Think Work VM Knowledge

What is the need for central bank credit formation?   Answer: R equirement  of Debt Control:  The law empowers commercial banks to generate credit money. Money generated by a merchant bank is called 'credit money. In short, the credit of a commercial bank is the additional purchasing power created by a commercial bank. As credit increases, so does the supply of money. This creates a boom in the economy. The opposite happened the total supply of money decreased. As prices fall, so does the economy. Both the ups and downs are detrimental to the economy. The central bank manages the recession. For this, it implements a monetary policy. The central bank controls the supply of money to the economy. This is called fall control. In short, commercial banks generate huge sums of money for the purpose of making a profit and are immediately reluctant to give credit in times of crisis. In both cases, there is a loss of economy. Therefore, it is necessary to control the fall of the central bank

 Full Explain about  The Astrologer's day - R.K. Narayan About the Author  R. K. Narayan (1906-2001) is a well-known Indian English writer. He is celebrated as a novelist, essayist, and tremendous capacity for portraying the varied Indian life. He narrates with skill the ironic, comic, tragic aspects of Indian life. This can be said with specific reference to Matgudi life. His mastery of the English language is so marvelous that he can convey the subtlest and the most complex shades of thoughts, feelings, and emotions with great ease. R K Narayan's stories end with an unexpected twist. "The Guide", "Wait- ing for Mahatma", "Man-Eater of Malgudi" and "Malgudi Days" are written. He has some of his famous work. Summary                  "The Astrologer's day" is a famous story. It is written by R.K.Narayan. One of the eminent writers written in English. The story is a pen Portrait of a f

The Kid- Charles Chaplin  About the Author   Sir Charles Spencer Chaplin (1889-1978) was born in Lon- don, England. He was a British actor who became one of the biggest stars of the 20th-century salient film era. Charlie was thrown on his own resources before he reached the age of 10 due to the early death of his father and the illness of his mother. When he was about 12, he got his first chance to act. Chaplin started his career as a comedian in vaudeville, which eventually took him to the United States in 1910. He became an immediate hit there. His career spread over more than 75 years. His first feature film was "The Kid" (1921) followed by "A Woman of Paris" (1923), "The Gold Rush" (1925), and "The Circus (1928). He produced movies like "City Lights" (1931 ) and "Modern Times" (1936). Chaplin wrote, produced, directed, edited, and acted in most of his films. In 1972, as part of the appreciat

This Dog - Rabindranath Tagore - Poetry  About the Author           Rabindranath Tagore (1861-1941) is honored by titles such as Gurudev, Kabigum, and Biswakabi. He was a person of wide learn- ing and knowledge who had expertise in many fields like music, literature, painting, philosophy, and religion. In 1913, he was awarded the Nobel Prize in Literature for his renowned collection of poems, Gitanjali. Tagore began writing poetry when he was 8 years old and published his first collection of poems at the age of 16. There are about 50 collections of poems written by him in Bengali along with numerous novels, short stories, and philosophical writings. Many of these have been translated into English by Tagore himself. He was invited by the Western nations for lectures on topics related to Art, Philosophy, and Religion. He was humanist and supported independence from Britain.                He introduced new styles of prose and verse and promoted the us