What is Depository? A depository is an organisation that holds securities (like shares, debentures, bonds, government securities, mutual fund units etc.) of investors in electronic form at the request of…
What is Financial Markets? Financial Market refers to a marketplace, where the creation and trading of financial assets, such as shares, debentures, bonds, derivatives, currencies, etc. take place. It plays…
Security analysis is the analysis of tradeable financial instruments called securities.
The expenditure cycle is concerned with the acquisition of fixed assets, raw materials, or manufactured components and the use of employee labour to yield a finished product.
Effect of Public Debt These are effects of public debt which we discussed in detail below: Revenue Effect Expenditure Effect Revenue Effect When money is taken from the public by…
What is Federal? Federation may be defined as a form of political association in which two or more states constitute a political unity with a common government but in which…
Classification of Public Debt Economists have divided debt on the basis of use, target, time limit and terms of payment. The different types of public debt are following: Internal and…
What is Public Debt? Public debt is a source of collecting income by state. Public or local debt is the debt the state collects from the citizens of other countries.…
What is Public Expenditure? Public expenditure refers to the expenses incurred by the government for the maintenance of the government and to preserve the welfare of society as a whole.…
What is Public Finance? Public finance is the branch of economics. It is made of two words as public and finance. The term public means government and finance mean the…
