👉Economic Related Questions &Answers For you company interview asked ?
#1, What are GDR, GDP and CPI?
Ans-Global Depository Receipt is a negotiable certificate held in the bank of one country representing a specific number of shares of a stock traded on an exchange of another country , In others words GDR is a certificate issued by a depository bank (international banks ) , which purchases shares of foreign companies and deposits it in the account ,
Global Depository Receipt facilitates trade of shares especially those from emerging market several international banks GDRs, such as JP Morgan chase citigroup , Deutsche bank normally IGDR=10 share (Appx),
GDP:- Gross Domestic product is the broadest quantitative measure of a nation's total economic activity More specification GDP represnt the monetary value (or market value) of all goods and services product within a nation organization releases GDP data for the indian economic on a quarterly basis,,
The components used to calculate GDP include
Personal consumption
1-Durable goods (items expected to last more than three years )
2-Nondurable goods (foods and clothing )
3- Service ,
Government Expenditures
- Defence
- Roads
- School
Investment spending
- Nonresidential
- Business inventories,
- Exports are addes to GDP
- Imports are deducated from GDP
GDP= CONSUMPTION + Government expenditures + investment being measured ,Aggregate Deposit :-These are the total deposits of bank at the close of the accounting year, These include deposits from public and deposits from banks, Ahigh deposit figure signifies a bank's brand equity branch network and deposit strength,
Explanation
- APR (Annual percentage rate 14%
- periodic rate = 1.17%
- Days in billing cycle=30..
- previous balance =rs 1000,
- payment 16th day = rs 100
- Charge balance= rs 90,
- Ending balance= 950%
- Adjusted balance= 900,
Alternate account-It is kind of account in which multiple individuals can draw against without permission from each other ,
Arbitrage -The act of buying a financial instrument from one market for selling the same at a higher price in another market,
Asian Development bank :-It is a multilateral institution based in manila , philippines, that provides financing for development needs in countries of the Asia-pacific region,
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