Question
RBI increased the CRR requirement to 4.5% in May 2022.
This action is expected to ________Solution
The RBI increased the CRR (Cash Reserve Ratio) by 50 bps to 4.50% of the NDTL •      effective from the fortnight beginning May 21, 2022 •      This has been done to withdraw excess liquidity; the withdrawal of liquidity through this increase in the CRR would be of the order of ₹87,000 crore.
As per Negotiable Instruments Act, 1881, Negotiable Instruments means:
While computing exemption in respect of gratuity received by a non-Government employee covered by the Payment of Gratuity Act, one of the items to be co...
The delivery of goods by one person to another as a security for the payment of a debt is called__________.
A’s acceptance to B for Rs. 5,000 is discharged by a cash payment of Rs.3000 and a new bill is drawn for the balance plus Rs.100 for interest. The am...
Audit of accounts by the staff of the business is known as:
A & B are partners sharing profits & losses in the ratio of 3 : 2. They admitted C into partnership with 3/10 share in the future profits of which he re...
Under the head Income from other sources, Family pension received is exempted upto ______.
Which of the following pair is wrongly matched?
A firm has a current ratio of 2.5 and quick ratio of 1.2. Its current liabilities are ₹4 lakh. What is the value of inventory?
Which Indian Accounting Standards (Ind AS) deals with "Financial Instruments"?
