Basically there are two basic categories on the basis of functioning of MCB Bank, which are Principal function Auxiliary function The principal functions are basically the core functions of the bank that is their lifeblood of bank I-e. Acceptance of deposits Investments Discounting of bills There are basically two types of deposits and their nature … Read more

As I see it flat roof can be of little use and more problematic because its only useful for utilizing space of roof other wise it has lots of problems attached to it.I will discuss some disadvantages below. Waterproofing must and complex in flat roofs. It is must because water does not slide from flat … Read more

A flat roof is basically horizontal roof which is the second option to slopped roof.One should keep in mind when opting for flat roof that it should be made of such material which allows water to flow freely because in rains it can create problems if the rain water stays on roof leakage and different … Read more

Hi there,Well accounting equation is an accounting term where a relation between assets, liabilities and equity is drawn and these are the main components of accounts as well.In accounting equation we say for every debit there is a credit means for every entry we look at two aspects.Means single entry but it has impact on … Read more

Hi,Well double entry system is one of the most valid and secure accounting system and its has lots of advantages and very little disadvantages.Well the advantages of double entry system can be the following. First of all if you have double entry system and your accounts are up to date then you can easily make … Read more

Hi,You seem to be doing work in accounting. Well double entry system is used in accounting.The double entry book keeping is basically a system of recording where one transaction having two different aspects are recorded,One who gets the benefit and the other one who gives the benefit. Like for example when you pay some money … Read more

Well human is a social animal. There was a time when there was no concept of currency and people used to live in caves and jungles. Hunting and harvesting were two main sources of food and no other needs were looked after. With passage of time humans started interacting with each other and community life … Read more

What's the nature of a bond? Well bonds are basically a sort of securities which earn you interest and capital in the end. A bond has a face value which is the price of the bond also.Some times a bond may be sold above the face value called bond sold at premium and it can … Read more

Well all three are forms of securities which banks take against loan which they provide to customers or simply when banks finance people.There are basically two types of loans funded facility and non funded facility. The three securities are forms of collateral.Now mortgage is when a customer hands over the original documents of his property … Read more

Well your asking the importance of back bone of the economy of any country.Personally am also doing masters in Banking and Finance.I believe banks can make an economy strong and they are just in economy as there is back bone in human body.Japan a very good example had stagnant economy and the growth in short … Read more

Forward exchange rate or forward contract as it is called is basically a commitment legally binding two parties in a forward contract where the two parties the buyer and the seller agree to exchange currencies at a fixed rate. Normally this rate is higher that the rate in the market which is present rate also … Read more

Hi, Well as I perceive it that there is no full form of success but one can be near that with persistent hard work. Now hard work should be directed towards the right direction cause hard work with no direction is useless. As for career is concerned there are few basics one must keep in … Read more

Well this is commonly sought question these days cause this is a problem faced by people of every part of globe. Basically the recent developments in technology has accelerated overall development in every field and with very short time things which seemed to be considered impossible are now the usual things. Our parents lived in … Read more

Thats a very good question you have which is really talked about these days. I personally believe friendship is far more important than love. Now its not matter of choice I think but its matter of logical thinking. Loving someone can really some time make you sacrifice a lot of things and with passage of … Read more

Hi, Well my first ever job was in my uncle's firm and that was also my first work experience. When we are in classes teachers tells us that practical life is way different from books so better get some experience by doing part time jobs. Yes normally they are right, cause practical experience helps you … Read more

Hi, Good question. I think its a fair chance for me to explain my strengths. Strength can be mental, physical, emotional, intellect and many more. Now the question is about my strengths. First of all I believe that I have very good presentation skills and this is not just my perception about myself but lots … Read more

Effective communication is very important for good career no doubt about that but you question is how? First of all look around you the fields and jobs which you can use as options for your career. You will find lots of answers cause there are so many fields and with advancement of technology new and … Read more

Lots of people complain of short memory. It is sometimes genetic but that factor is very low and other major factors are drugs, bad routine, less sleep no reading habits and people who hardly do any exercise. Drugs is one major factor which even includes smoking. People consuming drugs always face this problem as drugs … Read more

Hi.Well I think solution to your problem is very simple. I had the same problem you are facing now,plus Ialso didn't want to follow any diet or something cause those things get you mentally stressed and your focus on other important things in your live moves to petty things. I think the best solution which … Read more