Money Banking & Finance

Remedies/Control of Inflation

The steps taken to manage inflation could be classified into followings: ·      Monetary measures ·      Fiscal measures ·      Other measures Monetary measures Method of getting money: The control over money supply is a powerful method to manage inflation. If you have inflation it may be control by reducing method of getting money utilizing the tools of monetary policy. Credit control: ...

Read More »

Causes of Inflation or Factors behind Inflation

Factors behind inflation Inflation is principally of two forms Demand draws inflation: Demand draws inflation happens when there is an over-all increase in price level due to increase in blend need for goods. Price presses inflation: Price push inflation happens where there’s an increase in the prices due to increase in rate of production. Factors behind need pull inflation Following will ...

Read More »

Inflation – Types of Inflation

Inflation is a procedure by which the purchase price level is increasing and the money is dropping its value. Inflation happens when volume of money in circulation increases beyond the requirements. Types of Inflation Inflation can be categorized on the following base On the basis of charge of inflation: Following will be the kinds of inflation on the bases of ...

Read More »

Types, Advantages and Disadvantages of Paper Money

Paper money is the most advanced type of money. It fulfils almost all the qualities of good money, because it is economical, easily recognizable, portable and storable. It can be classified into representative convertible fiat money Now a days majority of paper currency is fiat money. Different authors have defined paper profit the following words. In words of F.Perry: Paper money ...

Read More »

Qualities / Characteristics of Good Money

A good money material must possess following qualities General Acceptability: A great money material is the one that I generally acceptable by all without any hesitation. This means that any one will be willing to just accept it as a mean of payment and in the discharge of any obligation. Recognizable: Good money is one that can be easily acknowledged ...

Read More »

What are the forms/types/kinds of money?

There are lots of types of money. Following are the key types of money. 1. metallic money 2. paper money 3. bank money 4. legal money 5. plastic money 6. near money Metallic money: The money made of a typical metal such as gold, silver etc is called metallic money. It is operational available as coins. In this country the coins of ...

Read More »

Money and Features of Money

Various writers have defined money in other ways, some has described it in narrow sense and some has described it in broader sense. A number of the explanations are as below: Explanation: Based on Ely: Any thing that passes easily from hand to hand as a moderate of exchange and is generally received in final discharge of debts. In phrases of ...

Read More »

How Money Solved Problem Of Barter System?

How Money Solved Problem Of Barter System? Revenue series: The use of income removed the problem of tax collection. When tax is collected in the shape of income only then your government can utilize it for the growth projects. Ease of borrowing and financing: The money has removed the inconvenience of potential payments. Today the loans could be obtained from ...

Read More »

Barter System and its Defects

The primary change of one thing or service for another without use of income is called barter system. So a barter system is that in which no income exists. It is income less economy. Explanation: According to G. Nomas: “Barter system is a form of trading in which things are traded right for different things without the use of income ...

Read More »

© Copyrights 2014. All rights are reserved www.latestcontents.com