Standing Deposit Facility allows the RBI to absorb liquidity (deposit) from commercial banks without giving government securities in return to the banks. In the present situation, the main arrangement for the RBI to absorb excess money with the banking system is the famous reverse repo mechanism. Under reverse repo (which is a part of the Liquidity Adjustment Facility), banks will get government securities in return when they give excess cash to the RBI. An interest rate of reverse repo rate is also provided to banks
Under Section 11 of the Indian Contract Act, which of the following conditions must be met for a person to be considered legally competent to enter into...
Formal Certificate of dishonor issued by the Notary Public to the holder of Bill or Note on his demand, is called as:
Constitution Day is also known as______________
As laid down under the Companies Act the instrument creating a charge shall be preserved for a period of _____________ from the date of satisfaction of...
Which section of the Companies Act delas with the provisions of Investor Education & Protection Fund?
Things done in private defence ___________________
What is a partner obligated to do in case of wilful neglect in conducting the firm's business?
The Central Government, if on a representation made by the Reserve Bank in this behalf is satisfied that it is expedient so to do, may by notification i...
Transfer by Ostensible Owner is discussed under which section of the Transfer of Property Act?
As per the provisions of the Companies Act every foreign company shall, within __________ of establishment of its place of business in India deliver to ...