Question
What is the ratio of money held by the public in
currency to that held as deposits in commercial banks called?Solution
The currency deposit ratio shows the amount of currency that people hold as a proportion of aggregate deposits. An increase in cash deposit ratio leads to a decrease in money multiplier. An increase in deposit rates will induce depositors to deposit more, thereby leading to a decrease in Cash to Aggregate Deposit ratio. This will in turn lead to a rise in Money Multiplier.
Small Industries Development Organisation was established in which of the following year?
__________ and Liberty Global, a London-based telecom firm, signed a €1.5 billion (about $1.64 billion) deal for five years to evolve and scale up the...
In which year was the Securities and Exchange Board of India (SEBI) established as a statutory body?
Which of the following is not a Maharatna Central Public Sector Enterprises (CPSEs)?
Securities and Exchange Board of India (SEBI) works under the administrative domain of which ministry?
Which feature distinguishes a current account from a savings account?
Which act governs the regulation and supervision of NonBanking Financial Companies (NBFCs) in India?
World Health Organization (WHO), the United Nations’ specialized agency for Health was founded in which year?
Andhra Bank and Corporation Bank were amalgamated into Union Bank of India in which of the following year?
The quorum for the meeting of the monetary policy committee (MPC) is ____ members.
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