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It is defined as the management of money, and it includes activities like investing, borrowing, lending, budgeting. Finance also encompasses oversight, creation, banking. There are Four types of finance:
It is a study of income and expenditure of the state it deals only with the fiance of the government. It is a study of a collection of funds and their allocation. It is divided into three parts
Private finance is an alternative corporate finance method that helps an organization raise cash to avoid limited frame monetary shortfalls. This is typical serves as a firm that is not listed on a securities exchange or unable to get finance.
The financial activities related to running a corporation. A divisional or department who oversees the financial activities of the company. It is considered with maximizing shareholder value through long term and short term.
Personal finance is the application of the principle of finance to the monetary decisions of an individual or family unit.
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