Central Park

1 Task 1 1.1 1.1.1 Introduction to the National Development Bank PLC( NDB) The National Development Bank PLC ( NDB Bank) is a banking as well as financial institution of Sri Lanka, NDB is headquartered in Colombo, Sri Lanka (at No 40, Nawam Mawatha, Colombo 2). NDB begun its operations in1979 as a state-owned development of finance institution. NDB was set up by Sri Lanka Act No 2 of 1979 as “National Development Bank of Sri Lanka” In January 1979 as a wholly state owned institution. In 1993…

Fiscal and monetary police are two of the most powerful tools that impact a nation’s economic activity (Investopedia 1). Fiscal policy is defined as the government spending and taxation that influences the economy. Central banks use monetary policy to change the money supply and either stimulate faster growth of an economy, or slow it down due to risks such as inflation. Both policies have their share of similarities and differences, and are vital in the United States economy. It is still…

Whether we like to admit or not, there are two sides to every coin. A head and a tail, a good and a bad. The same can be said for societies. For every utopia, there’s a dystopia lurking underneath that perfection. This is especially true in the society, Oceania, in George Orwell’s book, “1984.” In an attempt to to acquire perfect peace, equality, and compliance throughout their society, they government went through a huge “reform” into a communist society with very little of the freedoms we call…

Ghosh, Saibal & Saggar, Mridul (1998), in the paper “Narrow Banking: Theory, Evidence and Prospect in India” examined the narrow banking in India and asserted that an increased presence of NPA forced banks to select tactics to reduce risk by investing in safe and liquid assets. It is observed based on the analysis that the narrow banking may expose weak banks to immense market and interest rate risk and thus makes it vulnerable to idiosyncratic and systematic risks arising from macroeconomic…

JPMorgan Chase is an American multinational bank and holding company. That provide the financial services to different sectors of the country. Headquarter of the bank in in New York City. This bank is the largest bank of United States that extends its operations in different cities of the state. By comparing its assets with the all the banks of the world, this ban ranks in 16th position. In United States it is considered to be the major provider of the financial services in the whole country.…

1. Do you know that there is a difference in gold coins and jewellery? Some of them actually have more worth when melted down as compared to their counterparts. Members of American Numismatic Association can help you know the difference. 2. Purity of gold jewellery can be tested using an acid/scratch test, an electronic tester, or an X ray fluorescence scan. A Karat stamping may not just be enough to ensure the purity of the jewellery. 3. Do you know that unlike the stocks, the prices of Gold…

considered by some scholars to have been “the greatest of centuries”, in truth to some notable cultural highlights of major importance. During this time period arose to the world, the nomadic peoples of Central Asia, the Mongols. The Mongols conquered places in Russia , Northern China, Persia and Central Asia. Yet in their triumphs the Mongols were and still are classified as the most barbaric of the “barbarians” to have ever reigned over the world, because of the way in which they obtained…

Neutrality of Money: A Criticism Neutrality of money is a widespread if rather flawed assumption which underpins much of mainstream macroeconomics. Political economists disagree with this assumption due to the endogenous nature of monetary supply, encompassing reverse causation and exogenous interest rates. It would be inappropriate to discuss neutrality of money or the rejection thereof without first discussing money itself. At its most basic, money is something deemed by an economy to…

For almost all of the last 1200 years, Central Europe has been a multiethnic space governed by overlapping political entities. We usually don 't think of it that way, because the Cold War created a new dichotomy o (advanced, democratic) Western Europe and (feudal, primitive, totalitarian) Eastern Europe, even though Vienna is about 150 miles southeast of Prague. Even before the Cold War, Central Europe had gotten a bad rap, since historians touted the nation-state as the teleological endpoint of…

On September 11, 2001, the United States and many of its citizens became eager for revenge on Osama Bin Laden and the Taliban. As an effect of losing nearly three thousand American lives, President George W. Bush signed and enacted a joint resolution, allowing him to “use force against those responsible for attacking the United States,” on September 18, 2001 (“U.S. War in Afghanistan”). Only a week after the heart-breaking attacks, the nation widely supported what would turn out to be the most…