2. MEANING OF PUBLIC
LIMITED
A company whose securities are traded on
a stock exchange and can be bought and sold
by anyone. Public companies are strictly
regulated, and
are required by law to publish their complete
and true financial position so
that investors can determine the true worth of
its stock (shares). Also called
publicly held company. Public limited company
and its abbreviation Plc are commonly used in
the UK in the way that corporation and Inc. is
used in the United States.
3. TEN EXAMPLES OF PUBLIC
LIMITED
AIR INDIA CHARTERS
BHARAT ELECTRONICS LTD.
BRITISH INDIA CORP. LTD.
CEMENT CORP. OF INDIA
COAL INDIA LTD.
ENGINEERS INDIA LTD.
FOOD CORP. OF INDIA
GAIL LTD.
HINDUSTAN COPPER LTD.
HMT LTD.
4. MEANING OF PRIVATE LIMITED
COMPANY
A type of company that offers limited liability to
its shareholders but
that places certain restrictions on its ownership.
These restrictions are spelled out in the
company’s articles of association or bylaws and
are meant to prevent any hostile takeover attempt.
The major ownership restriction are: (1)
shareholders
cannot sell or transfer their shares without offering
them first to the other shareholders for purchase,
(2) shareholders cannot offer their shares
or debentures to the general public over a stock
exchange, (3) the number of shareholders cannot
exceed a fixed figure (commonly 50).
7. MEANING OF
GOVT.COMPANY
A public enterprise incorporated under the Indian
Companies Act, 1956 is called a government
company. These companies are owned and managed
by the central or the state government. According to
Indian Companies Act, 1956, a government company
means "any company in which not less than 51
percent of the paid up share capital is held by the
central or by state government and partly by the
central government and include a company which is a
subsidiary of government company". These
companies are registered as private limited
companies though their management and their control
vest with the government. This is a type of
organisation where both the government and private
individuals are shareholders. Sometimes these
companies are called as a mixed ownership company.
8. 5 EXAMPLES OF
GOVT.COMPANY
1 Prime Minister’s Office (PMO)
2 Ministry of Agriculture
3 Ministry of Chemicals and Fertilizers
4 Ministry of Civil Aviation
5 Ministry of Coal
9. 10 NATIONALISED BANKS
ALLAHABAD BANK
ANDHRA BANK
BANK OF BARODA
BANK OF MAHARASHTRA
CANARA BANK
CENTRAL BANK OF INDIA
CORPORATION BANK
DENA BANK
INDIAN BANK
PUNJAB NATIONAL BANK
10. 10 FOREIGN BANKS
ABN-AMRO BANK
ABU DHABI COMMERCIAL BANK LTD.
BARCLAYS BANK
BNP PARIBAS
CITI BANK
DBS BANK LTD.
HSBC LTD.
STANDARD CHARTERED BANK
STATE BANK OF MAURITIUS LTD.
11. 5 JOINT VENTURES
1. The Great Wall Joint Venture of Beijing
2. Parker Hubei Seal Corporation
3. Beijing Jeep Corporation, Ltd.
4. UTEX International Corp. of Shanghai
5. Xerox of Shanghai Limited
12. SECTORS IN INDIAN
ECONOMY
PRIMARY SECTOR : Primary sectors are
classified as those which produce or obtain the
raw materials or natural products from the land
or sea for industry.
Examples include Mining, Quarrying, Farming,
Fishing, Forestry, Potter.
SECONDARY SECTOR :The portion of an
economy producing manufactured products,in
contrast to the primary sector and tertiary
sector.
13. CONTD…
TERTIARY SECTOR : The tertiary sector of
the economy (also known as the service
sector or the service industry) is one of the
three economic sectors, the others being
the secondary sector (approximately the same
as manufacturing) and the primary
sector (agriculture, fishing, and extraction such
as mining).
14. 15 MAJOR IMPORTS OF
INDIA
ELECTRONIC GOODS
METALIFERS ORES AND METAL SCRAP
TRANSPORT EQUIPMENTS
GOLD
FERTILIZERS
VEGETABLE OIL
INORGANIC CHEMICALS
PLASTIC MATERIALS
15. CONTD…
WHEAT
METAL
PETROLEUM PRODUCTS
ORGANIC CHEMICALS
COAL
IRON AND STEEL
ELECTRONIC PARTS
16. 20 EXPORTS OF INDIA
LEATHER GOODS
MEDICAL APPLIANCES
TEXTILE GOODS
EQUIPMENTS
AUTOMOBILE COMPONENTS
ARTIFICIAL JEWELLERY
DYES AND PIGMNETS
GEMS AND STONES
FINISHED LEATHER
RICE
18. STATUS OF CURRENT
ACCOUNT OF INDIA
In today's fast-paced world, your business regularly requires
you to receive and send funds to various cities in the country.
HDFC Bank Plus Current Account gives you the power of
inter-city banking with a single account and access to more
than 1,174 cities.
From special cheques that get treated at par with local ones
in any city where we have a branch, faster collection of
outstation cheques (payable at branch locations), free
account to account funds transfer between HDFC Bank
accounts to Free inter-city cheque collection (clearing) of up
to 75 lakhs per month, our priority services have become the
benchmark for banking efficiency.
Plus Current Account requires you to maintain an average
quarterly balance of Rs. 100,000.
19. CONTD…
Current Account Balance: -$51.78 billion (2010
est.)
-$25.92 billion (2009 est.)
Definition: This entry records a country's net
trade in goods and services, plus net earnings
from rents, interest, profits, and dividends, and net
transfer payments (such as pension funds and
worker remittances) to and from the rest of the
world during the period specified. These figures
are calculated on an exchange rate basis, i.e., not
in purchasing power parity (PPP) terms
20. MEANING OF CURRENT
ACCOUNT
In economics, the current account is one of
the two primary components of the balance of
payments, the other being thecapital account.
The current account is the sum of the balance
of trade (exports minus imports of goods and
services), netfactor income (such as interest
and dividends) and net transfer
payments (such as foreign aid)
21. MEANING OF CAPITAL
ACCOUNT
In Macroeconomics and international finance,
the capital account (also known as financial
account) is one of two primary components of
the balance of payments, the other being the current
account. Whereas the current account reflects a
nation's net income, the capital account reflects net
change in national ownership of assets.
A surplus in the capital account means money is
flowing into the country, but unlike a surplus in
the current account, the inbound flows will effectively
be borrowings or sales of assets rather than earnings.
A deficit in the capital account means money is
flowing out the country, but it also suggests the nation
is increasing its claims on foreign assets.
22. CURRENT EXIM POLICY OF
INDIA
The Ministry of Commerce and Industry,
Government of India, pronounces the Indian
exim policy or Export-Import of India. This is
an attempt towards the support of foreign trade
and creation of a approving Balance of
Payments. The new EXIM policy of India,
renewed yearly on 31st of March, is pursued
from 1st April. Exim policy of India is also
known as Foreign Trade Policy, in general, it
plans at increasing export prospective,
improving export routine, encouraging foreign
trade and creating constructive balance of
payments position.
23. CONTD…
• Expansion of the DEPB scheme till May, the
next year.
• Refunding of service tax on utmost services
• Expanding Income tax benefit for EOUs.
• Expansion of FMS coverage and addition of
ten more countries including Mongolia,
Croatia, Ghana, Colombia, Albania, etc.
• Beginning of split-up facility
• Payment of expurgate duty by export leaning
units on monthly basis rather than
consignment basis.
