Money
1. White Money:-
It is the money to which accounts are ratified by the govt.
2. Black Money
Finally - Name earns money. [
1. White Money:-
It is the money to which accounts are ratified by the govt.
2. Black Money
It is the money to which accounts are not submitted to the govt.
3. Hawala Money
It is done with black money. For example if we purchase a property in America for 10 crore rupees, how can the money be paid? It cannot be transferred to the seller through bank, through DD, or in any other conventional method. So we should go to an MNC whose branches are there in India and USA. If we deposit money in Indian branch of that MNC then they pay to the seller in USA.
In this transaction
1. ours money lies here only
2. the money is paid to the seller
3. we need not show accounts to the govt.
4. Sudden Money
The money that is got without our effort or expectation. Example lottery money, a property donated by somebody....
5. Dead Money
Money is very much essential for doing a business. But instead of using the money for development activity if is invested in non-revenue oriented thing like buying a plot then it becomes dead money.
6. FDI money
7. FII Money
8. NRI money
9. Dirty Money
It is the money that is earned by killing some body. It is generally used in the under world, factionism, etc.
10. Reserve money
Banks do not invest all the money for giving it on loans. Some money is needed to meet the requirements daily customers. So they keep a certain amount of money aside which is called Reserve Money.
There are three stages in enriching ourselves in the world of money.
First - You earn money. [ money earning is an art. if we earn money minimum one lakh and save to give or invest. It should be done in such a way that your rupee should go and bring another rupee for you. It saves your energy levels]
Second - Money earns money. [ Invest money for interest, buying a plot, buying mutual funds, ... With out our knowledge it increases. The more money you have, the more glow will be there in your fact. You can proceed in life with great confidence. The way you delegate, indicates that you have money command.]
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