January 2010
Finance covers the study of financial market and financial establishments. It research the monetary markets like money market, capital market, safety market. It also studies the monetary management of the financial institutions like business banks, insurance firms, saving and loan associations, finance companies, pension fund and so on. It is because, the financial institutions even have the financial problems similar to that of individuals and enterprise firms.
The government businesses even have the monetary issues much like the individuals and enterprise corporations. The a part of finance that offers with the financial activities of the government agencies is known as public finance. It consists of the theories of taxation, problem of government securities, formulation of funds, asset administration financial planning and so forth. Most of the financial choices of the non-public sector are made with a view to maximization of revenue or maximization of shoppers’ satisfaction. On the contrary, the … Read more