Project audit can be defined as the process of detailed inspection of the management of a project, its methodology, its techniques, its procedures, its documents, its properties, its budgets, its expenses and its level of completion.
Socio cultural environmental factors exhibit variation from country to country and even within the same country, differing from region to region. A thorough understanding of the socio cultural environment in which a business seeks to operate or enter is therefore important for its survival and growth.
The term ‘financial derivative’ encompasses a variety of financial instruments, including stocks, bonds, treasury bills, interest rates, foreign currencies, and other hybrid securities.
The establishment of Credit Rating Agencies in India forms an important step in the process of financial reforms. Following are the agencies explained in brief:
There are various function of RBI related to monetary management, banking operations, foreign exchange, developmental works, and research on problems of the economy.
The financial system enables borrowers and lenders to exchange funds. Indian Financial System is regulated by independent authorities in sectors such as insurance, banking, capital markets, and various service sectors.
