The transportation of goods and people following freely across borders, and the use of the euro.
Answer:
Banks can borrow from the federal reserve system at discount rate.
Explanation:
The fed provides the fund for banks to increase their reserves through open market operations. The fed purchases government securities or bonds to increase reserves with banks.
If a bank is not able to borrow funds for its reserves from the Fed funds market, then, in that case, it can borrow from the federal reserve system at a discount window.
The rate at which it has pay back this loan is called the discount rate. This rate is used as a tool by the feds to control the money supply. The discount rate serves as a tool for monetary policy.
Answer:
Municipal corporation can be called a local government of the India. In India when an urban area get above 1 million population and government urbanized that area and handover authority to municipal corporation to take care of that city.
Explanation:
The growth of population and the urbanization in local area of India need a local government to mange all the activities of city. This local government provide the health care services, housing, nursing, institution and transport by collecting the tax from local people and by getting fixed grant from government. Every area have different name of municipal because of the regional language but there is a common name that is called municipal corporation.
Composition: Government of India- State government- Division- District- Block- Village-
There is constitution and the second is the Wilson
