Documentary Credit means any arrangement that is irrevocable and thereby constitutes a definite undertaking of the issuing bank to honour a complying presentation
http://accountsknowledgehub.blogspot.com/
Documentary Credit means any arrangement that is irrevocable and thereby constitutes a definite undertaking of the issuing bank to honour a complying presentation
http://accountsknowledgehub.blogspot.com/
Discounting of Bills of Exchange
Bills of Exchange
Bills of Exchange Types
Discounting of B/E
B/E
Precautions While Discounting of BIlls
Precautions by Banks
Precautions by NBFCs
Discounting of Bills of Exchange
Bills of Exchange
Bills of Exchange Types
Discounting of B/E
B/E
Precautions While Discounting of BIlls
Precautions by Banks
Precautions by NBFCs
Acetabularia Information For Class 9 .docxvaibhavrinwa19
Acetabularia acetabulum is a single-celled green alga that in its vegetative state is morphologically differentiated into a basal rhizoid and an axially elongated stalk, which bears whorls of branching hairs. The single diploid nucleus resides in the rhizoid.
Embracing GenAI - A Strategic ImperativePeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...Dr. Vinod Kumar Kanvaria
Exploiting Artificial Intelligence for Empowering Researchers and Faculty,
International FDP on Fundamentals of Research in Social Sciences
at Integral University, Lucknow, 06.06.2024
By Dr. Vinod Kumar Kanvaria
Macroeconomics- Movie Location
This will be used as part of your Personal Professional Portfolio once graded.
Objective:
Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
Safalta Digital marketing institute in Noida, provide complete applications that encompass a huge range of virtual advertising and marketing additives, which includes search engine optimization, virtual communication advertising, pay-per-click on marketing, content material advertising, internet analytics, and greater. These university courses are designed for students who possess a comprehensive understanding of virtual marketing strategies and attributes.Safalta Digital Marketing Institute in Noida is a first choice for young individuals or students who are looking to start their careers in the field of digital advertising. The institute gives specialized courses designed and certification.
for beginners, providing thorough training in areas such as SEO, digital communication marketing, and PPC training in Noida. After finishing the program, students receive the certifications recognised by top different universitie, setting a strong foundation for a successful career in digital marketing.
Normal Labour/ Stages of Labour/ Mechanism of LabourWasim Ak
Normal labor is also termed spontaneous labor, defined as the natural physiological process through which the fetus, placenta, and membranes are expelled from the uterus through the birth canal at term (37 to 42 weeks
2. Power of Attorney
• A Power of Attorney is a legal document that gives
someone else the right to act on your behalf
• The term “attorney” refers to the person or persons
you have chosen to act on your behalf.
• Properly stamped
• Properly executed
• Clear not ambiguous (to supervise & deal)
• Unconditional (conditional revocation in case of cease
of employment )conditional revocation leads to
legal/operational risk
3. Power of Attorney Importance
• Revocation in newspaper
• limited powers to donor
• Donors POA/board resolution
• Expiry
• Fresh power of attorney change of ownership
4. SBP Remittances Scheme
• For facilitating the movement of funds on behalf of Banks, Govt.
institutions and own employees from one place to another place
in Pakistan.
Types
1. Online Transfers (O.T. previously TT)
2. Government Drafts (G. D)
3. Bank Drafts (B.D.)
4. MT
5. ONLINE TRANSFER (TELEGRAPHIC TRANSFER)
Who is entitled
• A scheduled bank
• Micro Finance Bank
• maintaining account with SBP BSC
Request accompanied by cheque
6. Online transfer…..
• Application is on prescribed form
• All particulars are properly filled in
• Scrutiny of cheque
• Debiting of account
• Process of transaction
• Authorization
• Amount will be credited in the account of the
beneficiary bank.
• Commission @1000 per transaction
7. Transfer of govt funds
• SBP BSC –SBP BSC
• SBP BSC-NBP
• NBP-NBP
• NBP-TREASURY
8. Government Draft
ISSUANCE AGAINST CASH ,ON BSC OFFICES
• Written request on prescribed form
• Purpose of remittance
• Signature verification and scrutiny of the application
• Affixing ACCEPT CASH Stamp on application
• Duly stamped CASH RECEIVED by cash division
• Up-dation in the system
• Authorization
• Printing
• The serial running number to drafts will be allotted 67/1...
• Signature
9.
10. Govt.Draft cont...
Issuance of draft on NBP
• GD issued on NBP is in same way like GD issued on SBP
BSC offices.
• only difference is that in case of issuance on BSC office
credit is afforded to that office. Where as in case of
issuance on NBP credit is afforded to BSC HOK.
• Advice to be issued
• NBP Branches make payments on the basis of advice
received from BSC Office
• Submit paid drafts to BSCHOK through their Head Office
• Our HOK after verifying the genuineness reimburse the
amount to NBP
11. Govt. Drafts Encashment
The draft is properly issued, viz:
• It is dated and has not become stale;
• It has been drawn on the office of the Bank at which it has been
presented;
• The amounts in words and figures agree;
• It bears the serial issue number in addition to the printed number;
• It has been signed by an officer of the issuing office who has been
authorized to sign such drafts;
• There is no notice given to the Bank stopping payment of the draft;
• A discharge receipt is given on its back by the payee whose identity
should be established to the satisfaction of the passing officer.
• the payee’s banker who should certify that the amount will be
placed to the payee’s credit on realization
• Matching particulars with system
12. Revalidation of GD/BD
• GD/BD are valid for six months and requires revalidation after six
months
• GD/BD not paid before the end of the third accounting year, after
that, in which they are issued shall be treated as cancelled
• Such drafts are not revalidated
• Presenter is directed to approach the remitter for issuance of new
draft
• New draft is issued on the production of NPC from the drawee
office .
• Duplicate must be drawn in exactly in the same terms as the
original instrument
13. Issuance of duplicate GD
• No need for fresh application
• Duplicate is issued only to the applicant or the
payee or to the legal representative of either
• If lost draft has been endorsed to payees banker
then then endorsee must apply through the original
payee
• Duplicate draft should not be issued without NPC
from drawee office.
• Duplicate must be drawn in exactly in the same
terms as the original instrument
• If the period of currency of the lost draft has expired,
the duplicate issued in lieu of the lost one should be
revalidated
14. Issuance of Duplicate BD
• Duplicate Bank draft will be issued to person not other then who apply for the
original
• A letter of indemnity
• Indemnity should be signed by the purchaser and ordinarily by two sureties
each good for the amount of the draft
• Letter of indemnity should be stamped as an agreement in accordance with
the stamp act of the province
• When ever duplicate draft is issued the word "Duplicate issued in lieu of draft
No….dated…..should be prominently subscribed in red ink under the
signature of the issuing officer
• Completed letter of indemnity should be retained on record at the issuing
office under the personal custody of officer-in-charge
15. Payment Order Account
• All local payments, on behalf of the Bank either to
the service providers or bank’s own employees are
required to be made by means of payment orders.
• The Payment Orders Account maintained in the
Globus Banking System is credited by debit to the
relevant head of account.
• Duplicate payment orders will be issued after
obtaining Indemnity Bond and Rs. 200/ will be
charged and credited to 591004…(Miscellaneous
Income)
• PO needs revalidation after six months