The department of banking and Finance is an offshoot of the mainstream of the Science of Economics, and because of the pervasive and fundamental link it has with the management of an economy’s financial resources, it has established itself worldwide as an independent and special area of study. As the name implies, it refers to the study of Banking and non-Banking Financial Institutions including Central Banking , Commercial and Merchant Banking, other forms of financial institutions and intermediation as well as financial management and control of a nation’s financial resources, and their interrelationships in response to the now ineludible demand for international financial transactions. A sound knowledge of the operations of fiscal policies is at once compelling and inevitable for understanding and acting within the complex network of transactions in present-day national or world economy.