Tag Archives | money

255 words paragraph on Money

Money is the most important and essential tool of modern economic life. One cannot imagine modern economic life without money. Barter economies or self-sufficient economies are the thing of past and historical significance. Money is the foundation stone of modern economic life.

By |2011-04-11T07:16:48+00:00April 11, 2011|Paragraphs|Comments Off on 255 words paragraph on Money

4 Essential Functions of Money

Generally, economists have defined four types of functions of money which are as follows: (i) Medium of exchange (ii) Measurement of value; (iii) Standard of deferred payments (iv) Store of value.

By |2011-04-11T07:16:48+00:00April 11, 2011|Economics|Comments Off on 4 Essential Functions of Money

Do Writers Write for Money?

Broadly speaking, writers can be divided into two classes—namely, those who look upon writing as a pure art and those who regard it as a means for well-being or reform.

By |2011-04-02T04:20:00+00:00April 2, 2011|Articles|Comments Off on Do Writers Write for Money?

Essay on Black Money in India

It is a well-recognized fact that there exists in India a parallel economy based entirely on black money transactions. Black money, also described as tainted money, has seeped into every walk of life and is posing a great threat to the stability of our real economy.

By |2011-03-25T11:54:01+00:00March 25, 2011|Essay|Comments Off on Essay on Black Money in India

What are the defects of Indian Money Market?

A well-developed money market is a necessary pre-condition for the effective implementation of monetary policy. The central bank controls and regulates the money supply in the country through the money market.

By |2010-12-29T06:39:40+00:00December 29, 2010|Banking|Comments Off on What are the defects of Indian Money Market?
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