What is Finance?

Finance is a term for issue concerning the management, creation and investigation of cash, investments and speculations. Finances can be broadly divided into three categories:     Public finance   Business Finance   Personal finance   There are many other specific categories, such as Behavioral finance, which seeks to identify cognitive (e.g., emotional, social, and … Read more

What is Financial Institution?

Financial institution (FI) is an organization whose operations is to process financial or monetary transactions such as deposits, loans, deposits, currency exchange and investments. Financial institutions encompass a wide range of business transactions in the financial services industry, including banks, trust companies, insurance companies, brokerage firms, and securities dealers. Almost everyone living in a developed … Read more

What is GDP (Gross Domestic Product).

Gross Domestic Product or GDP is the total financial or monetary market value of all ready-made goods and services produced within a country’s borders during a given period. As a general measure of aggregate domestic production, it functions as a comprehensive dashboard of the economic health of a given country. Although GDP is generally calculated … Read more