Question
Which fund do banks contribute to if they fail to meet
PSL targets?Solution
Banks with PSL shortfalls must deposit funds into Rural Infrastructure Development Fund (RIDF ), managed by NABARD and other designated funds. Â
Security firms are primarily exposed to
Which of the following is true regarding the General Insurance Business (Nationalization) Act, 1972?
What does the term "IS curve" represent in the ISLM model?
According to the RBI’s revised guidelines on hedging foreign exchange risk, a user can enter into foreign exchange derivative contracts without under...
Consider the following statements regarding India’s GDP data:
1. The National Statistical Office (NSO) is mandated to prepare national accounts...
The current pension systems of National Pension System (NPS) is a _____________ plan.
RBI Retail Direct Scheme provides Retail investors the facility to open and maintain the ‘Retail Direct Gilt Account’ (RDG Account) with RBI. It wa...
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Which of the...
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What is the term used to describe the rate of return earned by an investor who purchases a bond and holds it until it matures?
Pradhan Mantri Shram Yogi Maan-Dhan Yojana assures a minimum assured pension of ________ upon attaining the age of 60 years.