Question
Suppose nominal GDP equals 1,000 units and money supply
equals 250 units. Based on the quantity theory of money, the velocity of money equals.Solution
MV= PY. V=PY/M = 1000/250 = 4Â Â Â Â
Which of the following entities are banks prohibited from granting loans or advances to, as per the provisions of Section 20?
According to the RBI’s revised guidelines on hedging foreign exchange risk, a user can enter into foreign exchange derivative contracts without under...
Which of the following is not a characteristic of bullion?
1) It is traded on commodity exchanges.
2) It is typically bought and sold base...
The treasury department have evolved in importance over number of years, which of the following is not a function of treasury department:
DAY-NRLM is an ambitious effort by the GoI to reduce poverty by enabling the poor households to access gainful self-employment and skilled wage employm...
Which of the following companies was the first to set up a branch in GIFT City's International Financial Services Centre (IFSC)?
According to Basel III norms, the minimum Capital to Risk-weighted Assets Ratio (CRAR) requirement for Indian scheduled commercial banks is:
Which of the following statement with respect to Risk weight for banks is correct?
                     I.       Th...
Contingent liabilities are recorded in:
What is the minimum asset size required for an NBFC to be classified as a ‘Systemically Important NBFC’ in India?
