definition of Business

Jun 18th, 2015
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A business (also known as enterprise or firm) is an organization engaged in the trade of goods, services, or both to consumers.[1] Businesses are predominant in capitalist economies, where most of them are privately owned and administered to earn profit to increase the wealth of their owners. Businesses may also be not-for-profit or state-owned.

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RBIIt is a central bank of Government of India; It is guiding, monitoring, regulating, promoting and controlling the Indian financial system. (GRMPC)Established on April 01, 1935 under RBI Act 1934.Nationalized in 1948 under RBI Act 1948. It has a fundamental commitment to maintaining the nations monetary and financial stability.From ensuring stability of interest and exchange rates, to providing liquidity and an adequate supply of currency and credit for the real sector; from ensuring bank penetration and safety of depositors funds to promoting and developing financial institutions and markets, and maintaining the stability of the financial system through continued macro-financial surveillance,the Reserve Bank plays a crucial role in the economy.Central board comprises of the governor, four deputy governors and fifteen nominated directors. RBI is managed by central

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