Q. No.1: Define Commercial banks. Ans. : Professor G Crowther has defined commercial banks in his book “An outline of money” in the following words: “A bank is a firm which collects money from those who have it spare. It lends to those who require it.” Q. No. 2: Define Customer of a bank. Ans. : A customer of a …
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MARKETING MIX / 4P’s OF MARKETING
Marketing Mix | 4 P’s of Marketing Marketers use different tools in order to get the desired response from the customers or best satisfy their needs. These tools are known as The Marketing Mix. Marketing Mix is probably the most famous term in marketing. The marketing mix consists of everything the firm can do to influence the demand for its products. Marketing …
Read More »FORMATION OF CO-OPERATIVE SOCIETY IN PAKISTAN
Q. How a Co-operative Society formed in Pakistan. Ans. The co-operative Societies, whose main object is the promotion of economic interests of its members, are established in Pakistan under the Co-operative Societies Act, 1925. Application for Registration: Following are the main requirements for the Application for Registration: 1. A society is registered if there are at least 10 members …
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