Distinguish between scheduled bank and non-scheduled bank

The different types of banks that are operating in our money market, are divided into two groups- scheduled bank and non-scheduled bank.
1. Scheduled bank: The banks that are enlisted or included in the scheme of the central bank are called scheduled bank. According to Bangladesh bank order-1972 article (1), A scheduled bank means a bank for the time being included in the list of banks maintained by the central bank under sub-clause (a) of clause (2) of article 32. Any bank not included in this list is a non-scheduled bank. For example, as of today, Grameen bank is not a scheduled bank. All the commercial banks in Bangladesh are, however, scheduled banks. Now the total number of scheduled banks is 51.

Distinguish or difference between bank and banking

Bank

Bank is a financial institution that accepts the surplus money of the people in the form of deposit and gives it to other in the form of loans and advances.

According to professor Chamber, “bank is an office or institution for keeping, lending and exchanging etc of money.”

Banking

Banking is the process of performing the activities of a bank.

History of Confrontation between the West and Middle East

The Western world had for centuries been gradually penetrating most of the areas that had once been part of the Muslim empire, and in the latter part of the nineteenth century European powers came to dominate the Middle East.European penetration was gradual and complex process; but there were, nevertheless, clearly identifiable turning points. In the sixteenth century, for example, the Ottoman Empire voluntarily granted a series of concessions which gave the Europeans advantages in foreign trade in the empire. Another turning point was the invasion of Egypt in 1798 by Napoleon Bonaparte. Hoping to cut Britain's lines to India and cripple its maritime and economic power, Napoleon crushed the Mamluks (who governed Egypt under Ottoman suzerainty) and briefly occupied the country. On July 21 (1798), in a battle fought within sight of the Pyramids they were entirely defeated, and Napoleon was master of Egypt.