Eng. Version Finance, Banking, Bima 2nd Paper Suggestion and Question Patterns of HSC Examination 2015-2
Eng. Version Finance, Banking and Bima Suggestion and Question Patterns of HSC Examination 2015. Finance is the practice of funds management, or the allocation of assets and liabilities over time under conditions of certainty and uncertainty. A key point in finance is the time value of money, which states that a unit of currency today is worth more than the same unit of currency tomorrow. Finance aims to price assets based on their risk level, and expected rate of return. Finance can be broken into three different sub categories: public finance, corporate finance and personal finance.
Eng. Version Finance, Banking and Bima Suggestion and Question Patterns of HSC Examination 2015-2
Model Question No. 2
A bank is a financial institution and a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly by loaning or indirectly through capital markets. A bank links together customers that have capital deficits and customers with capital surpluses.
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