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GATE ACADEMY
THALAYOLAPARAMBU
Customer
A customer is the
important visitor on
our premises. He is
not dependent on us,
we are dependent on
him. He is not an
interruption to our
works, he is the
purpose of it. He is
not an outsider in our
business, he is a part
of it. We are not
doing him a favour by
serving him, he is
doing us a favour by
giving us an
opportunity to do so.
BROAD MONEY
Ineconomics,broadmoneyisameasureofthemoney
supplythatincludesmorethanjustphysicalmoneysuchas
currencyandcoins(alsotermednarrowmoney).
Itgenerallyincludesdemanddepositsatcommercialbanks,
andanymoniesheldineasilyaccessibleaccounts.
Componentsofbroadmoneyarestillveryliquid,andnon-cash
componentscanusuallybeconvertedintocashveryeasily.
COMPONENTS:
MICR Code
Magnetic Ink Character Recognition
First 3 digits: Postal Code Eg. 682
Second 3 digits: Bank Code Eg. 002
Third set of 3 digits: Branch Eg. 005
10- SB. Interest type
Hard Currency is the currency of a country in
relation to which we have an adverse balance of
payment, i.e., which is hard to be obtained.
Hot Money is money which moves from one place
to another to seek profit or higher rate of
interest.
Index Number is a statistical method of indicating
approximately the variations in the prices of
essential commodities over certain periods of
time.
GATE ACADEMY
(Guidance And Training for Employment)
BANK / PSC EXAMS COACHING CENTRE
RUN BY RETIRED BANK OFFICIALS
K.R.AUDITORIUM, I Floor,
THALAYOLAPARAMBU 686 606
PH:04829 238005/ 9446424407 / 9447059090
WEB SITE:www.gateacademi.in.net
Blog:gateacademi.blog.com
e-mail id: gateacademi@gmail.com
GATE ACADEMY
(Estd. 2011)