Banking

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Philosophy of Mathematics

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Error: Mind Map file BANKING.mm not found

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Additional Information

Useful websites

1. Useful information on banking from wikipedia
2. This ppt gives details about types of accounts click hereppt on types of accounts

Teaching Outlines

Concept #1.Economy of Country

Learning objectives

1.To know the importance of banking sector in developement of the country. 2.Understands the concept of central bank and its control over the banking sector. 3. Come to know about the how economy and banking sectors are interlinked.

Notes for teachers

Banks are essential for each country’s economy, since no growth can be achieved unless savings are efficiently channeled into investment. In this respect, the lack of a full-fledged banking system has often been identified as a major weakness of the centrally planned economies. Therefore, reforming the banking sector in the former communist countries and creating a new culture of trust and confidence has been a crucial task in the process of transition to a market economy.

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Concept #2.GDP & Development

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Concept #3.Investment consolidation

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Concept #4.Inflation

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Concept #5.Flow of money

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Concept #6.Security

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Concept #7.Creation of Employment

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Concept #8.Foreign exchange

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Concept #9.Share market

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