Corporations and trusts are foreign persons if they are held by two or more foreign persons (and their associates) with an aggregate substantial interest. Does the Corporations Act apply to foreign companies? Most provisions in the Corporations Act do not apply to Listed Foreign Companies. Who is considered a foreignRead More →
An IFS officer usually gets perks depending on their country of posting. These are: Foreign Area Allowance. Security Cover for self and family. Do IFS officers travel a lot? He covers 26 countries (some countries require several visits). … If he gets that post, it will again mean a lotRead More →
Wholesale market comprises of large commercial banks, foreign exchange brokers in the inter-bank market, commercial customers, primarily MNCs and Central banks which intervene in the market from time to time to smooth exchange rate fluctuations or to maintain target exchange rates. What are the two types of foreign exchange market?Read More →
Keeps the mind sharper for longer. … Enhances decision-making. … The first language is improved. … Improves performance in other academic areas. What are the benefits of learning a foreign language? What are the benefits of learning a second language It improves your memory. The more you use your brainRead More →
What Is the Interbank Call Money Market? The interbank call money market is a short-term money market which allows for large financial institutions, such as banks, mutual funds, and corporations, to borrow and lend money at interbank rates, the rate of interest that banks charge when they borrow funds fromRead More →