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Standing Deposit Facility allows the RBI to absorb liquidity (deposit) from commercial banks without giving government securities in return to the banks. In the present situation, the main arrangement for the RBI to absorb excess money with the banking system is the famous reverse repo mechanism. Under reverse repo (which is a part of the Liquidity Adjustment Facility), banks will get government securities in return when they give excess cash to the RBI. An interest rate of reverse repo rate is also provided to banks
Under which of the following section the merchant banker cannot carry on any business other than in the securities market?
Who among the following has been honoured with Indian Film Personality of the Year at 53rd IFFI?
What is the primary objective of the Nasha Mukt Bharat Abhiyaan (NMBA)?
Tamil Nadu recorded temperatures exceeding which degree Celsius during the heatwaves in April and May 2024?
Who has been nominated as the new President of the Film and Television Institute of India (FTII), Pune, and will also serve as the Chairman of the gover...
Which ministry launched a scheme to establish a sustainable electronics component ecosystem in India?
The union cabinet has approved and finalized the development of the new Dholera greenfield airport in which of the following states?
Recently India has signed a film treaty with which country?
What is the atomic number of Bromine?
According to a Reuters poll of economists, what was the expected consumer price inflation (CPI) for August 2024?
