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According to Simon, because of bounded rationality, the decision made is ‘satisficing’ in nature i.e. they only satisfy and suffice but not maximise. Thus, a decision maker is looking for a satisfactory solution for a problem in the given situation and the constraints and not for the ideal solution as that may lead to an endless search.
The Marginal Standing Facility (MSF) rate is linked to which of the following rates?
Canara Bank was nationalized in which of the following year?
Which monetary policy tool involves central bank buying and selling government securities to regulate the money supply?
Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) was established by Reserve Bank of India (RBI) as its wholly owned subsidiary on?
Which of the following is a system that powers multiple bank accounts into a single mobile application (of any participating bank)?
The first known mutual aid society in India was ________.
Consider the following statement/s about Companies Act 2013:
1. It received presidential assent on 29 August 2013.
2. It superseded the Co...
During the ______ foreign exchange crisis, Indians transferred the gold reserve to the Bank of England to secure about 405 million loans.
How many projects worth ₹50 crore were inaugurated under PMMSY in northeastern states?
________ happen when RBI desires that liquidity should be squeezed from the economy but Banks are not eager to deposit money with RBI at rate fixed by RBI.