Economy World

Hello friends, Welcome to my blog ‘Bazaar guruji’ Your Investment Makes You Richer.                               For the opening bank account, some form and processes are compulsory, document verification is the first step for opening account.                       What is KYC? Which document is customer submit to the bank?         KYC: -          “know your customer is not formed it is processed by which banks obtain information about the identity of the customer.”            the In this process helps to ensure that banks services are not illegal to use by the customer. And bank also gets the periodic update of customer proves and identity.            Any persons or entity connected with a financial transaction which can pose significant r...

Hello friends, Welcome to my blog ‘Bazaar guruji’ Your Investment Makes You Richer.                    the    In this blog, we know about BANK. Facilities provided by bank and interest rate change with the bank to bank. BANK             “bank is financial institutions, deposits money from the source and creates credit.” Apex bank of India is Reserve bank of India, which controls all bank activity. Bank is major two type:- 1.    Public sector bank 2.    Privet sector bank     Public sector bank:-               In which majority of the stake is held by the government. Percentage ratio of gov. is more than 50%.            ...

Hello friends, Welcome to my blog ‘Bazaar guruji’ Your Investment Makes You Richer.                                        In this blog, we discuss  Short term investment and Long-term investment their future benefits and merit.  1.    Short term investment: -         “investment which is a definition that period of time is less than one year or we can say that few month investment.”                                 For those people who need a high yield in a short period of time, long term investments are definitely very risky. In short term investment, we can consider IPO, FPO, commodity market, equity. we can use this strategy return require in short period of time.                  The ...

Hello friends, Welcome to my blog ‘ Bazaar guruji’ Your Investment Makes You Richer.                   For starting an investment first you know about how to save money. Reason behind that investment which you will do is you past saving or regular income.                  If you want to invest in regular funds like SIP, mutual funds, you have save some amount from your income. If you invest in FD, RD, long term investment plane. You must have your past planning for that.                  Your question is that how to save money? Because price of every commodity and day to day product is increase with time. For that you must make you expense list or say that budget.         ...

Hello friends, Welcome to my blog ‘ Bazaar guruji’ Your Investment Makes You Richer.                        In world of globalization value of money change with every part of second. For make your future wealthy not savings is enough, make money from money by investing.                        first of all, we know which amount we can finance for future. Investment is short term or long term. How to start in which stage of life.                        Some term like what is banking? Public sector banking and privet sector banking. Types of account which we will use-full in particular application. What is fixed deposit and RD? interest rate a...