This one was a real incident.Mr X was not so fortunate and died in an accident,,leaving behind a spouse.His earnings were handsome and good investmets all over bank fixed deposits,mutual funds and insurance policies.When his spouse went to bank to claim the amount lying in saving account and fixed deposits,she was shocked when bank told…
Introduction To Copper Futures:
Copper is a ductile,malleable base metal having excellent properties of heat and electricity conduction.This is the most recycled base metal,makes it the most preferred material of choice.In terms of consumption it is at rank No 3 after,steel and aluminium. As this metal leads the base metal prices its also known as king of Base metals….
Effect of Saving Rate Deregulation:
Recently Reserve bank of India,deregulate the saving account interest rates.Banks can pay you 6% as well 1% on your money lying in saving account. This post is a small attempt to calculate the effect for different saving rates,with an assumption that Rs.1 Lakh are constantly available in the bank account. Saving Rate: 6% Amount(Rs) Interest…