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3 years ago

Name any three special financial institutions and state their objectives.

Business

1 answer:

Mashutka [201]3 years ago

4 0

Answer:

Industrial Finance Corporation of India (IFCI)

State Financial Corporations (SFC)

Industrial investment bank of India Ltd

<h3>Objectives:</h3>

Objectives of IFCI provide medium and long-term financial assistance to large scale industrial undertakings, particularly when ordinary bank accommodation does not suit the undertaking or finance cannot be profitably raised by the concerned issue of shares.

Objectives of SFC to maintain and promote fairness, efficiency, competitiveness, and transparency in the securities and futures markets; promote public understanding of investing and corporate finance policy; protect investors by enforcing regulations; reduce crime and misconduct
Objectives of Industrial Bank of India Ltd To provide financial assistance as well as to revive and revitalise sick industrial units in public/private sectors, an institution called the Industrial Reconstruction Corporation of India (IRCI) was set up in 1971 with a share capital of Rs. 10 crores.

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A store offers packing and mailing services to customers. The cost of shipping a box is a combination of a flat packing fee of $

strojnjashka [21]

Answer:

equation will be 2x+5

Explanation:

We have given the cost of shipping box = $5

Flat packing fee = $5

As given, the cost of shipping a box is based on its weight in pounds so it is variable

And a flat rate of $5 for packing. This means $5 is common for each parcel that will be sent. Only the weight will vary.

So the equation will be 2x+5

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4 years ago

Read 2 more answers

psychologists usually attempt to determine whether or not data supports a hypothesis through the use of ____.

guajiro [1.7K]

Psychologists usually attempt to determine whether or not data supports a hypothesis through the use of statistics which means gathering/collecting all data facts and important information.

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4 years ago

Lupine Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. T

Anna [14]

Answer:

Allocated MOH= $420

Explanation:

First, we need to calculate the predetermined overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= (253,600/31,700) + 6

Predetermined manufacturing overhead rate= $14 per machine hour

Now, we can allocate overhead to Job L716:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 14*30

Allocated MOH= $420

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4 years ago

Aaron and Donald sign a written contract in which Aaron agrees to supply raw materials to Donald’s company in return for set fee

juin [17]

Unilateral contract is the correct answer

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4 years ago

please discuss the similarities and differences between transformational and charismatic leadership. Choose an individual that q

Nookie1986 [14]

Answer:

The transformational leaders are bureaucratic and charismatic are people oriented in nature.

Explanation:

The charismatic leaders are also called as the transformational leaders and shares various things.

Charismatic leaders make their status better and transformational leaders focus on the transformation of the organization's vision. The main difference is the focus and the audience.

The charismatic leaders are committed and have engaging personalities like martin Luther king as his speeches were often more tangible than other leaders and used to have a huge influence on the people he met.

The charismatic leaders are more emotionally attached to their audience. They work towards an emphasis on the greater good. More people-oriented.

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3 years ago