What is the rate of interest earned on CRR maintained by banks with RBI?
Banks in India are required to hold a certain proportion of their deposits in the form of cash. However banks do not hold these as cash with themselves; they deposit such cash (i.e. currency chests) with RBI, which is considered as equivalent to holding cash with them. This minimum ratio (that is the part of the total deposits to be held as cash) is stipulated by the RBI and is known as the CRR or Cash Reserve Ratio. Note – the bank does not earn any interest on these cash deposits kept with the RBI. Snapshot from study notes of the ixamBee SEBI course covering topic in crisp and easy to remember format
What is the maximum loan amount that can given under Kishor Scheme of Mudra Loan
What is the maximum period for which the Central Government may supersede the Authority under IFSCA Act?
The population covered with bank accounts increased from 53 per cent in 2015-16 to ________ in 2019-21 (as per NFHS).
Which of the following are part of Market Infrastructure institutions?
Which of the following Schemes have contributed towards making of physical infrastructure in India?
I- Bharatmala
II- Sagarmala
III- UDAN
IV- DAY-NRLM
The Direct benefit transfer scheme is related to transferring of ________
Which insurance company has launched ICICI Pru Gold, a new long-term savings product designed to enable customers to create an additional income stream...
Consider the following about the Vision of Amrit Kaal:
I. Opportunities for Citizens with a focus on the Youth.
...Consider the following Statements about International Financial Centres and choose the option with correct Statements.
I- In India, we cannot ...
Which of the following statements are correct with respect to the International Banking Units (IBUs) operating in IFSC?
(i) ...