Finance

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Across
  1. 3. Under this service, a customer gives his / her mobile phone number to his bank which is recorded in the computer system in the customer’s account
  2. 6. total amount of funds invested in current assets.
  3. 10. scanning The process by which firms monitor their relevant environment to identify opportunities and threats affecting their business
  4. 11. also called Indirect action environment
  5. 12. the process of Estimating the financial requirements of an organisation,choosing the Sources of funds and deciding how the funds are to be Utilised.
  6. 13. It is a nationwide payment system under which one can electronically transfer funds from any bank branch to any individual, firm or company having account with any other branch in the country. It operates in half hourly batches.
  7. 16. composition of long term funds
  8. 17. sum total of all individuals, institutions and other forces that are outside the control of a business enterprise but that may affect its performance.
  9. 18. credit Credit extended by one business firm to another incidental to purchase and sale of goods.
  10. 19. A cash machine
  11. 21. funds required for acquisition of fixed assets
  12. 22. Under this system, a customer becomes a customer of the bank rather than becoming a customer of the branch.
  13. 23. It is a fund transfer system under which transfer of funds takes place from one bank to another on a ‘Real Time’ and ‘Gross basis’.
Down
  1. 1. is a card issued by the bank to the customer. The customer can get it only by depositing money in the bank
  2. 2. a type of cheque drawn by a bank either on its own branch or another bank in favour of a third party.
  3. 4. refers to the process of retaining a part of the net profit year after year and reinvesting the same in business.
  4. 5. it keeps on circulating or revolving in business as it is invested, recovered and
  5. 7. deposits made by public with non-banking companies.
  6. 8. repeatedly during the operating cycle of business.
  7. 9. are additional shares given to the current shareholders without any additional cost, based upon the number of shares that a shareholder owns.
  8. 14. temporary financial accommodation extended to reputed customers
  9. 15. implies raising finance through sale or mortgage of book debts
  10. 20. Also known as Direct Section environment or task environment.