Question
Which of the following gives the Fisher equation of
money?Solution
Fisher equation is given by MV=PT , and its derivation is credited to an American, Professor Irving Fisher. It states that the money supply (M) multiplied by the velocity of circulation (V) is equal to the number of transactions involving money payments (T) times the average price of each transaction (P).
Which of the following is not considered as direct instruments of RBI?
Which one of the following statements is true
The RTGS transaction timings on Saturday is from
Minimum amount of Certificate of Deposit isÂ
The Asian Development Bank (ADB) has sanctioned ________ amount of loan facility to carry forward fiscal reforms in West Bengal?
DRT and SARFAESI are the two methods adopted by Bank for
Which of the following acts empowers RBI to regulate Non-Scheduled Banks?
NITI Ayog stands for
Any type of banking business facility that is located separately from the bank's main location is known as ______ service bank.
Which of the following statements is true?
