MEANING: Currency in circulation is currency that is physically used to conduct transactions between consumers and businesses, stored in a bank, financial institution or central bank.
Currency in circulation is part of the overall money supply, with a larger portion of the overall supply being stored in savings accounts.
FACTORS:..........................................
IMPORTANCE:.......................................
MEANING: Currency in circulation is currency that is physically used to conduct transactions between consumers and businesses, stored in a bank, financial institution or central bank.
Currency in circulation is part of the overall money supply, with a larger portion of the overall supply being stored in savings accounts.
FACTORS:..........................................
IMPORTANCE:.......................................
I’m a young Pakistani Blogger, Academic Writer, Freelancer, Quaidian & MPhil Scholar, Quote Lover, Co-Founder at Essar Student Fund & Blueprism Academia, belonging from Mehdiabad, Skardu, Gilgit Baltistan, Pakistan.
I am an academic writer & freelancer! I can work on Research Paper, Thesis Writing, Academic Research, Research Project, Proposals, Assignments, Business Plans, and Case study research.
Expertise:
Management Sciences, Business Management, Marketing, HRM, Banking, Business Marketing, Corporate Finance, International Business Management
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Economics project for class 12 on money and banking. it explains all the functions about RBI and includes everything needed to achieve good marks in project work.
Dear All Investors,
Please find enclosed herewith copy of Presentation about NSEL Scam given to Shri Jayant Sinha (State Finance Minister ) on dated 07th January, 2015 presented by group of Investors.
This is for your information only
I’m a young Pakistani Blogger, Academic Writer, Freelancer, Quaidian & MPhil Scholar, Quote Lover, Co-Founder at Essar Student Fund & Blueprism Academia, belonging from Mehdiabad, Skardu, Gilgit Baltistan, Pakistan.
I am an academic writer & freelancer! I can work on Research Paper, Thesis Writing, Academic Research, Research Project, Proposals, Assignments, Business Plans, and Case study research.
Expertise:
Management Sciences, Business Management, Marketing, HRM, Banking, Business Marketing, Corporate Finance, International Business Management
For Order Online:
Whatsapp: +923452502478
Portfolio Link: https://blueprismacademia.wordpress.com/
Email: arguni.hasnain@gmail.com
Follow Me:
Linkedin: arguni_hasnain
Instagram : arguni.hasnain
Facebook: arguni.hasnain
Economics project for class 12 on money and banking. it explains all the functions about RBI and includes everything needed to achieve good marks in project work.
Dear All Investors,
Please find enclosed herewith copy of Presentation about NSEL Scam given to Shri Jayant Sinha (State Finance Minister ) on dated 07th January, 2015 presented by group of Investors.
This is for your information only
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Key Note Address delivered at "National Seminar on Demonetisation" organised by SNGIMS, Coimbatore on Feb 20, 2017. The address focused on how the recent demonetisation in India is a turnkey step in the right direction, which has to be supported by a whole ecosystem of preventive & punitive strategies with 'transaction transparency aided by the digitisation' as the central theme to achieve its desired objectives.
This Presentation will give you knowledge regarding the Demonetisation of currency of RS 500 & RS 1000 in India. It will also give the knowledge of its IMPACT, ADVANTAGES/DISADVANTAGES etc.
All the information related to the Demonetization takes place in India.That presentation will help you for related ides about demonetization.When you refer the presentation your ideas will be clear.
Demonetisation of ₹500 & ₹1000
Content
Need of the study
Introduction
In a bid to cut corruption, the Prime Minister of India, Mr. Narendra Modi has announced the ban on Rs. 1000 and Rs. 500 currency notes. What is being an unpredictable move by Modi, he announced during his special address to the nation that the currency notes of Rs. 500 and Rs. 1000 will be illegal starting mid night of 8th of November 2016. "Currency notes of Rs 1,000 and Rs 500 will be just paper with no value, " announced by PM Modi.
This move from the Indian Prime Minster is his strike against the ever increasing black money in our country. • While this announcement was met with shock and confusion by many, there are others who termed this as the Surgical Strike on Black Money. • Let us have a look at the reasons for the ban and how this can affect our economy going forward.
CONTINUED........• As the economy of India is cash based, such circulation of fake currency notes has become a menace. • So, to contain the increase in fake notes and black money, the scheme to ban Rs. 500 and Rs. 1000 currency notes has been introduced by the government.
These notes can now be exchanged for the same value of money at the RBI offices or at various bank and post offices.People can deposit their old currency till the 30th of December 2016 in their respective bank accounts. • Most of the ATMs across the nation are closed on the 9th and 10th of November and the withdrawal limit from the 11th of November is Rs. 2000 and the same would be increased to Rs. 4000 per day.
Continued….
CONTINUED…
What RBI and world bank says about Indian economy.!In the last two and a half years with the support of 125 crore Indians, India has become the “bright spot” in the global economy. It is not just we who are saying this; it is being stated by the International Monetary Fund and the World Bank.
Conclusion
Bibliography
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the what'sapp information for my personal pi vendor.
+12349014282
Abhay Bhutada Leads Poonawalla Fincorp To Record Low NPA And Unprecedented Gr...Vighnesh Shashtri
Under the leadership of Abhay Bhutada, Poonawalla Fincorp has achieved record-low Non-Performing Assets (NPA) and witnessed unprecedented growth. Bhutada's strategic vision and effective management have significantly enhanced the company's financial health, showcasing a robust performance in the financial sector. This achievement underscores the company's resilience and ability to thrive in a competitive market, setting a new benchmark for operational excellence in the industry.
Yes of course, you can easily start mining pi network coin today and sell to legit pi vendors in the United States.
Here the what'sapp contact of my personal vendor.
+12349014282
#pi network #pi coins #legit #passive income
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BONKMILLON Unleashes Its Bonkers Potential on Solana.pdfcoingabbar
Introducing BONKMILLON - The Most Bonkers Meme Coin Yet
Let's be real for a second – the world of meme coins can feel like a bit of a circus at times. Every other day, there's a new token promising to take you "to the moon" or offering some groundbreaking utility that'll change the game forever. But how many of them actually deliver on that hype?
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.
Understanding how timely GST payments influence a lender's decision to approve loans, this topic explores the correlation between GST compliance and creditworthiness. It highlights how consistent GST payments can enhance a business's financial credibility, potentially leading to higher chances of loan approval.
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the what'sapp contact of my personal pi merchant to trade with.
+12349014282
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the what'sapp contact of my personal pi merchant to trade with
+12349014282
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the what's app number of my personal pi vendor to trade with.
+12349014282
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 what'sapp number.
+12349014282
4. CONTENT
• WATH IS THIS?
• WHY IT REQUIRES
• HISTORY OF DEMONETISATION
• HOW IT HAPPENS
• WHY SO RUCKS IN COUNTRY
• ADVANTAGE
• IMPACT
5. WHAT IS THIS
• Demonetization is process of discontinuing of
current currency units and replacing those
currency units with new currency units.
6. WHY WERE THE NOTES DISCONTINUED?
• TO END THE CIRCULATION OF “FAKE INDIAN
CURRENCY NOTES”
• TO COMBAT THE BLACK MONEY.
7. HISTORY OF DEMONETISATION
• 12 Jan 1946, TOTAL ISSUE = RS. 143.97 CRORES
(high denomination) WHEREAS,
TOTAL EXCHANGED = RS. 134.9 CRORES.
• THUS, ONLY RS. 9.07 CRORES WERE PROBABLY
‘DEMONETIZED’. MORE OF “CONVERSION”, THAN
“DEMONETIZATION”.
• NOTES OF DENOMENATION 1000 AND 10000
WERE WITHDRAWN AND 1000, 5000 AND
10000 WERE INTRODUCED.
8. • 16 Jan 1978, Finance Minister H.M. Patel,
Janata Party coalition government had again
demonetized bank notes of 1000, 5000 and
10000 rupee, as a means to curb counterfeit
money and black money. BUT IT WAS A FAILURE
• 8th November 2016,
9.
10. HOW IT STARTS
• Anil bokil founder of economical idealistic
NGO was behind all this scene, Instead of
meeting PM first, he met Rahul Gandhi and
given this idea to him first
• But Rahul didn’t gave any attention and
meeting adjourn in 15 seconds only.
• Mr. Bokil took appointment of PM for 10
minutes. But in fact this meeting continued for
more then 2 hours and proposed….
11. • Demonetization of tenders of Rs. 500 & Rs.
1000.
• Not to issue of any new currency notes, higher
the Rs. 100
• Revoke the complete tax system and just
impose a 2% transaction charges on Payments
higher then 1 lakh.
12. • TOTAL 03 NOS OF NOTIFICATION ISSUED ON
08 NOV
• Existing Rs 500/- and Rs 1000/- notes ceased
to be legal tender AND Old notes, up to Rs.
4,000/- can be exchanged at banks until
December 30, 2016
• Exceptions list, where the old notes can be
used
• Introduction of a two thousand rupee note.
13. Q. Why did the RBI print Rs. 2000 note first?
Ans. Total demonetized amount
6.32 billion notes = Rs 1000
15.7 billion notes = Rs 500
Since Rs 1000 notes being replaced by Rs 2000
notes, then
6.32 billion/2 = 3.16 billion notes of Rs
2000 denomination
14. • Total notes to be printed = 3.16billion + 15.7
billion = 18.86 billion notes
• India has four currency printing presses
Dewas and Nashik = Government’s
Security Printing and Minting Corporation of
India Limited (SPMCIL)
Mysuru and Salboni = RBI’s Bharatiya
Reserve Bank Note Mudran Private Limited
(BRBNMPL) has two more factories
15. • SPMCIL printing capacity = 44 billion notes/
day
• BRBNMPL printing capacity = 65 billion notes/
day
• Total = 109 billion notes
• Printing begins after Urjit Patels taking over of
office i.e. from 07 sept
• 62 days * 109 billion notes/ day = 6.76 billion
notes till Nov 07
16. • Just 1/3 of 18.86 billion notes get printed.
• Realizing this constraint, government decided
to print the Rs 2,000′s first since at least in
value terms , Rs 6.3 lakh crore printed by
November 7
• 40 percent of the cash removed in value terms.
• Also, Rs 2,000 notes are logistically easy to
transport.
17. • But, both RBI and government miscalculated is
the ATMs were not re-calibrated and, more
importantly, the Rs 2,000 notes were
worthless for transaction.
18. WHY SO RUCKUS IN COUNTRY
• Previous demonetization, percentage of the
demonetized currency in the economy was
around 5–7 ℅ only, aggregate value is Rs 55
crores.
• But this time, around 86℅ currency
demonetized, aggregate value is approx Rs
14,00,000 crores.
19. ADVANTAGE
• Large sums of cash on which no income tax has been
paid (black money) and FICN is out from circulation.
• People disclosing their black money by depositing in
bank accounts, government gets a good amount of
tax revenue
• The Maoist and terrorists sitting over black money /
FICN are in fix.
• The Hawala industry collapsed .
20. • The Pakistan sponsored machinery of printing of fake notes
destroyed .
• Free and fare elections as only white money plays and also
less election spendings.
• They can not invest on others name as (Benami transaction
act) if any will be forfeited by Government
• Ending educational mafias hefty donation for admission.
• No dowry
21. • Smugglers, anti social element find it difficult to carry out any
illegal activities , as money will leave an evidence for cops.
• Money Would Not Be Available To Bribe The Currupt Officials.
• The Foreign Investment Will Increase And The
Demonetization Will Be Followed By Tax Simplifications.
• The banks and financial institutions will be flush with money,
interest rates goes down, capital will be available at cheap
rates.
22. IMMEDIATE IMPACT
• Heavy Deflation
reduce the total currency circulation in
economy - leading to deflation. Deflation
increases the value of money that we have
because the total money supply goes down but
the commodities and things available in the
market have not gone down.
23. • lead to Inflation (not overnight)
lot of people who have a lot of cash, legally
earned, which they will deposit it in the bank.
Now the bank with more deposits can do more
loaning. Credit (loans) will become easier and
interest rates may come down. More loans given
out increases broad money supply and creates
inflation. But this will happen slowly, not over-
night.
24. • WHAT HAPPENS TO NOTES WHICH ARE NOT
RETURNED TO BANKS
• These Currency will be deemed as waste past
31/12/16 or 31/03/17, thereafter the
equivalent New currency takeover the same
and will be a state property as Gold Guarantee
is already there for proportionate Un-
deposited old currency.
• It would be a win-win for Govt.
25. EVASION ATTEMPTS
• Gold purchases
• Donations
• Multiple bank transactions
• Railway bookings
• Municipal and local tax payments
• Backdated accounting
26. PROBLEMS
• WEDDING SEASON
• CULTIVATION SEASON
• UNPREPARED BANKS / ATM’S
• LONG QUEUE FOR SMALL DENOMINATION
EXCHANGE / WITHDRAWL
• INITIALLY NO MECHANISM FOR ELDERLY PPL AND
WOMENS
• AGAIN AND AGAIN WITHDRAWAL BY SAME PPL
27. MEASURES
• BANKING CORROSPONDENTS LIMIT OF HOLDING
CASH
• ATM’S RECALLIBERATED ON WAR FOOTING
• POSTAL NETWORK ALSO UTILISED
• HAND HELD MICRO ATM DEPLOYED
• CASH WITHDRAWAL FROM EARMARKED PETROL
PUMP
• WITHDRAWAL LIMIT ENHENCED 20000 TO 24000
RS
• CURRENT AC HOLDERS LIMIT UPTO 50000 RS
28. • SUBSIDIESED RATE FOR AGRO PRODUCTES
• E PAYMENT IMPLEMENTATION BY GOVT AGENCIES
• TX CHARGE ON USE OF ATM WAIVED OFF
• SEPARATE QUEUES IN THEIR BRANCHES FOR SENIOR
CITIZENS
• PENSIONERS ANNUAL LIFE CERTIFICATE DEPOSITION
EXTENDED UP TO 15 JAN 2017.
• TIME LIMIT FOR EXCEPTANCE OF OLD NOTES
EXTENDED UPTO 15 DEC
• DEPOSITION OF OLD NOTES IN BANKS UPTO 30 DEC
2017