……………………………………………. allows the RBI to absorb liquidity (deposit) from commercial banks without giving government securities in return to the banks
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
Commerce and Industry Minister Piyush Goyal said that the country is on track to achieve the export target set for goods and services in the ongoing fis...
Which of the following is NOT an objective of ‘YUVA PRATIBHA - Culinary Talent Hunt’?
I. To promote culinary talent of Indian youth.
<...Who is the author of the book 'Revolutionaries: The Other Story of How India Won Its Freedom'?
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The Reserve Bank of India (RBI) has issued new norms for the uniform treatment of Bad and Doubtful Debt Reserve (BDDR) for nonperforming assets (NPAs) a...
What was the objective of Exercise Poorvi Lehar conducted by the Indian Navy on the East Coast?
Which of the following statements accurately describe the Credit Assistance Program for Jan Aushadhi Kendras?
1. Dr. Mansukh Mandaviya is respons...
FRBM stands for
HDFC Bank, India’s largest private sector bank, has become the first lender in the country to achieve the milestone of 20 million credit cards in forc...
What will be the new capital of Andhra Pradesh?
