Why businessmen prefer current bank account
Describe why businessmen mostly wish to open current account in bank?
Expert
The businessmen mostly wish to open current account in the bank since the deposits in current accounts are payable on demand. It can be drawn upon by cheque without any limit. The banks propose overdraft facility on such deposits to business men.
Threats of SWOT analysis: • Possible threat from other banks and other financial institutions • There is always a possible threat of market fluctuations. By this we me
Illustrate a point on consumption curve at which APC = 1. Answer: APC = C/Y = 1 is possible when C = Y, that is, Consumption is
Depreciation of a currency signifies fall in value of domestic currency in terms of foreign currency. Illustration: When value of rupee in terms of US dollars falls, state from Rs. 45 to Rs. 50 per dollar, it will be a condition of depreciation of Ind
How does an internally held public debt differ from an externally held public debt?
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Commonly agreed-upon normative goals of macroeconomic policy do not include: (w) high employment. (x) price-level stability. (y) redistributing wealth through the rich to the poor. (z) economic growth. Can someone
For the firm, the major goal of profit sharing plans is to:
Explain the concept of “economies of scale” and “increasing returns”.
Most economists believe such that people increase an activity when they perceive the expected additional benefits as exceeding the expected extra cost, but decrease their level of an activity whenever they believe the benefits from the last few units of the activity a
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