,
customer accounts in a bank
,
banking accounts in bangladesh
,
cons of current account
,
procedure to open an account
,
current account
,
pros of savings account
,
pros of fixed deposit
,
recurring deposit
,
fixed deposit
,
cons of fixed comparisondeposits
,
pros of recurring deposit account
This PPT describes about function of banks. There are two types of functions:- primary functions and secondary functions. Primary function of a bank are also known as banking functions. They are the main functions of a bank. Primary function is further divided into two parts:-accepting deposits and lending loans. Secondary function of a bank performs a number of secondary functions, also called as non-banking functions. Secondary function includes:-Merchant Banking, Leasing, Mutual funds, Venture Capital (VC), ATM, Telebanking, Credit cards,Locker Service, Underwriting, BCSBI. For more information please go through the slide:-
Recurring account is an account where the depositor deposits fixed amount of funds at regular intervals of time. Here is PowerPoint presentation that covers where to open a recurring account, its advantages and eligibility. Read this presentation to know more!
Usually, a current account is opened for commercial or business purposes and is a form of demand deposit from which the holder can withdraw money any number of times or upto an agreed amount. Opening a current account is a risky proposition for the banks. For instance, if the bank makes an overdraft by mistake, then the bank has to bear the loss if it is unpaid. There is no restriction to the amount deposited in the current account. This form of account is liable for transaction tax especially if the individual or a Hindu Undivided Family (HUF) withdraws Rs 50,000 in cash on any single day. Similar tax is also levied on a corporate entity if the withdrawal is Rs 1,00,000 and above. Although no interest or countervailing interest is payable on a current account however banks are entitled to pay interest to the account of a regional rural bank or the account of a deceased individual. As far as nomination is concerned a single depositor can make nominations while nominations cannot be made by incorporated entities or other trade bodies. With respect to current accounts there are several prohibitions placed on the banks. For example, the bank cannot lure the depositors by announcing prizes or attractive lottery schemes. Similarly, banks also cannot pay brokerage or gifts to agents for deposits placed at the bank.
This PPT describes about function of banks. There are two types of functions:- primary functions and secondary functions. Primary function of a bank are also known as banking functions. They are the main functions of a bank. Primary function is further divided into two parts:-accepting deposits and lending loans. Secondary function of a bank performs a number of secondary functions, also called as non-banking functions. Secondary function includes:-Merchant Banking, Leasing, Mutual funds, Venture Capital (VC), ATM, Telebanking, Credit cards,Locker Service, Underwriting, BCSBI. For more information please go through the slide:-
Recurring account is an account where the depositor deposits fixed amount of funds at regular intervals of time. Here is PowerPoint presentation that covers where to open a recurring account, its advantages and eligibility. Read this presentation to know more!
Usually, a current account is opened for commercial or business purposes and is a form of demand deposit from which the holder can withdraw money any number of times or upto an agreed amount. Opening a current account is a risky proposition for the banks. For instance, if the bank makes an overdraft by mistake, then the bank has to bear the loss if it is unpaid. There is no restriction to the amount deposited in the current account. This form of account is liable for transaction tax especially if the individual or a Hindu Undivided Family (HUF) withdraws Rs 50,000 in cash on any single day. Similar tax is also levied on a corporate entity if the withdrawal is Rs 1,00,000 and above. Although no interest or countervailing interest is payable on a current account however banks are entitled to pay interest to the account of a regional rural bank or the account of a deceased individual. As far as nomination is concerned a single depositor can make nominations while nominations cannot be made by incorporated entities or other trade bodies. With respect to current accounts there are several prohibitions placed on the banks. For example, the bank cannot lure the depositors by announcing prizes or attractive lottery schemes. Similarly, banks also cannot pay brokerage or gifts to agents for deposits placed at the bank.
Define conflict and conflict behavior in organizations
Distinguish between functional and dysfunctional conflict
Understand different levels and types of conflict in organizations
Analyze conflict episodes and the linkages among them
Explain why conflict arises, and identify the types and sources of conflict in organizations.
Describe conflict management strategies that managers can use to resolve conflict effectively.
Understand the nature of negotiation and why integrative bargaining is more effective than distributive negotiation.
,managing conflict ,politics ,and negotiation
,
capital budgeting
,
concept of capital budgeting
,
the capital budgeting process
,
significance of capital budgeting
,
classification of investment project proposals
,
techniques of capital budgeting
,
types of project
basic organization of computer
,
input unit
,
output unit
,
storage unit
,
arithmetic logic unit (alu)
,
computer codes
,
computer for organization
,
business communication
,
payroll system
,
management information system
operating system
,
os
,
what is an os?
,
types of os
,
logical architecture of a computer system
,
basic task perform by os
,
task switching
,
utility software
,
main functions of an os
,
ddata communications and computer networks
,
basic elements of a communication system
,
coaxial cable
,
star network
,
data transmission media
,
ring network
,
hybrid network
,
completely connected network
,
multi-access bus network
,
network linking devices
,
network interface card (nic)
International Business basic concept of international business
,
approaches to international business/ modes of ent
,
barriers to international business
,
absolute advantage and comparative advantage
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
Seminar: Gender Board Diversity through Ownership NetworksGRAPE
Seminar on gender diversity spillovers through ownership networks at FAME|GRAPE. Presenting novel research. Studies in economics and management using econometrics methods.
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
2. BANKING ACCOUNTS IN
BANGLADESH
In BD, banks usually have four major types of deposit accounts
– Current Account, Savings Account, Recurring Deposit and
Fixed Deposit.
Recently banks have also introduced combining features of
these accounts as per customer and market requirements. But
still these accounts are not popular among the public and the
traditional four accounts are considered above all.
Banking
account
Current
Account
Savings
Account
Recurring
Deposit
Fixed
Deposit
3. PROCEDURE TO OPEN AN ACCOUNT
• Receiving duly-filled-in account opening form
• Obtaining two copies of photograph and Identity as citizen
of country such as TIN, NID, Passport and Nationality
Certificate.
• Obtaining introduction or reference and following it up
• Obtaining specimen signatures
• Obtaining mandate
• Receiving initial deposit
• Opening customer’s account
• Handing over the pay-in slip book, cheque book and pass
book
4. CURRENT ACCOUNT
Current accounts are usually for businessmen and
daily transactions. It doesn’t serve a purpose of saving
your investments.
The transaction facility to this account is so flexible that
you can make innumerable transactions in a day.
Hence, the banks don’t pay any interest on your
invested amount but it charges certain service charges
on such accounts.
5. FEATURES
• An account generally opened by business people for convenience.
• Money can be withdrawn and deposited at any time.
• Withdrawal is possible only by means of cheques.
• Banker generally does not allow any interest on this account.
• Two basic privileges which customers can enjoy are :
- Overdraft facility.
- Other facilities like collection of cheques, transfer of money and
rendering agency and general utility services.
6. •Banker charges interest on overdraft on day-
to-day basis.
•Current account holders must keep a
minimum balance of Rs. 5000/10000 to keep
the account running(varies according to
Banks)
•If this minimum is not maintained, charges
would be charged periodically (varies
according to Banks)
•Bank sends “Statement of Account” to
customers every month.
•As deposits here are to be paid on demand,
7. PROS OF CURRENT ACCOUNT
• Easy, fast access to your funds
• Fast, easy and charge-free transfers of funds for bill payments
• Package accounts provide additional money-saving benefits
• Overdraft facilities
• Electronic payment facilities
• Cheque book facility for cashless payments
• Specialized accounts for different customer groups; increasing
the likelihood of good-value services
• Management of regular payments
• Online, electronic management of money available
• Access to money abroad without the need to exchange cash
8. CONS OF CURRENT ACCOUNT
• Usually low interest rates
• Special services may incur heavy charges
• Security of electronic transfer and card
payments can be compromised
• Paperwork and terms and conditions can be
confusing and time-consuming
• Large corporate businesses may pay large fees
on transactions
• Losing a card can restrict access to funds
• Chance of fraud when using internet banking
9. SAVINGS ACCOUNT
Savings Accounts are the
most popular kind of individual
accounts for personal purpose
of saving your investments
and getting interest rates.
Savings account provides
cheque facility along with
flexibility for deposit and
withdrawal of funds from your
account.
10. FEATURES
• Meant for Small Savers primarily.
• Restrictions on withdrawals.
• Minimum balance Rs 500- Rs 1000 – this varies
with different banks; Rs 10000 for ICICI, HDFC Etc..
• Interest on deposit.
• No overdraft facility. It can be sanctioned though.
• ATM cards available, net banking and mobile
banking facility available.
• Cheques collected on this account.
11. • Nomination facility available.
• Letter of introduction required to open an
account.
• Fulfilling of KYC norms.
• SB facility available with Post Office.
• Account can be closed after one year. Incase of
early closure, a service charge of Rs. 100 will be
12. PROS OF SAVINGS ACCOUNT
• Saving account encourages savings habit among salary
earners and others who have fixed income.
• It enables the depositor to earn income by way of saving
bank interest.
• Saving account helps the depositor to make payment by
way of issuing cheques.
• It shows income of a salaried and other person earned
during the year.
• Saving account passbook acts as an identity and residential
proof of the account holder.
13. PROS OF SAVINGS ACCOUNT
• It provides a facility such as Electronic fund transfer
(EFT) to other people's accounts.
• It helps to do online shopping via facility like internet
banking.
• It aids to keep records of all online transactions carried
on by the account holder.
• It provides immediate funds as and when required
through ATM.
• The bank offers number of services to the saving
account holders.
15. FIXED DEPOSIT
• Fixed deposit (FD) is a financial instrument
where a sum of money given to a bank,
financial institution or company whereby
the receiving entity pays interest at a
specified percentage for the time duration
of the deposit. The rate of interest paid for
fixed deposit vary according to amount,
period and from bank to bank. At the end of
the time period of the deposit the amount
that is originally given is returned to the
investor.
16. FEATURES
• Repayable after the specific time period.
• Emergency Closure.
• Penalty.
• Interest payable.
• Possibility of monthly payment.
• Nomination Facility.
17. PROS OF FIXED DEPOSIT
• Fixed deposit encourages savings habit for a
longer period of time..
• Fixed deposit account enables the depositor to
earn a high interest rate.
• Safety of your future
• Risk free
• The bank can lend such funds for short term
loans to businessmen.
18. CONS OF FIXED
DEPOSITS
• Protection against inflation.
• Withdrawing funds
• The risk factor
• Income tax.
19. RECURRING
DEPOSIT
Recurring deposits also known as RD accounts
who wish to invest an average amount of their
savings on a monthly basis. These accounts gain
interest on the amount available in your account.
This account is specially designed for the working
public who don’t want to invest a large amount at
one instance.
20. FEATURES
• The main objective of recurring deposit account is to
develop regular savings habit among the public.
• In India, minimum amount that can be deposited is
Rs.10 at regular intervals.
• The period of deposit is minimum six months and
maximum ten years.
• No withdrawals are allowed. However, the bank may
allow to close the account before the maturity period.
• The bank provides the loan facility.
21. PROS OF RECURRING DEPOSIT
ACCOUNT
• Recurring deposit encourages
regular savings habit among the people.
• Recurring deposit account holder can get
a loan facility.
• The bank can utilize such funds for lending to
businessmen.
• The bank may also invest such funds in
profitable areas.
• No TDS is applicable on recurring deposits.
22. CONS OF RECURRING DEPOSIT
ACCOUNT
• You cannot withdraw the money anytime you wish
• You cannot change the amount you like to invest
monthly once decided.
• It has a comparatively lower rate of interest.
23. COMPARISON
POINT OF
COMPARISIO
N
•Purpose
•Ideal for
•Over Draft
•Interest
Rates
•Minimum
Amount
CURREN
T
ACCOUN
T
•Many transaction
•Business person
•Allowed
•Normally, no
interest is paid
•Higher amount
SAVINGS
ACCOUNT
• To encourage
saving
•Salaried person
•Not Allowed
•4% - 6%
•Less amount
24. COMPARISON
FIXED DEPOSIT
• Money deposited only
once
• Can be opened for a short
period
• Minimum deposit required
is more
• Higher rate of interest
• Withdrawal can be done
through surrender of fixed
deposit receipt
RECURRING
DEPOSIT
• Money deposited several
times
• It is generally opened for
a few years
• Minimum deposit required
is less
• Slightly lesser rate of
interest
• Withdrawal can be done
through surrender of pass
book