The loans obtained from official and private sources of foreign countries are called foreign loans which are granted for a period of 5 years or more. They are of two types, viz., (a) Hard loan, i.e. loans repayable in foreign currency; and (b) Soft loan, i.e., loans repayable in Indian currency. i. International Monetary Fund (IMF): The IMF has been [...]
This article throws light upon the top four types of domestic issues. The types are: 1. Commercial Banks 2. Development Banks and Financial Institutions 3. Discounting of Trade Bills 4. International Capital Market. Domestic Issue: Type # 1. Commercial Banks: Commercial banks, like domestic loans, extend foreign currency loans for international transactions all over the world. Like usual transactions, they [...]
After reading this article you will learn about Multinational Corporations (MNCs):- 1. Reasons for the Growth of MNCs 2. Problems Faced by MNCs 3. Political Risks 4. Problems and Advantages from the Growth of MNCs. Reasons for the Growth of MNCs: (a) Availability of Raw Materials: If good quantity of materials are available in a country for a particular product, [...]