Lato-kosero

Generally, money can not be defined on the basis of matter it is mode of. It is defined in terms of the functions it performs. Money can be anything that is generally accepted as a medium of exchange, measure of value, store of value and standard of differed payments. So, walker rightly remarked or defined money as, “ Money is that what money does”. The economists have defined money in different ways. They are: General Acceptability definition: According to this, Money is that commodity or thing which is easily accepted in payment for exchange of goods and services in the economy. According to Benham, Money is defined as generally acceptable purchasing power or something which everybody is prepared to accept in exchange for goods or services. Functional definations: This definition is related to the function of money. According to Cowther, Money can be defined as anything that is generally accepted as a means of exchange and at the same time acts as a measure and store of va...

Written By: Jaya Silwal Red, green and yellow, these are the only colors that can be seen everywhere; mostly dominated by the color red. Teej is the name of a red insect that comes out on the surface during the rainy season. The festival is said to have got its name from that very insect. That must be the reason why the whole town seems to be painted red that day. Metaphorically, you can see all the women and girls of all age groups on the streets enjoying the festival that it's not less than painting the town red. To those who don't have any idea, Haritalika Teej is one of the most-awaited and celebrated festivals of Hindu women in Nepal. This festival mostly falls on the 3rd day of Bhadra Shukla Pakshya according to the Nepali Lunar Calendar. It is a three-day-long celebration with the aim to increase the happiness, peace, prosperity, family harmony and the long life span of women's husbands or beloved. Traditionally, this festival is dedicated to Go...

The central bank is the institution that controls the monetary and banking structure of the country.  The central bank (CRB)is a non-profit making the financial institution. CRB is at the highest point of the whole financial system of the country. CRB has monopoly power of note issue. In other words, it is the principal banking and monetary institution of a country. It controls and regulates the activities of other banks. It is under government ownership and management. It regulates the monetary and credit conditions to attain the goals of the state.  Functions of Central Bank:  A central bank is the apex institution of a country’s monetary system. Since the monetary system of the country, in any case in a developing country, a central bank is also the apex institution of its financial system. As such it plays a leading role in organizing running, supervising, regulating and developing the monetary-financial system.  A central bank perfo...

Tax is an effective fiscal tool to influence the economy. It has also certain norms which have to be followed to make it more effective and popular. That state is a welfare state which imposes less amount of tax and collects more amount of revenue. So the tax should be effective. A good tax system should help to establish fair income distribution and socio-economic stability. According to Adam Smith, "A tax is a contribution from citizens for the support of the state." Adam Smith has given the most comprehensive and exhaustive concept of a good tax system which is known as the canon of taxation.  1 Canon of equity  A good tax should be based on the ability to pay principle of taxation, and it has to assure social justice to all taxpayers. In general, in this canon of equity, everybody must be treated equally for tax or according to capacity or ability they should pay the tax and unequal must be treated unequally....

Financial market is a prime element of financial system and mechanism that raised short, medium and long term finance. ( borrowing, lending, issuing, transforming, managing, trading and organization)(finance-7 components) of funds through various types and various nature of trading financial assets. The main purpose of financial market is to collect scattered small and big savings of public people, make available loans for consumption, investment, trade, distribution for development of various sectors of the economy and payments of debts. Hence, financial market brings together counter-parties through any means like individuals, families, business firms, BFIs, NBFIs, government and foreigners for spot trading, future trading, online trading of given financial assets that is affected by the demand, supply, quantity, quality, price and cost of given financial assets. Classification of financial market Financial market can be classified on various gro...

Written By: Nisha Joshi I am a happy girl. I want to experience all the adventures possible before I get old, of course. I love traveling, trekking, wandering and be in-between nature. So, I plan and go somewhere once a month. To experience the adrenaline rush, I decided to do Bungee Jump in Nepal’s first bungee jumping site which is at The Last Resort in Sindhupalchowk district, Nepal. I have always dreamt of doing the bungee and the plan of doing it was pending from so long. So, sudden plan with my dear friend made me do bungee jump in 25 th  Nov 2016. I was so excited and happy to reach the place of my wishlist. The Last Resort was so calm, peaceful, beautiful and enchanting. I was fascinated with the view all around the resort. The procedure of bungee was: i) first I had to pay them for Bungee jump + video (if I want) + T-shirt (if I want) because I wanted all so, I paid for all. In 2016, I paid NRS. 6500 only /- b...

1. Convert 100 K into temperature on Fahrenheit scale? 2. At  what temperature does Kelvin scale reading coincide with Fahrenheit scale? [ Ans: 574.25 K ] 3.   At what temperature will the Kelvin scale reading double the Fahrenheit reading? [ Ans: 353.4 K or 176.7  0 F ] 4.   A faulty thermometer has its fixed points marked at -2 and 98. What is the correct temperature on Celsius scale when the thermometer reads 20  0 C ? [Ans: 22  0 C] 5.   At what temperature will the reading of a Fahrenheit thermometer be double than that of the centigrade one? [ Ans: 160  0 C or 320  0 F] 6.   What fall of temperature will the Fahrenheit thermometer register, when the centigrade thermometer records the fall in temperature as 45  0 C? [ Ans: 81  0 F ] 7.   A faulty Fahrenheit thermometer shows 204  0 F, whereas a centigrade thermometer registers 95  0 C.  Find the correction for faulty thermome...