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● Statement 1 is correct: The RBI undertakes the responsibility of controlling credit created by commercial banks through quantitative and qualitative techniques to control and regulate the credit flow in the country. When RBI observes that the economy has sufficient money supply and it may cause an inflationary situation in the country then it squeezes the money supply through its tight monetary policy and vice versa. ● Statement 2 is correct: Section 45 of Banking Regulation Act 1949 empowers the Reserve Bank to make a scheme of amalgamation of a bank with another bank if it is in the depositors' interest or in the interest of the overall banking system. Many private sector banks have been merged with other private sector banks or the PSBs under this mechanism. The power of winding up of banks lies in the hand of the Reserve bank of India. The Banking (Regulation) Act, 1949 provision from Section 38 to 44 deals with the winding up procedure for banks.
The societal marketing concept is most closely related to:
IMC Inc. focuses specifically on social media content marketing for their clients and hence would be considered a:
Which of the following statements about the purchase stage of the consumer purchase decision process is NOT true?
Wikipedia has a(n) __________ degree of self-disclosure.
Which segmentation factor will members of a local hunting, fishing, and trapping association be characterized as?
A type of retail outlet that focuses on one type of product at very competitive prices and often dominates the market is called a:
Which of the following customer service components is likely to be most critical for Ford when it purchases new-to-the-manufacturer automobile tires (ti...
Which of the following best illustrates the concept of derived demand?
Gasoline would be considered a:
As a recent graduate of university, you decided to open your own nail art studio. In this scenario, you would be classified as a(n):
