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Countries seek help from the IMF usually when their economies face a major macroeconomic risk, mostly currency crisis (such as the ones Sri Lanka is facing). Countries seek such assistance from the IMF to meet their external debt and other obligations, to purchase essential imports, and to prop up the exchange value of their currencies. The IMF lends money to the troubled economies often in the form of Special Drawing Rights (SDRs). SDRs simply represent a basket of five currencies, namely the U.S. dollar, the euro, the Chinese yuan, the Japanese yen, and the British pound. This lending is carried out by a number of lending programs such as extended credit facility, flexible credit lines, stand-by agreements, etc.
The rate of interest which the RBI charges on the loans and advances to a commercial bank borrowed for a long term is known as ________.
Which of the following is true about the discounting of bill of banks?
I. Banks provide short-term finance by discounting bills, by making pay...
Which is not true about Regional Rural Banks (RRBs)?
i) RRBs were jointly prompted by Central Govt, State Govt and Sp...
.............................is a facility extended by the Reserve Bank of India to the scheduled commercial banks (excluding RRBs) and primary dealers...
T-Bills, Government Bonds and Cash Deposits are the examples of –
. ________________ has recently approved a law banning all exploration and production of oil and natural gas by 2040.
Expand the term ALM as used in Banking/Finance sector.
Bandhan Express will provides connectivity between which of the following two countries?
Who is the present MD and CEO of AU Small Finance Bank ?
Which of the following formulates the Fiscal policy in India?