Sometimes emailed remittance advice is a little less formal though, such as if it’s just used to specify which invoice a payment applies to. A sample email remittance advice from Treasury Software, a payments software provider Paper remittance advice Some businesses send paper remittance advice,...
One rule I have is that I can never sell anything in my FI Portfolio (unless it’s for rebalancing purposes). Getting back in after selling is one of the hardest things to do as an investor so I don’t ever put myself in the position to have to do that. It’s very tempting thou...
These invest in Fixed Income Securities, like Government Securities or Bonds, Commercial Papers and Debentures, Bank Certificates of Deposits and Money Market instruments like Treasury Bills, Commercial Paper, etc. These are relativelysafer investmentsand are suitable forIncome Generation. ...
Open Market Operations, what is OMO, who does it and what it means, more details about open market operations or OMO for the IAS exam economy segment; RBI does OMO in India
Collateral:The RBI doesn’t lend money without any security. Commercial banks must pledge assets like gold, bonds, treasury bills, or other collateral to access funds from the RBI. Cash Reserve Ratio (CRR):Not all the money deposited in a bank stays in the bank’s vault. Banks are require...
Debt funds or bond funds are schemes which predominantly invest in debt securities like bonds, debentures, treasury bills, commercial papers, etc., in their asset portfolios. They are comparatively safer in comparison to equity funds and are suitable for regular income generation. ...
Ans. A liquid fund primarily invests in short-term, highly liquid instruments such as Treasury bills, commercial paper, and certificates of deposit. Q12. Is a liquid fund better than a fixed deposit? Ans. A liquid fund may offer higher returns and better liquidity compared to a fixed deposit...
CGST is the final category of GST. It’s a tax levied on intrastate supplies of goods and services by the central government, and it is governed by the CGST Act. Since SGST falls under intrastate supply, it is levied in the same way, but it is now regulated by the state government. ...
The Government of India issues Treasury Bills to raise capital for up to a year, with the aim of compensating for any short-term mismatches in expenditures. Since The Government of India backs Treasury Bills, they are deemed as relatively safe investments. However, their returns rate is lower ...
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