What is the rate of interest earned on CRR maintained by banks with RBI?
Banks in India are required to hold a certain proportion of their deposits in the form of cash. However banks do not hold these as cash with themselves; they deposit such cash (i.e. currency chests) with RBI, which is considered as equivalent to holding cash with them. This minimum ratio (that is the part of the total deposits to be held as cash) is stipulated by the RBI and is known as the CRR or Cash Reserve Ratio. Note – the bank does not earn any interest on these cash deposits kept with the RBI. Snapshot from study notes of the ixamBee SEBI course covering topic in crisp and easy to remember format
What are the primary elements that make up the alloy brass?
Match the following:
Sabudana of which state has recently been given GI tag?
As of June 2022, which of the following languages have been given status of classical languages in India?
I. Kannada
II. Telugu
Which of the following methods is used to separate the colloidal particles?
Recently “TruthGPT” AI platform launched by?
Consider the following statements about State Food Safety Index:
1. Recently, Ministry of Commerce published the State Food Safety Index
Under PM Shram Yogi Maandhan Yojana, a worker in the unorganized sector whose monthly salary is less than Rs ________________ can register in the scheme.
Consider the following statements regarding the ‘Location of Ireland’:
1.It is located in the Pacific Ocean.
2.The Irish and Celtic ...
Which state has recently declared the Gangetic dolphin as the state aquatic animal