What is Depository? System, Constituents, Functions, Securities

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…

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What is Public Debt? Definition, Methods, Difference, Objectives, Advantages, Disadvantages, Causes, Classification

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.…

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Public Expenditure: Causes, Effects, Causes of Public Expenditure

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.…

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