Discuss the measures to correct disequilibrium in Balance of Payment? 1- EXPORTS MUST BE PROMOTED AND IMPORTS RESTRICTED   If the exports ...
Briefly explains the disequilibrium in the Balance of Payment? 1- NATURAL FACTOR   Natural calamities, such as accordance of drought or fl...
What do you about Balance of Trade and Balance of Payment? Every country has to import and export goods and services. Import is the buying...
CREDIT CONTROL Central banks are the Controller of credit system in the country. It seeks to regulate the credit system in such a way as to...
STATE BANK OF PAKISTAN INTRODUCTION: Every Country must have a state bank of Pakistan. The guiding principle of State bank of Pakistan is ...
DIFFERENCE B /W PROMISSORY NOTE & CHEQUE 1. It is an unconditional promise in writing.   2. It is drawn on the creditor. 3. it ...
DIFFERENCE B /W CHEQUE AND BILL OF EXCHANGE BILL OF EXCHANGE 1. It can be drawn on an individual, institution, or banker. 2. It must be acc...
DIFFERENCE B /W PROMISSORY NOTE AND BILL OF EXCHANGE BILL OF EXCHANGE  1. A bill involves three parties:  a. Drawer,  b. Drawee,  c....
INTRODUCTION : Promissory note is a credit instrument, which is used in business commonly; it is a written promise to pay a sum of money to...
ENDORSEMENT The word endorsement has been driven from a Latin word “Endorse” means on the back. In other words: “It refers to writing of ...
BILL OF EXCHANGE INTRODUCTION: A bill of exchange is a credit instrument. Basically it is an unconditional written order of creditor (make...