Role and Importance of Non Banking Financial Company (NBFC) in India

Non Banking Financial Company (NBFC) A Non Banking Financial Company is a financial institution that does not have a full banking license and facilitates bank related financial services.  It means – (a) A financial institution that is a company (b) A Non-banking institution that is a company whose principal businessRead More →

International Monetary Fund (IMF)

International Monetary Fund (IMF)   The International Monetary Fund (IMF), is an international monetary institution established by 44 nations under the Bretton Woods Agreement of July 1944.  It was established to – (a) promote economic and financial cooperation among its members (b) to facilitate the expansion and balanced growth ofRead More →

World Trade Organization

World Trade Organization  The Uruguay round of General Agreements on Tariffs and Trade (GATT) (1968-93) gave birth to World Trade Organization (WTO).  World Trade Organization was formed as a replacement for General Agreements on Tariffs and Trade in 1995 with the purpose of supervising and liberalizing international trade.  Unlike GATT,Read More →

Export Promotion measures in India - EPZ, FTZ, SEZ,

Export promotion measures are public policy measures taken by the government of a country to potentially enhance the exporting activities and employment of that country. In India, a number of export promotion schemes have been in existence for some time which promote the industries that have a potential for developing andRead More →

World Bank

International Bank for Reconstruction and Development – World Bank   The International Bank for Reconstruction and Development (IBRD) commonly referred to as World Bank, is an international financial institution whose purposes include assisting the development of its member nation’s territories, promoting and supplementing private foreign investment and long term balanceRead More →


Globalization Globalization means integrating the economy of a country with the economies of other countries under conditions of free flow of trade and capital and movement of persons across borders. IMF defines globalization as “The growing economic interdependence between countries through increasing volume and variety of cross-border transactions in goodsRead More →

Environmental Threat and Opportunity Profile - ETOP

ETOP analysis   Environment threat and opportunity profile – It is a technique to structure the environment for fundamental business analysis. It was developed by glueck. The preparation of ETOP involves dividing the environment into different sectors and then analyzing the impact of each sector on the organization. A comprehensiveRead More →