On the electricity side, the country may need over 500 billion kilo-watt-hour (kwh) of energy in the year 2004-05 with a total install capacity of at least 150,000 MW (Mega Watt). If we compare these figures with the..
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It is the preservation of food in sealed containers, usually after the application of heat, through steam under pressure. During the process of canning part of the micro-organisms are destroyed and the rest are rendered inactive.
Commercial, the food preservation technique depicts the following processes: 1. Canning and Bottling 2. Machine Drying 3. Freeze drying 4. Cold storage 5. Pasteurization 6. Irradiation 7. Use of antibiotics.
The letter is like an organic being, having a head, body and tail. Business letters, unlike personal letters, have certain formalities to observe. Effective correspondence is the mainstay of any business. Successes and failures in business depend also on effective communication.
The commercial energy has great economic value. The non-commercial energy is cheaper. Commercial energy pollutes the environment badly whereas the latter is pure and keeps the environment clean.
Commercial banking is the most important part of modern banking set up. These days, the function of commercial banks are confined not only to advancing loans to the public and accepting their deposits, their contribution in accelerating the rate of economic development in under-developed and developing countries like that of India is very effective.
The main functions of commercial banks are accepting deposits from the public and advancing them loans. However, besides these functions there are many other functions which these banks perform. All these functions can be divided under the following heads:
Banks have become an essential part of economic life in every field. The development of agriculture and industry are not possible without banks. Modern trade also cannot be thought of without commercial banks.
In spite of certain similarities, the commercial banks basically differ from non-bank financial intermediaries on the following grounds. Commercial banks have the ability to generate multiple expansion of credit. The non-bank intermediaries do not have such ability.
The central bank is the apex monetary institution, which has been specially empowered to exercise control over the banking system of the country. The commercial bank, on the contrary, is a constituent unit of the banking system.