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Financial management is the business function concerned with profitability, expenses, cash and credit. These are often grouped together under the rubric of maximizing ...
A financial crisis is any of a broad variety of situations in which some financial assets suddenly lose a large part of their nominal value. In the 19th and early 20th centuries, many financial crises were associated with banking panics , and many recessions coincided with these panics.
Finance refers to monetary resources and to the study and discipline of money, currency, assets and liabilities. [a] As a subject of study, it is related to but distinct from economics, which is the study of the production, distribution, and consumption of goods and services.
Women often face unique financial challenges when it comes to building wealth in the short and long term. These include the gender pay gap, having less money in short- and long-term savings, taking...
The middle class is under pressure and, consequently, shrinking. A Pew Research Center analysis found that the share of adults who live in middle-class households fell from 61% in 1971 to 50% in ...
Financial literacy is the possession of skills, knowledge, and behaviors that allow an individual to make informed decisions regarding money. Financial literacy, financial education and financial knowledge are used interchangeably. [1] Financially unsophisticated individuals cannot plan financially because of their poor financial knowledge.
Together, they face challenges like Kailash, a predatory loan shark with eyes on Meena, and financial challenges. Satyam opts for Meena to marry Manoj instead of providing financial assistance, and complications arise as Balu's brother Manoj elopes with Shailaja.
Financial inclusion is the availability and equality of opportunities to access financial services. [1] It refers to processes by which individuals and businesses can access appropriate, affordable, and timely financial products and services—which include banking, loan, equity, and insurance products.