Question
What is the maximum time period given to the states to
repay the Ways and Means Advances extended to them by the RBI?Solution
Ways and Means Advances are extended by the Reserve Bank of India to the states in order to help them meet the temporary mismatch in the cash flow. The states can repay the advance within a maximum period of 90 days. WMA is guided by the Section 17(5) of the RBI Act 1934.
Which of the following relationships apply to a par value bond?
A)Â Â coupon rate < yield-to-maturity
B)Â Â current yield = yield-to-mat...
Compared to investing in a single security, diversification provides investors a way to _______
What does the two way rates quoted as 1$=75.10/11 ₹, mean?
Which of the following is a restriction regarding investments made by banks in securities/instruments issued by NBFCs?
RBI created Payments Infrastructure Development Fund (PIDF) which intends to subsidise deployment of payment acceptance infrastructure in the country. T...
In which of the following cases can a NPS subscriber withdraw 100% amount without purchasing an annuity?
In case of banks, CRAR is calculated as which among the following?
Which of the following is/are “inflation measuring indices” in India?
1. Consumer price index
2. Wholesale price index
...
As per the Economic Survey 2023-24, what was the growth rate of India's real GDP in FY24 compared to its level in FY20?
ABC Ltd has made purchases of Rs.100,000 during the year. The balance sheet shows an average accounts payable balance of Rs12,000. ABC Ltd payable payme...
