Concept of Economy

What’s the Difference between Nostro and Vostro accounts? | Concept – Free PDF

Correspondent banks are financial institutions that act as an agent on behalf of other financial institutions, usually foreign banks. Correspondent banks may perform number of functions like Treasury services, manage foreign exchange, manage international investments and facilitate international trade and...

What is Net National Product (NNP)? – Concept of Economy – Indian Economy – Free PDF

NET NATIONAL PRODUCT AND DEPRECIATION GDP refers to the money value of final goods and services produced in a country in the span of one year Gross National Product (GNP) is the total value of all final goods and services...