of base metal on the index finger of your active hand to reinforce and enhance the sense of self. Ensure the ring has no gems and has flat, faceted sides (for modesty, humility and all-round recognition). You’ll feel better immediately. Visualize the kind of personal qualities you want frequently while turning the ring slowly with the finger and thumb of your other hand. Middle Finger: The middle finger is known as the ‘wall’ finger. It’s ruled by Saturn and represents psychological boundaries, lifestyle and value systems. The larger the ring and gemstone worn on this finger, the more seriously one takes life and the more one wants to fit in and feel secure. Multiple rings on the middle finger on the passive hand is...
Words: 806 - Pages: 4
... There are many options out there but I was looking for something… well… free! I stumbled upon a freeware gem called Project Pier. Surprisingly, it was very easy to setup and the GUI was simple to pick up. It comes out of the package ready to help manage multiple projects all at once. You can set milestones, set tasks, create reports, create and track tickets, write and manage wiki pages, and it comes with all the standard administration/configuration. Adding users and managing them is a breeze. It also has many configurable items such as email notifications. You can create a milestone goal for your company or project to achieve and then create a task list where you assign different tasks to different users. Each user gets notified of there tasks and given the deadlines. As tasks are completed, you can actively see the % of completion of each milestone or task. Its a true treasure to be able to see the progress your company makes day to day. The ticketing system is very straight forward. You can open tickets in categories like bug reports, enhancement requests, or defect. Each ticket gets assigned severity levels and can email notify specific individuals who will then update and close the ticket when the issue or enhancement request has been attended to. Project Pier requires Apache with PHP and MySQL database. If you need assistance with the install of Project Pier, then feel free to email me at kevin@techmeout.tv and I would be happy to assist! I have...
Words: 340 - Pages: 2
...Introduction to Economic Zones “Export else perish “ these are the words of first Prime Minister of India Pt. Jawaharlal Nehru. India being a continent like country having 30 states, more than 1000 languages and world second largest man power having diversified natural conditions right from Rain Forests of Kerala, Ice Mountains of Himalaya, Runn of Kuch to productive land of Bramahaputra has great potentials of world class export worthy products from various industries like Agriculture, Engineering, Chemicals, Software’s, Gems and Jewellry, Pharmaceuticals, Bio technology and many more. During last fifty years, mostly ours exports have been less than our imports and the balance of trade been unfavorable. In 1990-1991 India had faced real pressure on the balance of payment. During this period, exports had stagnated and there was a crisis in foreign reserves which lead to an emergency situation in India. Liberalization policy was announced in June 1991. It is the precious gift of Dr Manmohan Singh to the people of India at a time when the country was in the grip of unprecedented economic crisis and political turmoil. One of the areas in which this policy focused on was on increasing India’s export. And the trickle down effect of these reforms has lead to the advent of SEZ In this age of Globalisation, there is a need for every nation in the world to perform well economically. With the improvements in science and technology and the raising standards of living worldwide...
Words: 20206 - Pages: 81
