people who have elected finance and management , follow this thread, lets share notes and questions and benefit each others.
Some of the specialized financial institutions in India are as follows:
Unit Trust of India (UTI)
Securities Trading Corporation of India Ltd. (STCI)
Industrial Development Bank of India (IDBI)
Industrial Reconstruction Bank of India (IRBI), now (Industrial Investment Bank of India)
Export - Import Bank of India (EXIM Bank)
Small Industries Development Bank of India (SIDBI)
National Bank for Agriculture and Rural Development (NABARD)
Life Insurance Corporation of India (LIC)
General Insurance Corporation of India (GIC)
Shipping Credit and Investment Company of India Ltd. (SCICI)
Housing and Urban Development Corporation Ltd. (HUDCO)
National Housing Bank (NHB)
The regulatory bodies of the financial institutions in India are as follows:
Reserve Bank of India (RBI)
Securities and Exchange Board of India (SEBI)
Central Board of Direct Taxes (CBDT)
Central Board of Excise & Customs
#note RISK MANAGEMENT
Financial institution risk management is essential for the growth of both public and private financial organizations. With the growing competition in the financial market, the task of risk management is becoming increasingly important over the passage of time. Financial organizations face different types of operational risks. Business risks may arise due to several reasons like production loss, theft, fire, natural calamities like flood and earthquake. Reputational risk is another major threat faced by all popular financial service providers.
Risk Management Policies of Financial Institutions All financial institutions make use of risk management strategies to take early precaution against unanticipated loss. Some of the widely used strategies of risk management
are as follows:
Transfer of risk is always a better option than risk absorption for all financial institutions regardless of size.
It is always advisable to eliminate risk-bearing assets. Financial organizations always try to use less risky resources and other means of production.
There are some risks that are naturally associated with the activity of the financial organizations. Elimination of those inherent risks is a real challenge for all financial institutions.
Risks are associated with different stages of business activity. Market creation, intermediation, servicing, packaging, distribution and origination are the various services, which may involve risks.
Financial institution risks can be broadly categorized into five different types.
The commonly found varieties of business risk include the following:
Legal
Systematic
Counterparty
Q- Which one is not part of Lewin's (1952) three step approach to change?
a) Changing behaviour
b) Initiating change
c) Freezing
d) Unfreezing
Q-
What is the first step in a 'Stage gate' process?
a) Develop a product.
b) Demonstrate a plan.
c) Initiate learning.
d) Generate ideas and concepts.
Q-
In what order do managers typically perform the managerial functions?
a) organising, planning, controlling, leading
b) organising, leading, planning, controlling
c) planning, organising, leading, controlling
d) planning, organising, controlling, leading
Hi everyone ,can u plz suggest which book or source to consult for management part of the paper ???
http://www.ddegjust.ac.in/studymaterial/mcom/mc-204.pdf
Plz glance through this..is this good/optimum source for study for substantial part ..., useful or not .... thnx..
hey,for managment part any book is ther.how to prepare for mangment part plzzzzzzzzz tell me
Take a look finance videos
http://abhishekgk.net/rbi-finance-video-playlist/