Understanding Economics and Banking

by Asit Kumar Jena


Type : Paperback

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In Stock.Delivered in 7-9 business days

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In Stock.Delivered in 7-9 business days

Rs. 340+ shipping charges


Summary of the Book

'Understanding Economics and Banking' is written in a very simple language with an aim to simplify Economics and Banking concepts and its environment for the benefit of the readers with numerous examples from Indian and Foreign contexts. This book explains the fundamental terms and concepts of economics and banking and also helps the reader to understand the philosophies behind it and the factors affecting it. 'Understanding Economics and Banking' also highlights and answers some basic yet complex questions that strike minds of people every now and then like: Who are economists and what are the problems faced by them? Why does the government need to borrow when it can print its own money? What does GDP growth or slow down mean? Paying off National Debt - a Solution or a Problem? How harmful is inflation and how does the government tackle it? Why and how does government tax people? How is money circulated by banks? Why does RBI mention “I promise to pay the bearer clause” on Indian Rupee notes? Who are bankers - their working culture and banking environment. Banks credit policy, risk involved in banking and many more.

About the Author

Asit Kumar Jena is a banker by profession. He holds a degree in MBA from Gitam School of International Business and Certificate in Advance Financial Course from IIM Kozhikode. He has also worked in the finance team of companies like Flipkart, IBM Daksh and has also served as financial advisor on intraday trading for a brief period. Apart from his regular job in the financial sector and consultant to few small scale industries in past, he is deeply interested in and sometimes writes in the field of Macro Economics, Banking, Marketing, Philosophy and Ethics.

This book is one of his attempts to present the complex world of economics and banking in a lucid manner to eager young minds preparing for banking. This book is divided into two parts. The initial chapters deal with basic concepts of economics which will give students sound knowledge of it, before getting into banking in the second part. This will be helpful for students of commerce, economics, MBA, banking aspirants, finance professionals and whoever else is interested in the subject while for others it can be still be a good book beside their tea table.

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