Welcome to the 1520 Perfect Dictionary
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| Central bank | |
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| CENTRAL BANK Definition: A national bank that does business with the government and other banks, and issues the country's coins and paper money. ______________________________________________________________________ * All six elements should be in. 1. Purposeful and necessary (connect to #3). 2. Legal and/or established by the relevant laws. ____________ CONTROLS AND REGULATES. (monetary stability.) 3. Has a mandate and core functions. That is, it has specific roles and is free of government's manipulation in its day-to-day activities. In other words, its supervisory and oversight functions will be professionally conducted, well-run or managed. 4. Appropriately staffed by qualified and certified professionals: development economists, actuaries, accountants, mathematicians, political economists, statisticians, etc., etc. ____________ MANAGES AND INTERVENES. (exchange rate stability.) 5. Performs its roles efficiently and effectively. That is, has a positive impact on nation's economy and ensures a steady growth. In other words, the management is professional, incorruptible and patriotic. 6. Achieves its goal(s) or serves its purpose(s), satisfactorily, to the benefit of the citizenry; but this can happen only if the bank is fully independent. ___________ * IT'S NOT THE PHYSICAL STRUCTURE ! (financial systems stability.) | |
1520 Products |
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1520 Products was established in 2005 with the purpose of entertaining and teaching us on key and important aspects of life (such as marriage, sex, etc) through the playing of games which will allow us to laugh but at the same time pass a message of what is the right or ideal way. |
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 1520 Sex Game |
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 1520 Marriage Game |