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Category: glossary , Asked by: Frankie L. From Ireland

A: An economic term to describe the inputs that are used in the production of goods or services in the attempt to make an economic profit. The factors of production include land, labor, capital and entrepreneurship. In essence, land, labor, capital and entrepreneurship encompass all of the inputs needed to produce a good or service. Land represents all natural resources, such as timber and gold, used in the production of a good. Labor is all of the work that laborers and workers perform at all levels of an organization, except for the entrepreneur. The entrepreneur is the individual who takes an idea and attempts to make an economic profit from it by combining all other factors of production. The entrepreneur also takes on all of the risks and rewards of the business. The capital is all of the tools and machinery used to produce a good or service.

Category: platform , Asked by: M. A. From Vancouver, United States

A: If you seek a forex trading platform with mobile enhanced program, we absolutely recommend you to go to "Global Forex Trading (GFT)". The design is really great looking and the program is loaded with the newest developments in a mobile adapted environment - this mobile friendly platform is an excellency standard among its competitors.

Category: glossary , Asked by: Ryan N. From Luxembourg, Luxembourg

A: The central bank of India, which was established on April 1, 1935, under the Reserve Bank of India Act. The RBI uses monetary policy to create financial stability in India and is charged with regulating the country's currency and credit systems. Located in Mumbai, the Reserve Bank of India serves the financial market in many ways. One of its most important functions is establishing an overnight interbank lending rate. The Mumbai Interbank Offer Rate, or MIBOR, serves as a benchmark for interest rate related financial instruments in India.