...obligation to protect our communities and children…what better place to start than placing a greater emphasis on not only gun control but security and mental health awareness as well. In recent years there has been a spike in gun violence and mass killings leaving a trail of broken people trying to make ends meet, why was it their child, brother, father, etc. who was shot. This increase in guns ending up in the hands of dangerous people must be addressed; something must be done in an attempt to reduce these horrific acts of violence such as the recent Sandy Hook Elementary School tragedy. The argument has been made that those who own guns typically only use them for safety and are responsible law abiding citizens. Also, the Second Amendment guarantees an individual the right to bear arms. But in an attempt to protect ourselves, our communities, and our children from tragic mass shootings Obama has devised a Gun Control Act that includes four steps that will reduce the gun violence uproar. 1. Closing background check loopholes to keep guns out of dangerous hands. 2. Banning military-style assault weapons and high-capacity magazines, and taking other common-sense steps to reduce gun violence. 3. Making schools safer. 4. Increasing access to mental health services. In no way, shape, or form will these laws end gun violence but they will make an impact on the safety of...
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...------------------------------------------------- CHAPTER 2 FORMATION AND GROWTH OF INSURANCE INDUSTRY IN INDIA * INTRODUCTION * NATURE AND CHARACTER OF INSURANCE * NEED FOR INSURANCE * FUNCTIONS OF INSURANCE * HISTORICAL BACKGROUND OF INSURANCE * TYPES OF INSURANCE * HISTORY OF INSURANCE IN INDIA * Formation of Insurance Industry in India * Nationalization of Insurance Business in India * Privatization of Insurance Industry * LEGISLATIONS REGULATING THE INSURANCE SECTOR IN INDIA ------------------------------------------------- CHAPTER 2 FORMATION AND GROWTH OF INSURANCE INDUSTRY IN INDIA INTRODUCTION Insurance is a practice by which a company provides a guarantee of compensation for specified loss, damage, illness, or death in return for payment. Insurance is a social device, to reduce or eliminate risk of life and property. Under the plan of insurance, a large number of people associate themselves by sharing risk, attached to individual. The risks, which can be insured against include fire, the peril of sea, death, incident, & burglary. The aim of insurance is to protect the owner from a variety of risks which he anticipates. Insurance is actually a contract between two parties. A contract of insurance is a contract where one person undertakes to pay another person, a sum of money or its equivalent on the happening of a specified event. And there is an agreed consideration for such undertaking. The person who seeks this protection...
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...countries defenseless to crises. A growing body of empirical literature shows these relationships. This means that to enhance economic growth, developing countries must take initiative to increase both the financial depth and diversity of their financial sectors. Banking sector is one of the most important sectors for the economy of a country. Sometimes it is called heart of the economy. Banks are the leaders of all financial services industry, where the proper functioning of the economy depends on the banking industries. Banks drive all the financial activities of certain economy. Commercial banking industry is one of the most important financial intermediaries in Bangladesh. It is playing great role to generate savings and it makes sure the proper investment of this savings in different sectors of our economy. Commercial banks are cooperating different types of business in various ways which is ensuring prosperity of business. Prosperity of business means prosperity of the economy as a whole. By now, it has been proved that literally bank is the heart of all commercial activities in Bangladesh. The number of banks in all now stands at 49 in Bangladesh. Out of the 49 banks, four are Nationalized Commercial Banks (NCBs), 28 local private commercial banks, 12 foreign banks and the rest five are Development Financial Institutions (DFIs). History of banking sector is quite recent; the development of banking sector is so great. The number of private banks increasing rapidly and it becomes...
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...A Monthly Newsletter of Indian Institute of Banking & Finance (ISO 9001 : 2008 CERTIFIED ORGANISATION) (Rs. 40/- per annum) Committed to professional excellence Volume No. : 5 Issue No. : 6 January 2013 Mid-Quarter Monetary Policy Review - 18th Dec., 2012 Monetary and Liquidity Measures q The Cash Reserve Ratio (CRR) of scheduled banks remains unchanged at 4.25% of their Net Demand and Time Liabilities (NDTL). q Repo Rate under the Liquidity Adjustment The Facility (LAF) remains unchanged at 8%. qReverse Repo Rate under the LAF remains The unchanged at 7%. q The Marginal Standing Facility (MSF) and Bank Rate stands at 9%. Growth In Q2 of 2012-13, GDP growth at 5.3% was marginally lower than 5.5% recorded in Q1. On the domestic front, GDP growth is evolving along the baseline projection of 5.8% for 2012-13. Industrial activity rose sharply in October due to a low base and festive demand, propelling the growth of both consumer durables and non-durables into double digits. Significantly, capital goods production recorded a growth of 7.5% after 13 successive months of decline. Inflation Headline WPI inflation edged down to 7.2% in November due to softening of prices of vegetables, minerals and fuel. The new combined (rural and urban) CPI (Base : 2010 = 100) inflation increased in November, reflecting sustained food inflation pressures, particularly for vegetables, cereals, pulses, oils and fats. Monetary and Liquidity Conditions Money Supply (M3) growth remained...
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...Version 1 General Certificate of Education (A-level) January 2013 Economics ECON2 (Specification 2140) Unit 2: The National Economy Final Mark Scheme Mark schemes are prepared by the Principal Examiner and considered, together with the relevant questions, by a panel of subject teachers. This mark scheme includes any amendments made at the standardisation events which all examiners participate in and is the scheme which was used by them in this examination. The standardisation process ensures that the mark scheme covers the candidates’ responses to questions and that every examiner understands and applies it in the same correct way. As preparation for standardisation each examiner analyses a number of candidates’ scripts: alternative answers not already covered by the mark scheme are discussed and legislated for. If, after the standardisation process, examiners encounter unusual answers which have not been raised they are required to refer these to the Principal Examiner. It must be stressed that a mark scheme is a working document, in many cases further developed and expanded on the basis of candidates’ reactions to a particular paper. Assumptions about future mark schemes on the basis of one year’s document should be avoided; whilst the guiding principles of assessment remain constant, details will change, depending...
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...ESSAI Volume 5 Article 34 1-1-2007 The Rise and Fall of Prohibition in America Daniel Smith College of DuPage, essai_smith@cod.edu Follow this and additional works at: http://dc.cod.edu/essai Recommended Citation Smith, Daniel (2007) "The Rise and Fall of Prohibition in America," ESSAI: Vol. 5, Article 34. Available at: http://dc.cod.edu/essai/vol5/iss1/34 This Selection is brought to you for free and open access by the College Publications at DigitalCommons@C.O.D.. It has been accepted for inclusion in ESSAI by an authorized administrator of DigitalCommons@C.O.D.. For more information, please contact koteles@cod.edu. Smith: The Rise and Fall of Prohibition in America The Rise and Fall of Prohibition in America by Daniel Smith (English 1101) n February 16th, 2007, a headline in the Chicago Tribune read in large, bold lettering: “Task Force Nabs $1.3 Million in Cocaine, Disrupts Drug Ring.” Open almost any newspaper on any given day and one is bound to find an article like this detailing the enforcement of the prohibition of marijuana, cocaine and other drugs, or gang-related crimes. The demand for black market drugs in America is alive and strong, fed by organized drug cartels from Mexico and other countries. To these drug lords, it is simple business mechanics; they have a source for their product and buyers willing to pay large sums of money for it. Even with enforcement at the borders and the occasional bust, their products continue to slip into the...
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...Table of Contents Chapter 1 Introduction & Conceptual Framework of The Study 2-4 1. Background of the Report 2 2. Objectives of the Report 2 3. Coverage of the Report 3 4. Source and Methodology of Data Collection 3 5. Limitations of the Report 4 Chapter 2 Investment Corporation of Bangladesh (ICB) 6-11 1. Background of ICB 6 2. Objectives of ICB 6 3. Business Policies of ICB 6 4. Functions of ICB 7 5. Capital Structure of ICB 7 6. Shareholding Position of ICB 8 7. Management of ICB 9 8. Share Price 10 9. Transfer of Shares 10 10. Milestone of ICB 10 Chapter 3 Organizational Features of ICB 13-14 3.1 Regulatory Framework of ICB 13 3.2 Institutional Framework 13 3.3 Manpower 13 3.4 Number of Branches of ICB 14 3.5 Training of Employees 14 Chapter 4 Functions of Various Departments of ICB 16-27 4.1 Administrative Division 17 4.2 Merchandising Division 18 4.3 Funds Division 19 4.4 Accounts and Finance Division 20 4.5 Computer Division 22 4.6 Loan Appraisal Division 22 4.7 Implementation & Recovery 24 4.8 Legal Affairs Division 24 4.9 Audits and Method Department 25 4.10 Secretary’s Division 25 4.11 Branch and Subsidiary Control Division 26 4.12 Activities of Subsidiary Company’s 26 Chapter 5 Introduction of ICB Mutual Funds 29-36 5.1 Introduction 29 5.2 What Is Mutual Fund 29 5.3 Types of...
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...Internship Report Format [This internship report is submitted in partial fulfillment of the requirement for the Degree of Bachelor of Business Administration -Major in Accounting] Prepared & Submitted by www.AssignmentPoint.com Letter of Transmittal Date: Name: Designation Address of Institution Sub: Submission of the Internship Report. Dear Sir, ................................................................................................................................................ ................................................................................................................................................ ...................................................... ...................................................................................................................... Thanking you. ………………. Name ID no. MBA Program Name of the Institution Supervisor’s Declaration ................................................................................................................................................ ................................................................................................................................................ ...................................................... ...................................................................................................
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...Click Here For Current Affair News For UPSC,IAS,SSC, Govt. Exams http://upscportal.com/civilservices/current-affairs Free Guide for SSC General Knowledge TABLE OF CONTENTS 1. History of India and The World 2. Indian Polity and Governance 3. Geography of India and The World 4. Economy 5. General Science 6. Organisations 7. General Knowledge HISTORY OF INDIA AND THE WORLD GOVERNOR-GENERALS OF INDIA (1833–58) Lord W. Bentick (1833–35): First Governor-General of India. Macaulay’s minutes on education were accepted declaring that English should be the official language of India; Abolished provincial courts of appeal and circuit set up by Cornwallis, appointment of Commissioners of revenue and circuit. • Wars: Annexed Coorg (1834), Central Cachar (1834) on the plea of misgovernment. Sir Charles Metcalfe (1835–1836): Passed the famous Press Law, which liberated the press in India (called Liberator the Press). Lord Auckland (1836–42): 1st Anglo-Afghan War (1836–42)—great blow to the prestige of the British in India. Lord Ellenborough (1842–44): Brought an end to the Afghan War. Annexation of Sindh (1843); War with Gwalior (1843). Lord Hardings I (1844–48): 1st Anglo-Sikh war (1845–46) and the Treaty of Lahore 1846 (marked the end of Sikh sovereighty in India); Gave preference to English education in employment. Lord Dalhousie (1848–56): Abolished Titles and Pensions, Widow Remarriage Act (1856). Made Shimla the summer capital. • Administrative Reforms:...
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...Chapter-1 INTRODUCTION 1.1 Background of the Study The MBA Dissertation program is a required course for the students who are completing MBA from Stamford University Bangladesh. In our economy, there are mainly three types of schedule commercial banks are in operation. They are Nationalized Commercial Banks, Local Private Commercial Banks and Foreign Private Commercial Banks. All Bank has discovered a new horizon in the field of banking area, which offers different General Banking, Investments and Foreign Exchange banking system. Globalization of the world economy for goods and services makes foreign exchange necessary for almost every citizen across the country. So I have decided to study on the topic Comparative Analysis of Foreign Exchange Activities: A case study on some selected banking companies in Bangladesh”. 1.2 Objectives of the Study: The main objective of the study is to critical evaluation of Foreign exchange dealings of all Bank In order to attain the basic objective of the study, the following are the specific objectives: * To identify the various foreign exchange activities performed by Listed Banks. * To point out factors affecting the performance of foreign exchange dealings of the studied banks. * To identify the documents used in foreign exchange activities of the sample banks. * To analyze the trend of export, import and foreign remittance of the selected banks. * To suggest in order to improve the foreign exchange...
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...PROJECT REPORT ON SMEs PROJECT FINANCING BY BANKS SUBMITTED TO: PROF. MAYANK PATEL AND PROF. RAVIRAJ GOHIL SUBMITTED BY: MRINKAL GARG 1011113076 2011-13 2012 ACKNOWLEDGEMENT This is to acknowledge all those without whom this project would not have been a reality. Firstly I would to convey my heartfelt thank to my Professors, Prof. Mayank Patel and Prof. Raviraj Gohil, who always help me by giving valuable suggestions and guidance for completion of this project. I am also very thankful to my father Mr. Vimal Garg who provide me a unique platform to fulfillment of this project and provide practical exposure to earn knowledge in the field of sanctioning procedure of bank loans and learn the problems faced by customers and bankers during the financing a project that could be done in a bank. I also want to extend my sincere thanks to “Agarwal & Co.” who’s immense support and dedicated their time toward it to sharing their knowledge in the field of finance and learn the day-to-day activities that are carried out in the CA firm. I would like to thanks to, Prof. BALA BHASKARAN (Director of Shanti Business School, Ahmadabad) who provides me this golden opportunity by giving this project. Table of Contents ACKNOWLEDGEMENT 2 EXECUTIVE SUMMARY: 4 Objective: 4 Brief Description of Project: 4 INTRODUCTION 6 Introduction of Project Financing 6 Introduction of Banking 8 SIGNIFICANCE OF THE STUDY 14 PROJECT OUTLINE FOR PROJECT FINANCE 15 ...
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...National Bank for Agriculture and Rural Development (NABARD) is an apex development bank in India having headquarters based in Mumbai (Maharashtra)[3] and other branches are all over the country. The Committee to Review Arrangements for Institutional Credit for Agriculture and Rural Development (CRAFICARD), set up by the Reserve Bank of India (RBI) under the Chairmanship of Shri B. Sivaraman, conceived and recommended the establishment of the National Bank for Agriculture and Rural Development (NABARD). It was established on 12 July 1982 by a special act by the parliament and its main focus was to uplift rural India by increasing the credit flow for elevation of agriculture & rural non farm sector and completed its 25 years on 12 July 2007.[4] It has been accredited with "matters concerning policy, planning and operations in the field of credit for agriculture and other economic activities in rural areas in India". RBI sold its stake in NABARD to the Government of India, which now holds 99% stake.[5] NABARD is active in developing financial inclusion policy and is a member of the Alliance for Financial Inclusion History NABARD was established on the recommendations of Shivaraman Committee, by an act of Parliament on 12 July 1982 to implement the National Bank for Agriculture and Rural Development Act 1981. It replaced the Agricultural Credit Department (ACD) and Rural Planning and Credit Cell (RPCC) of Reserve Bank of India, and Agricultural Refinance and Development Corporation...
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...Sumons INTERNSHIP REPORT ON “Foreign Exchange Activities” of Jamuna Bank Limited at Malibagh Branch,Dhaka Date of Submission April, 2011 STAMFORD UNIVERSITY BANGLADESH INTERNSHIP REPORT ON “Foreign Exchange Activities” of Jamuna Bank Limited PREPARED FOR .................................. .................................. ................................. ................................. PREPARED BY Lutfur Nahar ...................................... Batch: ............................... Program: BBA (Major in Finance) Date of Submission April, 2011 STAMFORD UNIVERSITY BANGLADESH Letter of Transmittal April, 2011 Md. Nur Alam Siddik Senior Lecturer Department Of Business Administration Stamford University Bangladesh Subject: Submission of Internship report on “Foreign Exchange Activities of Jamuna Bank Limited”. Sir, I am honored and pleased to have such a creative report paper which has given me immense pleasure and enhanced my educational knowledge beyond my limit. While preparing this report paper, I had the unique opportunity to deliver my ideas, thoughts, plans as well as myself. I have tried to give my best to follow your instruction, Schedule, Format and Suggestion in every step of our writing. Thanking you and expecting to get cordial acceptance from you. Sincerely yours _____________ Lutfur Nahar Id:03411502 Batch:34-D Major In Finance Stamford University Bangladesh Declaration Of...
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...Term Paper Foreign Trade Management & General Report on Janata Bank Limited Submitted to : Lecturer Habibullah Bahar College Submitted by : Arifin Ahmed Shuvo Honors 2nd Year Session : 2009-2010 Roll no : 9615167 Registration no : 1649908 Department of Management Habibullah Bahar College, Dhaka. Submission Date : 25th March, 2013 1.1 Introduction of the Study The primary purpose of this report is to get an idea about the operations of Janata Bank Limited, a second-generation bank of the country and make an industry analysis on the banking sector of Bangladesh. Banks are profit – earning concern. The ‘word “Bank” refers to the financial institution deals with money transaction. Banks collect deposits at the lowest possible cost and provide loans and advances at higher cost. The difference between two is the profit for the bank. Commercial banks are the primary contributors to the country. The revenue earning sources of banks are mainly loans and advances. The credit facility can be of two types: funded and non-funded. Funded credit can be expensive for the banks, as the bank has to pay interests. Non-funded credit includes Letter of Credit, which is the main source of income for the foreign exchange business. If a bank can increase its import and export transactions, its profit will obviously reach a higher level, as the costs are negligible. This report is an attempt to reflect the position of Janata Bank Limited...
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...MZUMBE UNIVERSITY (CHUO KIKUU MZUMBE) FACULTY OF COMMERCE PROGRAMME: MBA (CORPORATE MANAGEMENT) TASK: TERM PAPER SUBJECT CODE: BUS 5112 SUBJECT NAME: INTERNATIONAL BUSINESS MANAGEMENT NAME: MARIAM LIANA Introduction This paper explores the impact of pharmaceutical patent laws on Anti-AIDS drug, substantial controversy which has been generated around the globe on ethical grounds. Pharmaceutical patents on Anti-AIDS drug availability in the third world countries, focusing on an ethics of the Trade Related Aspects of Intellectual Property Rights (TRIPs) Agreement. It highlights the value of essential drugs and generic production in developing countries, using India, Cipla as a case study. It also explores global ways to deal with unethical grounds to TRIPs. History of Cipla, Indian Pharmaceutical Company Cipla is one of the world's largest producers of generic medicines.Cipla is one of India's top five pharmaceutical manufacturers. Although Cipla's primary market is India, the company sells its products worldwide. Cipla's lines of more than 400 drugs include anti-asthmatic, anti-cancer, anti-inflammatory, anti-depressant and anti-AIDS medications. Over the years, the company has developed strong research and marketing capabilities. In recent times, Cipla has attracted considerable media attention because of its efforts to offer AIDS drugs globally at very...
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