Get Started with ixamBee
Start learning 50% faster. Sign in now
Commercial banks in India perform various functions, including accepting deposits, making loans, and providing other banking services. One of their key functions is credit creation, where they create new money by making loans to borrowers, thereby increasing the money supply in the economy. The Reserve Bank of India (RBI) issues currency, provides banking services to the government, and regulates credit in the economy, but these are not functions of commercial banks.
Moatsu festival of Nagaland is celebrated by which of the following tribes?
________ is NOT a tributary of the river Ganga.
Which of the following statement(s) is/are INCORRECT vis-à-vis Fundamental Duties?
1) The 44th amendment Act introduced Fundamental duties in th...
Who among the following was the minister who helped King Ashoka acquire the throne?
Which Article of the Indian Constitution prohibits providing of any religious instruction in the educational institutions maintained by the State?
Who is the author of the book ‘Era of Darkness’ ?
Where is the National Bureau of Agriculturally important Micro-organiom situated in Uttar Pradesh?
When RBI decides to decrease the repo rate, money supply will _________ .
Dada Saheb Phalke Award is given for outstanding contribution in the field of
Kelucharan Mohapatra is associated with which of the following dances?
