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Answer Posted / raju akula
The term "Derivative" indicates that it has no independent
value. its value is entirely derived from the value of the
underlying asset.The underlying asset can be
securities,commodities,bullion,curriency,live stock or
anything else.In other words, Derivative means a forward,
future, option or any other hybrid contract of pre
determined fixed duration.
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hey! i have an interview for PO in union bank on 11th feb. can anyone please tell me what major topics should i prepare for? of course npa is there. also cibil and basel basics. is there anything else i should prepare?
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The following Trial Balance was extracted from the books of Chetan.Do you think that it is correct? If not,rewrite it in the correct form. Debits Rs Credits Rs ------------------------------------------------------------ Stock |8250 | Capital |10000 Purchases |12750 | Sales |15900 Returns outward |700 |Returns inwards |1590 Discount received|800 |Discount allowed |800 Wages & salaries |2500 |Scooty |1750 Rent and rates |1850 |Carriage charges |700 Sundry debtors |7600 |Sundry Creditors |7250 Bank Overdraft |2450 |Bills payable |690
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sir,how to get strong position in finance .how to get good position in company. qulification.Msc,MBA
