The Predominant Mandate Of Central Banks Essay - 748 Words

The predominant mandate of central banks is to deal with inflation and keep the financial system stable under any circumstances (Ortiz, 2009), and the central banks handling the monetary policy through popular instruments are the only body who are responsible for doing so. Handa (2009) lists six most important instruments that central banks have used to run the money policy. These tools have been historically developed along with the vicissitudes of the central banks during the growth of the international financial system. 3.1.3.1. Open-market operations The main activity of this tool is that the central banks purchase and sell marketable securities in the financial markets such as government bonds. The aim of this policy is to affect the monetary base and as a result, it will influence to the money supply of the economy in the short period. 3.1.3.2. Reserve requirements The conduct of this approach is that the central banks set a fixed reserve ratio, which is measured by the proportion of customers’ deposits and approved liquid assets, to domestic commercial banks or credit institutions. This rate is often higher than as usual. The purpose of this method is to limit the amount of money that credit institutions can use to make loans to their customers. In order to protect a particular commercial bank or credit institution out of bankruptcy and the whole banking system out of systematic collapse due to excessive lending or mismanagement, many central banks around theShow MoreRelatedRegulatory Models Governing Investment Policies Of Insurance Companies Essay1262 Words   |  6 PagesCommittee on Investment pattern for Insurance and Pension Fund, Government of India (2013), submitted in his report that insurance companies in China have diversified their investment mandates over time to include bonds, mutual funds, equities and infrastructure. But conservative investment norms are still predominant. Investment pattern of life insurance in China includes as investments heads Guaranteed Corp. Bonds, Non Guaranteed Corp. Bonds, and Securities Investment Funds (SIFs), Stocks OverseasRead MoreEssay about The Cause of Hatred and Distrust in the Middle East1610 Words   |  7 PagesNations sanction on Iraqi people for more than a decade. The beginning of the current conflict can be traced back to when the partitioning process took place. According to CIA data: After World War II, the British withdrew from their mandate of Palestine, and the UN partitioned the area into Arab and Jewish states, an arrangement rejected by the Arabs. Subsequently, the Israelis defeated the Arabs in a series of wars without ending the deep tensions between the two sidesRead MoreA Look At Israel s Economy3116 Words   |  13 Pages341,400 people live in the West Bank, approximately 18,900 live in the Golan Heights (2012); approximately 196,400 Israeli settlers live in East Jerusalem (â€Å"MIDDLE EAST: ISRAEL. Central Intelligence Agency). Of the total population about 75% are Jewish, 17% Muslim, 2% Christian, 1.6% Druze and about 4% Other. Hebrew is the official spoken language, however Arabic is used officially for the Arab minority, and English is the most commonly used foreign language (Central Intelligence Agency). Some ofRead MoreSchool Entrance Or Kindergarten Entrance Age And The Policies That Guide Them5075 Words   |  21 Pagesregarding school entrance ages. The focus will then turn to current school entrance age (SEA) policies. Attention will be given to the elements included in SEA policies, as well as data on current state and international SEA policies. The two predominant theories influencing SEA policies will be present ed followed by a brief look at some of the research which impacts SEA policies. The conclusion of the paper will offer an evaluation of the policies followed by a few recommendations for policymakersRead MoreSummit Bank13780 Words   |  56 PagesSUMMIT BANK LIMITED MULTAN ROAD BRANCH [pic] An Internship report Submitted in Partial Fulfillment For The Degree of Masters of Science In Accounting Finance AMNA HAMID Session (2008-2010) Department Of Accounting FinanceKinnaird College for Women, Lahore [pic] Executive summary â€Å"The purpose of study was to know about SUMMIT BANK LIMITED and to analyze the financial statement. â€Å" In this report the Summit Bank’s history, mission, vision and services as well as management isRead MoreOrganisational Analysis11011 Words   |  45 PagesORGANISATIONAL ANALYSIS OF ZENITH BANK PLC BY GINA PEARCE SUBMITTED MAY 4TH 2009 An Action Learning Assignment submitted to Business School Netherlands, Nigeria in partial fulfillment of the requirements for an MBA Degree TABLE OF CONTENT CONTENTS PAGE 1.0 INTRODUCTION†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 4 1.1 Background†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Read MoreFour Seasons Marketing Plan6707 Words   |  27 Pagesfactors contribute toward UAE being a convenient place to do business. IV. A. Cultural Environment Cultural Values The Arab countries are treated as a whole by Hofstede.6 Large Power Distance (PDI) (80) and Uncertainty Avoidance (UAI) (68) are predominant Hofstede Dimension characteristics for the countries in the region. These societies are more likely to follow a caste system that does not allow significant upward mobility of its citizens. They are also highly rule-oriented with laws, rules, regulationsRead MoreEssay about The Science, Technology, and Ethics of HIV Vaccine Research4289 Words   |  18 Pagesreportedly accounts for two thirds of the infected population and about 12 million AIDS related deaths. There we re 200,000 new HIV infections in Latin American and the Caribbean last year and 800,000 new HIV infections reported in Eastern Europe and Central Asia. Conversely, there were only 75,000 new HIV infections in the United States, the same number that was reported last year. The burden of HIV is obviously not borne equally by industrialized and developing countries. As illustrated by the dichotomousRead MoreComparative Analysis of Financial Performance of Public and Private Banks(Case Study)15686 Words   |  63 PagesCOMPARATIVE ANALYSIS OF FINANCIAL PERFORMANCE OF PUBLIC AND PRIVATE BANKS [IN THE CASE OF SELECTED PRIVATE AND PUBLIC BANKS] A SENIOR ESSAY SUBMITTED TO DEPARTMENT OF ACCOUNTING AND FINANCE, IN PARTIAL FULFILLMENT OF THE REQUIREMENT OF BACHELOR OF ARTS DEGREE IN ACCOUNTING AND FINANCE. Prepared by: Ruth Alemayehu ADDIS ABABA UNIVERSITY COLLEGE OF MANAGEMENT, INFORMATICS AND ECONOMIC SCIENCE SCHOOL OF BUSINESS AND PUBLIC ADMINSTRATION DEPARTMENT OF ACCOUNTINGRead MoreTata Teleservices Ltd Internship Report13209 Words   |  53 PagesIndian consumers at affordable prices. Wire line Vs Wireless:- It has also undergone a substantial change in terms of mobile versus fixed phones and public versus private participation. The preference for use of wireless phones has also been predominant in the sector. Participation of the private entities in the telecom sector is rapidly increasing rate there by presenting the enormous growth opportunities. There is a clear distinction between the Global Satellite Mobile Communication (GSM) and