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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
Who was the Secretary of State for India during the Morley-Minto Reforms in 1909?
Which of the following were the objections made by the Congress that led to the failure of the Cripps Mission?
1. Dominion status offer.
...Regarding the Revolt of 1857, assess the accuracy of these statements:
(I) The introduction of the Enfield rifle and its grease-coated cartridges...
Consider the following statements regarding the salt satyagraha
1. Salt was chosen for the protest because Gandhi considered the Salt tax as a...
Which movement, known as 'Surkh Posh', was initiated by Khan Abdul Gaffar Khan?
The 'Rashtriya Swayamsevak Sangh' (RSS) was founded in which year?
With reference to Raja Ram Mohan Roy, consider the following statements:
1. He established Atmiya Sabha as a part of Brahmo Samaj.
2. B...
Which regiment did Mangal Pandey, a key figure in sparking the Indian Rebellion of 1857, serve in?
The Indian Home Rule Society was established in which year?
Who initiated the Radhaswami Movement?