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.
The fifth volume of the Reserve Bank of India’s history is released, this volume encompasses the period from ______.
How has the sovereign gold bonds (SGBs) scheme impacted India's gold import bill in the financial year 2023-24?
Canada Pension Plan Investment Board (CPPIB) has sold 1.7 per cent stake in private sector lender Kotak Mahindra Bank, mopping up to _______ .
The IIT Hyderabad has created India's first AI-triggered accessible job portal for persons with disabilities (PwDs). Name it?
What was China's share in global EV exports in 2024?
Recently, Japan successfully conducted a test-fire of what advanced technology from an offshore platform?
What share did UPI account for in total payment volume as per the RBI report?
To prevent cancer ‘Hope Express’ has been announced by the Health Minister of state ______ Rajesh Tope?
HyderabadDLabs at the Indian School of Business (ISB) has launched ‘Build for Billions in association with Reserve Bank Innovation Hub (RBIH) a st...
________ signed a professional services agreement with Cloud Software Group, to help implement, upgrade, modernize and provide services for its TIBCO pr...
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